Where the Money Is

Where the Money Is

As foreclosures Trim our ranks, The biggest scoundrels Are still the banks. The nation’s big banks are making big profits again. Whew! I was a little worried there for a minute. During America’s recent financial meltdown we actually lost a few biggies, and...
A Wall Street Powerhouse Attorney Talks Sense

A Wall Street Powerhouse Attorney Talks Sense

With April 15 fast approaching, Americans are naturally thinking about taxes. But most of us won’t be thinking about them the same way our forebears once did. Over the past half-century, our nation has witnessed a profound transformation in attitudes toward...
Empty Anti-Wall Street Rhetoric

Empty Anti-Wall Street Rhetoric

All those political campaign ads flooding our airwaves are hitting on dozens of different targets. One particularly: Wall Street. Between mid-April and mid-September, Ad Age reports, $1 out of every $10 spent on campaign ads has blasted Wall Street bankers. And these...
European Victory on Taxing Speculation

European Victory on Taxing Speculation

Cross-Posted with the Huffington Post European campaigners for a financial transaction tax have done some awfully goofy things over the past three years. At one French demonstration, they stripped down to their skivvies to emphasize the small size of the tax (0.1% on...
Apparently, Suite Crime Does Pay

Apparently, Suite Crime Does Pay

What should we, as a society, do with all those reckless financial industry execs who helped trigger the Great Recession and the tidal wave of foreclosures? Should we put these power suits behind bars? Or should we forgive and forget, and lavish down upon them...