Matt Stoller interviews Neil Barofsky, who says he’d be happy to serve as chairman of the SEC, if the President nominates him. He and Stoller talk about what he would do as SEC Chair and the important role the SEC has to play to regulate the banking system and make sure we don’t ever go [...]
Entries Tagged as 'Rule of Law'
December 6th, 2012 · Comments Off
November 2nd, 2012 · Comments Off
I can’t decide if this is hilarious or terrifying. The punchlines come in at around 4:30. By WeAreChange.org.
October 24th, 2012 · Comments Off
Conor Friedersdorf of The Atlantic on Robert Gibbs’ defense of the unjustifiable killing of a teenage American citizen by a drone strike. note that this kid wasn’t killed in the same drone strike as his father. He was hit by a drone strike elsewhere, and by the time he was killed, his father had already [...]
October 10th, 2012 · Comments Off
Glenn Greenwald reports that the US Supreme Court has declined to hear a lawsuit by the EFF and ACLU that sought to overturn the FISA Re-authorization wherein Congress (including Senator Obama) granted US telecoms companies retroactive immunity for assisting the Bush administration wiretap US citizens without warrant. Greenwald has been writing on this issue since [...]
October 9th, 2012 · Comments Off
This is a funny, hard hitting ad by the Obama campaign on what may have been the biggest mistake Mitt Romney made in last week’s debate. Except David Dayen notes that the OFA ad has a bit of a problem with who it puts up as Wall Street criminals: Let’s look at that litany of [...]
October 2nd, 2012 · Comments Off
Yesterday New York Attorney General Eric Schneiderman filed suit against JP Morgan Chase for the actions of Bear Stearns (which it acquired in 2008) surrounding the issuance of $87 billion in residential mortgage backed securities. Though Schneiderman is a co-chair of the RMBS task force working group, which includes the Department of Justice and the [...]
August 16th, 2012 · Comments Off
The whole piece is worth a read, but the key part is this: Holder’s non-decision on Goldman is more than unsurprising. It amounts to an official announcement that the government is no longer in the business or prosecuting smart criminals. It’s pathetic. The one thing you pay any lawyer to have is balls, and our [...]
August 6th, 2012 · Comments Off
Jason Farago: When we said we wanted to see the bankers in the clink, this is not what we meant.
August 1st, 2012 · Comments Off
Yves Smith and David Dayen have good takes on the SEC’s failed criminal prosecution of Brian Stoker, a former Citibank executive who was caught dead to rights for misleading investors on a CDO offering. David fears the outcome will be even less (hardly possible!) criminal prosecutions from the SEC: Sadly, if the SEC can’t secure [...]
July 24th, 2012 · Comments Off
Via John Aravosis, Roger Simon has a good column on the coming inaction in response to the Aurora shooting by President Obama. Simon writes: Barack Obama looked haggard, spent, drained. He had just met with survivors and the families who lost loved ones in the Aurora, Colo., shootings. Now, in front of the cameras and [...]