By the Alternative Banking Working Group of Occupy Wall Street Dear Jamie Dimon: We, the Alternative Banking Working Group of Occupy Wall Street, are staging an intervention on your behalf.Similar News >>

As regular readers no doubt recall, Eric Schneiderman abandoned the dissident state attorney general effort to get a better mortgage settlement, assuring the Administration a win on this sellout to the banks. The bright shiny prize Schneiderman got in return for his betrayal was serving as one of five co-chairmen on a Federal mortgage task force, which appears to have gotten close to nada in resources beyond the staff in various Federal agencies who were already working on mortgage investigations. And given that were are now close to a full five years past the origination of toxic subprime dea... Similar News >>

By Abigail Caplovitz Field, a freelance writer and attorney. Cross posted from Reality Check Jamie Dimon, John Stumpf, and to a lesser extent, Vikram Pandit and Bryan Moynihan, are running massive hedge funds. They're placing enormous, incredibly risky bets.Similar News >>

Paul Krugman's partisanship has become so shameless that we are giving him the inaugural Eric Schneiderman Decoy Award for his post "Things Fall Apart". The Schneiderman Decoy Award goes for exceptional achievement in turning one's good name over to particularly rancid Obama Administration initiatives.Similar News >>

By Michael Hudson, a research professor of Economics at University of Missouri, Kansas City and a research associate at the Levy Economics Institute of Bard College. His new book summarizing his economic theories, “The Bubble and Beyond,” will be available in a few weeks on Amazon. Paul Krugman is widely appreciated for his New York Times columns criticizing Republican demands for fiscal austerity. He rightly argues that cutting back public spending will worsen the economic depression into which we are sinking. And despite his partisan Democratic Party politicking, he said from the outset in... Similar News >>

Student loan debt slavery is even worse than you probably thought.Similar News >>

The Yes Lab is a is brainstorming/training effort associated with the Yes Men to help activists subject people in positions of influence to well deserved ridicule. Aquifer highlighted their latest project, which was infiltrating an award ceremony for a trade group in Dallas and bestowing their own prize.Similar News >>

Student loan debt slavery is even worse than you probably thought.Similar News >>

Yves here. Black does yeoman's work in describing the bias in the New York Times' Eurocrisis reportingSimilar News >>

By David Llewellyn-Smith, the founding publisher and former editor-in-chief of The Diplomat magazine, now the Asia Pacific’s leading geo-politics website. He is also the co-author of The Great Crash of 2008 with Ross Garnaut. Cross posted from MacroBusiness The American academic Robert Shiller has taken another contrarian tack with his latest book Finance and the Good Society. His claim is that Western finance has lost the sense of virtue that it once had.Similar News >>

Yves here. Black does yeoman's work in describing the bias in the New York Times' Eurocrisis reportingSimilar News >>

At the risk of looking like NC has become the "all Michael Hudson, all the time" channel, we're featuring his latest talk with Real News Network. He discusses how and why candidates make promises to ordinary people that they promptly repudiate when they assume office.Similar News >>

One of the amusing bits of the hastily arranged JP Morgan conference call on its $2 billion and growing "hedge" losses and related first quarter earning release was the way the heretofore loud and proud bank was revealed to have feet of clay on the risk management front.Similar News >>