Tags » Too Big To Fail

The Big Bank Backlash Begins

by Jesse Eisinger, ProPublica

Last week, I visited an alternate universe. The real world sees a pandemic of bank misconduct, but to the white-collar defense lawyers of Washington, the banks are the victims as they bow beneath the weight of regulators’ remarkably harsh punishments. 142 more words


'Too Big To Fail' Is Back—And Wall Street Says It's More Dangerous Than Ever

“I reject the narrative that the current state of affairs is simply the result of the actions of isolated rogue traders or a few bad actors within these firms. 921 more words

(What's Left of) Our Economy: The AIG Bailout's China Angle

The former AIG CEO’s lawsuit against the U.S. government for forcing it to accept an overly harsh and allegedly needless bailout provides an important and fascinating window into the financial crisis and the (at best) controversial government response. 829 more words

{What's Left Of) Our Economy

Regulatory Capture Old News for Community Banks

A new report exposing the New York Fed’s coddling of Wall Street megabanks—particularly Goldman Sachs—is making waves in Washington. And why shouldn’t it? The ProPublica report… 304 more words

Too Big To Fail

The Case of the Secret Recordings: A Tale about Bank Examiner Carmen Segarra, the New York Fed, and Goldman Sachs

By Elaine Magliaro

Last week, I read ProPublica’s story about Carmen Segarra, a bank examiner and whistle-blower who made secret recordings while she was working at the New York FED. 987 more words

United States

Financial regulation sounds a whole lot like high school

I finally got around to listening to This American Life’s radio piece about Carmen Segarra and her secret recordings while working for the Federal Reserve Bank of New York. 1,589 more words


President Obama a War Criminal? ** The White House Not Secure** Still Too Big To Fail

Kinda seems like the world is in complete chaos right now. Is there any where on earth where things are going well? From Russia and Ukraine, Syria/Iraq/ISIL, fence jumpers getting deep into the White  House and recently revealed from 2011 another intruder shot 11 bullets some going into the Presidential residence to banks that are still around, still too big to fail and still no investigation into exactly what happened in the crash and meltdown of 2008. 587 more words