The Next Subprime Loan Crisis

The Next Subprime Loan Crisis

The self-described “Geniuses of Wall Street” are being stupid. Again. In 2007, their stupid schemes and frauds crashed our economy, destroying middle-class jobs, wealth, and opportunities. Far from being punished, however, the scofflaws were bailed out by...
Wells Fargo is Rotting from the Top Down

Wells Fargo is Rotting from the Top Down

Just when you thought that, surely, big banker greed had bottomed out with 2008’s Wall Street crash and bailout, along comes Wells Fargo, burrowing even deeper into the ethical slime to reach a previously unimaginable level of corporate depravity. It’s one...
The Stumpf Banking System

The Stumpf Banking System

“Stumpf” is a German adjective for someone who’s obtuse, slow on the uptake, imperceptive, or to put it bluntly, stupid. Ironically, it also happens to be the surname of Wells Fargo’s CEO, who’s now mired in the most shameful banking...