FDIC Takes Aim at Large Banks and Small-minded Regulators |
| By: Peterr Monday July 12, 2010 1:56 pm |
While Ben Bernanke dreams of being the uber-regulator and chief monitor of systemic risk, a new agreement between the FDIC and other banking regulators like the Fed allows the FDIC to have independent direct access to big banks instead of making the FDIC to rely on his tame stable of regulators at the Fed.
Chalk one up for real oversight.
No More Deceit — Strictly Regulate Wall Street |
| By: Leo W. Gerard Friday April 23, 2010 8:38 am |
The SEC accuses Goldman Sachs of fraud in a civil suit. An audit of Lehman Brothers reveals it used a shady accounting practice to conceal $50 billion in debts. An investigation of Wa-Mu shows it was rife with fraud, including fabricated loan documents. Clearly, these bankers can’t stop themselves from engaging in deceit to make money. And the “free market” has failed to moderate their reckless gambling. Strict regulation is crucial to prevent them from crashing the world economy again.
Mortgage Fraud — just another Scheme of the Shadow Bankers |
| By: jamess Thursday April 15, 2010 5:21 pm |
Bill Gross, head of PIMCO, is credited with coining the term “Shadow Banking System”. A few years ago he warned about its reckless behavior and how they could wreck the Economy.
Turns out this blunt-speaking Mutual Fund Manager — WAS Right!
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Just Say Now |
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Foreclosure Fraud |
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Prop 8 Trial |
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