the best way to rob a bank is to own one

Bill Black: A “Jihadist” Against the Banks?

December 15, 2015

While assisting the prosecution of JPMorgan and Countrywide in Florida by the Department of Justice, TRNN regular Bill Black was dismissed from the case by the assistant US Attorney, who described him as a “Jihadist”

JP Morgan Will Not Be Criminally Prosecuted for Its Role in Madoff’s Ponzi Scheme

January 7, 2014

JP Morgan served as the principal bank for Bernie Madoff, causing losses of $20 billion, yet they will pay only $2.6 billion in settlement charges

NY Federal Reserve Examiner Fired After Submitting Critical Report of Goldman Sachs

October 16, 2013
Superiors told Carmen Segarra to change her report. When she refused, they fired her.

Why Larry Summers Track Record of Failure Actually Helps His Fed Nomination

September 5, 2013

Bill Black: Larry Summers theory of finance: banks are too brilliant to fail and regulators are idiots.

Wall Street Journal Considers Zero Prosecutions of Banks Excessive

August 29, 2013

The department of Justice claims they are cracking down on bank fraud but they are mostly imposing fines and targeting small fish

Bank of America Escapes Criminal Charges for Securities Fraud

August 8, 2013

Bill Black: Bank of America facing civil charges but BOA and other major financial fraudsters off the hook from criminal charges

Revealed: Banks Rewarded and Blacklisted Appraisers to Artificially Inflate Real Estate Prices

July 11, 2013

Thousands of appraisers warned Washington regulators of fraud during the seven years leading up to the housing crash

Caught On Tape: Irish Bankers Laugh About Never Repaying Bailout

July 3, 2013

Bill Black: Tapes reveal Anglo Irish Bank executives laughed as they manipulated Irish Government into 16 billion dollar bailout the knew they would never repay

Former Top Regulators Tell Congress to Rein in Big Banks

June 27, 2013

Three former financial regulators testify to the House Financial Services Committee in support of reinstating Glass-Steagall legislation and addressing Too Big to Fail Banks.

Ex-Employees Say Bank of America Rewarded Fraudulent Foreclosures

June 20, 2013

Bill Black: Bank of America and other financial giants undeterred by Obama Admins weak oversight and enforcement of industry