Punishment far too lenient for the fail to regulate Bernie Madoff

Bernie Madoff ripped off people to the tune of billions, and the regulator on watch lost their job and several others got a wrist slap. Is that right? How about dismissing all and canceling their retirement...

They have a hold on you

You can’t trust the communications jockeys I don’t care if it’s Verizon or Comcast or AT&T or Sprint or who cares else, the people that manipulate our limited and restricted access to communications...

Probing Golden West

"NEW YORK (AP) - The Department of Justice is investigating the mortgage lending practices of Golden West Financial Corp., the savings and loan bought by Wachovia Corp. for $24 billion at the height of the housing boom in 2006.U.S. Attorney Joseph Russoniello told The...

Regulators nix credit card debt forgiveness plan

Personal responsibility is still a pillar of Conservatism, believe it or not. So, they forgive the mortgage companies, AIG, all the Big Banks, hedge funds, Ford, GMC, and Chevy, but not the college girl with her...

Throttled Bell Competitors Still Waiting On CRTC Ruling - October comes and g...

"Earlier this year, Bell Canada began throttling the traffic of wholesale competitors before delivering it to them, and without telling them. While Bell claimed the move was to handle congestion, follow up...

Banks are the new Hunts: highly bullish short position for silver! « Peter J...

"Silver investors owe a serious debt of gratitude to Theodore Butler for alerting the US regulators to the manipulation of the silver market in August by two major banks in one of the most blatant actions since the days of the Hunt Brothers in the 1970s. "

Chinese Threaten to Cripple US Banking System

Anyone who has been paying attention to the US economy has known that 3 countries control the fate the American financial system:  Russia, China and Saudi Arabia.  They have been bankrolling America's...

Update: Stock Market Tanking? Don't Blame Regulators!

Stocks, bonds, derivatives, marginal trading, hedge funds. Personally, I've just about had it! It is a given that the stock market and investment banking, when mentioned and discussed, causes many people's eyes...

Lou Dobbs: The War On The Middle Class

"Lou Dobbs: The War On The Middle Class By: Nicole Belle on Wednesday, January 23rd, 2008 at 10:33 AM - PST    Download | Play  Download | Play (h/t Heather) Lou Dobbs looks at how the...

U.S. regulators seize two more banks, engineer sale

While these two banks are small players, the fact that their are 90 institutions on the list that the FDIC examiners monitor. It would be great to have some good news one of these days. " U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank,...

Fish pedicures, the new way of getting nice feet.

Quoting Tracy Roberts: "the best pedicure I ever had." Interesting. I think this place in northern Virginia is the only store that practices this carp eating dead skin pedicure. If anyone has bad feet or just want...

Anxious customers line up at IndyMac to withdraw money

Worried customers lined up outside IndyMac to withdraw their money this morning.  IndyMac was seized by federal investigators on Friday.  The Federal Deposit Insurance Corp automatically insures...

An Imminent Victory for ‘Net Neutrality’ Advocates

"An Imminent Victory for ‘Net Neutrality’ Advocates By Vindu Goel When Comcast admitted last fall that it was blocking — or slowing down, as the company preferred to call it — certain file transfers by customers, a lot of people complained that the company...

IndyMac Fails, Seized by U.S. Regulators

IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left the California mortgage lender short on cash. "FDIC Establishes IndyMac Federal...

Mass. regulators file fraud charges against UBS

"Massachusetts regulators filed civil fraud charges Thursday against UBS Financial Services for allegedly selling investments it knew were extremely risky, but portrayed as safe. The complaint by the...

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