Tag Archives: David Dayen
WHO OWNS WHAT: BANKS AND THE NEW FEUDALISM
In a new Salon article, David Dayen eloquently sums up root cause of the new feudalism, which is being helped along by the federal government and federal courts: “Many focus on how the failure to prosecute financial crimes, by Attorney … Continue reading
TAX TIME: PAY UP SO WE CAN CONTINUE TO TRAMPLE YOUR RIGHTS
It’s tax season! “Working for no one but me,” indeed… In the spirit of the season, Naked Capitalism has an interesting post today, titled “Whistleblower Reveals Favoritism Toward the Rich, Robo-Signing at the IRS.” Here’s an interesting excerpt regarding the … Continue reading
I SMELL A SETTLEMENT–BUT CONVENTIONAL WISDOM IS CHANGING FOR THE BETTER
So the so-called regulators have gotten in on the Wells Fargo debacle: “…four major watchdogs have taken notice. New York’s attorney general, the Consumer Financial Protection Bureau, the New York State Department of Financial Services and the United States Trustee … Continue reading