Former financial regulator Bill Black says 863-page Volcker rule will allow banks to continue their risky financial derivative bets by claiming speculation is mere hedging.
The DOJ gives up the ability to prosecute JP Morgan The settlement between JPMorgan Chase and the Justice Department has been reported at $13 billion, for charges that Chase sold toxic mortgage-backed securities that fueled the financial crisis of 2008. The reported $13 billion amount is a misrepresentation of the actual figure by the Justice…
Thousands of appraisers warned Washington regulators of fraud during the seven years leading up to the housing crash
Shir Hever: Fischer steps down as head of Israel’s central bank, known for pushing economic “reforms” that led to greater inequality; before this working for IMF, he helped develop privatization in Russia