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Octafish

(55,745 posts)
Sun Feb 2, 2014, 11:25 AM Feb 2014

Glen Ford: Wall Street and the wealthiest Americans have bought Washington...

...and Main Street and the rest of the country are suffering for it. That's not just Glen Ford -- it's what William K. Black, the forensic economist who helped prosecute the Savings & Loan crooks, sees.



Jamie Dimon’s $10 Million Raise is a “Common Sense” Fraud Reward

Posted on February 1, 2014 by Devin Smith | 2 Comments
By William K. Black

Andrew Ross Sorkin (and his “Deal Book” team at the New York Times) seemed to have built an insurmountable lead in the race to be declared the most unctuous panderer to the financial plutocrats who grew wealthy by leading the frauds that blew up our economy. As I wrote recently, Politico became my instant dark horse candidate for the Street’s sycophant-in-chief with Ben White’s fantasy that “In 2009, Washington went to war against big Wall Street banks.” I noted that the “war” consisted of the Treasury and the Fed dumping trillions of dollars on the biggest Wall Street banks and evoked Tevye in Fiddler on the Roof: “May the Lord smite me with (such a “war”). And may I never recover!”

CONTINUED...

http://neweconomicperspectives.org/2014/02/jamie-dimons-10-million-raise-common-sense-fraud-reward.html#more-7552



Which makes me wonder why people would attack Black Agenda Report for pointing out the problem, woo me with science. Why they don't want you and all DUers to learn the facts reveals them to be most un-democratic.
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