Early yesterday evening, FBI agents took billionaire financier Jeffrey Epstein into custody at his Manhattan townhouse. According to reports in the press, Epstein, who is an admitted sex offender, will be arraigned in federal court tomorrow on sex trafficking charges. This marks a dramatic reversal for the powerful and influential Epstein, who had no doubt […]
In an op-ed posted on the CNN website yesterday, Democratic strategist James Carville warned Barack Obama that, unless he makes drastic changes now, he’ll likely lose the White House in 2012. Boiled down to three words, his advice to the President is this – fire, indict, fight. I wasn’t a huge fan of Clinton administration, […]
It’s been one year since the investment bank Lehman Brothers went belly up, putting into motion a chain of events that would culminate in some $600 billion in American taxpayer money being given away to corporations like AIG, Bank of America and Goldman Sachs. To commemorate the day, and breath new life into his stalled […]
I’m watching video right now of Bill Moyers interviewing William K. Black, the senior regulator who investigated the 1980’s Savings and Loan scandal, on what we’re seeing now on Wall Street. Black, the former Director of the Institute for Fraud Prevention, now teaches Law and Economics at the University of Missouri, in Kansas City. Here’s […]
