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LLOYD BLANKFEIN'S BIG HAIR
Saying that such-and-such is the greediest bank on Wall Street is like someone claiming to have the biggest hairdo in Dallas – the competition is fierce.
Goldman Sachs, however, is a... [read more]
WALL STREET STILL PLAYING TRICKS ON US
President Obama sees "glimmers of hope." The Federal Reserve chairman says he sees "green shoots" of progress.
They're not talking about the White House's new organic garden, but about the... [read more]
SILLY GAMES PLAYED BY WALL STREET CEOS
Wall Street honchos seem to be born with an extra gene called, "the finagler." Whenever they see profit figures, for example, they impulsively begin manipulating numbers to make their bank's performance look better than it... [read more]
Bank Profits, Banker Pay and Other Banker Tricks
I'd like nothing more than to give the bailout scandal a rest — but the bankers won't let me! They just keep coming at us with ever-more-clever inventions of greed and deceit.
Their latest bit of hocus-pocus, accompanied by big puffs of smoke, is a dazzling show of profits. Yes, Goldman Sachs, Citigroup, Bank of America, JPMorgan Chase and other financial giants that only yesterday were insolvent basket cases now report that — poof! — in the first quarter of this year, they magically produced blockbuster profits. Absolutely A-mazing!
TIME TO END A BANKER BOONDOGGLE THAT HURTS STUDENTS
What do you call it when arrogance, avarice, and absurdity combine? Well, one name for it would be "Sallie Mae."
Despite the sweet name, Sallie is not a person. It's... [read more]
MAKING A MOCKERY OF REPRESENTATIONAL DEMOCRACY
Would you like to get a 22 percent return on the money you invest? Wow, that would be awfully good in today's sorry market!
Well, how about a 2,200 percent return?... [read more]
SHOULD BANKSTERS GET A SPECIAL BREAK ON BAILOUT REPAYMENT?
I've got a sob story for you that I know will just break your heart. You might want to grab a couple of tissues. Ready?
It's about those bankers who took... [read more]
SUMMERS IS BAILING OUT HIS FINANCIAL CRONIES
Obama and his financial team keep telling us that their Wall Street bailout is all about Main Street – not about the financial elites.
I'm sure you're deeply honored to be... [read more]
JPMORGAN CREATES JOBS WITH BAILOUT MONEY
For us populist commentators, the Wall Street bailout is a gift that won't stop giving. I'd really like to give it a rest – but the bankers won't let me!
The... [read more]
By gollies, when the economic going gets tough for America's workaday people, you can always count on our tough-minded political leaders to get going! Get going, as in: rush like hell to find some gimmick to make it look like they're doing something without actually, you know, doing anything.





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DEATH, TAXES… AND DEBT COLLECTORS
These are hard times for debt collectors. After all, who can pay their bills these days? Not Wall Street, Detroit, millions of homeowners, the rising number of jobless folks – not even several states and... [read more]