Why Aren’t we breaking up the banks that bet against America?

Discussion of Blankfein’s charges of Goldman Sachs email release as “cherry picked”

Erica Payne invites you to come chum hunting to help restore the integrity of our financial markets and lay the foundation for economic recovery.

An excerpt from my April 7, 2010 post called, Was the Financial Meltdown Manufactured By Banks-Too-Big-To-Fail? Yes, many of us in the investment business were talking about the probability of scams and frauds due to CDO insurance long before the SEC made its move.

Is Goldman Sachs responsible for the Iceland volcanic activity?

Who Ailed Roger Ailes?

Matt Taibbi and Robert F. Kennedy Jr. recently summarized the mythos of Wall Street types. Taibbi’s analysis is nearly perfect, except that he falls prey to the fashion of dressing up our psyches in outdated APA-style vestments. The word for the function he describes is “mythos.”Ayn Rand is credited with being the queen of the myth of self-interest as the highest social good. Her tome, Atlas Shrugged, is the bible of Gordon Gecko-type greedheads. Ellis Weiner calls it a “deeply adolescent piece of science fiction.” It’s the myth that shapes the cosmos of Wall Street in the minds of bankers even before they act in it.

Nosferatu versus New Moon–be thankful this is ONE sequel that isn’t in the works!

As we learn more details, it becomes more and more clear that our main decision is what to do about the scandal of the AIG bailout.