Tag Archives: banksters

  all the education you can afford

Student Loan Debt Leads to Unexpected Immortality

S-M-R-T
Here is the good news about student loans: they can apparently lead to your eventual immortality. The bad news: they lead to your eventual immortality by haunting your loved ones even after your death. Read more on Student Loan Debt Leads to Unexpected Immortality…
  governor moneybeam

Millionaire TARP-Bailout Bankster Would Like Chance To Lose To Jerry Brown

Only a former Goldman-Sachs executive who has never held elected office and supervised the bank bailout under George W. Bush would have the hubris to survey a landscape rife with inequality, a shrinking middle class, and a 21.5% high school drop-out rate and think, “gee, I am exactly what the state of California needs right now: a job-creator and a go-getter who has what it takes to fix education and help Poors!” Do you think we are joking? Wonkette does not tell “jokes.” From the L.A. Times:  Former U.S. Treasury official Neel Kashkari announced Tuesday that he is running for governor of California, staking his campaign on his ability to create jobs and improve public schools. […] Kashkari, who has never held elected office, ran the taxpayer-funded federal bank bailout under President George W. Bush and Obama and has worked as a fund manager, investment banker and engineer. He pointed to his work running the bailout, when politicians worked together to ward off financial disaster, as an example of what he hoped to accomplish in California. Read more on Millionaire TARP-Bailout Bankster Would Like Chance To Lose To Jerry Brown…
  fapfapfapfap

Why Is Liz Warren Yelling At Bank Regulators Today? (Video)

Liz Warren came to Washington to kick ass and chew bubblegum, and she is ALL OUT OF BUBBLEGUM. Would you like to watch her tear into regulators about wrongful foreclosures? Specifically: why no one knows exactly how many people were wrongfully foreclosed on, and also, why wrongfully foreclosed upon people may have gotten as little as $300 for their troubles? Of course you would, these kinds of videos are the highlight of our week too, let us all sit back and relax and bask in the glory of Liz Warren, kicking ass at the Housing and Urban Affairs Committee, courtesy of ThinkProgress. Read more on Why Is Liz Warren Yelling At Bank Regulators Today? (Video)…
  run on banks

Wells Fargo Bills Elderly Disabled Veteran To Death Over Typo

Every day, we wake up thinking that we cannot possibly dislike the banks (and their enablers) more than we did them the day before, and most of the days we are right, and our fear and loathing glides along on a steady keel. But once in a while we are proven wrong and learn of something so horrible that we are forced to critically examine our current stance towards the banks (and their enablers), and inevitably conclude that the intensity of our feelings requires revisiting. Today was such a day, because today we learned of Larry Delassus, a disabled veteran who dropped dead in court while fighting Wells Fargo about their mistaken foreclosure on his house: Read more on Wells Fargo Bills Elderly Disabled Veteran To Death Over Typo…
  Biden/Warren 2016

Elizabeth Warren Hands Ben Bernanke His Own Ass

Hi Lizzz! HIIIIIII! WE LOVE YOU!!!! Why? Well, in addition to the usual reasons, Ben Bernanke appeared in front of the Senate Banking Committee yesterday, and Elizabeth Warren basically asked him stuff like: Why is everything still so horrible, Ben? Why are you doing absolutely nothing to fix anything, Ben? Why are you just standing there with your dick in your hand while the banks crap all over the American people, Ben? If you love the banks so much, why don’t you marry them, Ben?  Read more on Elizabeth Warren Hands Ben Bernanke His Own Ass…
  journamalism

Anderson Cooper To Whistleblower: Why Do You Want To Hurt Those Nice Banks?

Well that was fast! The media has already, as Hamilton Nolan astutely predicted, turned on Greg Smith, the former Goldman Sachs analyst turned writer. You might remember Greg Smith from the scathing Op-Ed he wrote in the New York Times back in April, announcing his resignation from Goldman Sachs and revealing that their corporate culture is about as disgusting as we all have probably imagined it to be. At the time of the Op-Ed, the media wasn’t so sure about what to make of him, but erred on the side of “whistleblower,” with a dollop of hero! Except now the Lamestream Media has changed its mind and decided that he kind of sucks because the banks are full of shitbags, tell us something we don’t know. Actually, he isn’t “believable,” probably (this is from the New York Times). Or maybe he is actually a LIAR, look at him LYING his ass off and getting paid a shitload of money to do it! That last one, of course, is from Forbes magazine, a paragon of probity. Read more on Anderson Cooper To Whistleblower: Why Do You Want To Hurt Those Nice Banks?…
  what's good for milo minderbinder is good for america

Former CEO of Merrill Lynch Has Some Very Pressing Questions About His Executive Pay

It’s 2008, and some of the Brightest Minds in the nation have gathered at our nation’s capital order to prevent global economic collapse. The bankers arrive, and they immediately begin asking what they can do to help the country’s homeowners, many of whom will soon find themselves facing foreclosure. Ha! Ha! Ha! No, stupid, they did not ask about the homeowners, their first question (literally) was something along the lines of “Whatever happens here, I’ll still be getting lots of money, right?” Read more on Former CEO of Merrill Lynch Has Some Very Pressing Questions About His Executive Pay…
  smashed it proper he did

‘Sorry I Broke Glass Steagall’ Say Sandy Weill, A Little Late

Oh LOOK who’s had a change of heart. Citibank ex-CEO Sandy Weill, architect of too big to fail and self-described shatterer of Glass Steagall, that’s who. Apparently — and it took him 40 years to realize this — it’s not a great idea to have unregulated behemoth financial institutions offering retail banking as well as investment banking because it puts the entire world’s economy at risk is bad for shareholders. Read more on ‘Sorry I Broke Glass Steagall’ Say Sandy Weill, A Little Late…
  $100 million isn't cool

What’s In Your IRA? Don’t Worry, Mitt Romney Doesn’t Know Either

Oh HI, rapidly aging baby boomers! How is that retirement planning coming? From what we hear, not so hot! Perhaps if America’s baby boomers had been as smart as Mitt Romney and found a way to siphon $100,000,000 (ONE HUNDRED MILLION) into an IRA (individual retirement account to you young ones) in spite of strict caps on contributions, and found tax loopholes to exploit and sent their moneys on exotic vacations to places like Bermuda, they would not have to suckle so hard from the government’s teat and would be able to exercise Personal Responsibility of the kind that Saint Reagan preached. Read more on What’s In Your IRA? Don’t Worry, Mitt Romney Doesn’t Know Either…
  it's morning in america

Banker-Controlled Government Can’t Figure Out How To Prosecute Bankers

The Senate Permanent Subcommittee on Investigations said on Wednesday that Goldman Sachs “misled investors selling mortgage-backed investments it knew would fail” and that executives from the bank had also “misled Congress in a testimony given in 2010.” And now all the thieving, lying bankers who ruined America will be sent to Bagram Fun Palace. Just kidding! The New York Times has a million-word story explaining how federal investigators tried so hard to find a way to prosecute Goldman Sachs and all the other banks, but just couldn’t! (Seriously!) According to the NYT Business Section, trying to figure out why all these white rich guys who control our government weren’t convicted of financial malfeasance is “the equivalent of determining why a dog did not bark — is anything but simple.” Ha-ha. Okay? Here is a news article about a 25-year-old mother of four who was sentenced to ten years in prison for selling $31 of weed. Why was she sent to prison? Because she stole billions of dollars and lied about it to the United States Senate. (She wasn’t friends with Henry Paulson, though!) Embarrassing. [NYT] Read more on Banker-Controlled Government Can’t Figure Out How To Prosecute Bankers… Read more on Banker-Controlled Government Can’t Figure Out How To Prosecute Bankers…