by Yves Smith, Naked Capitalism I’m not looking forward to months of pre-election image-burnishing fabrication. The nausea-inducing offering of the day, The Man the Banks Fear Most from the American Prospect, gives us an idea of what we have in store.… more »

Striking a vital blow against accountability, Attorney General Peter Kilmartin endorsed the “50-state” settlement on foreclosure fraud yesterday, led by the Iowa Attorney General, Tom Miller. The settlement essentially allows banks to skip away from the… more »

by William K. Black, New Economic PerspectivesPresident Obama Negotiates our Formal Surrender to Crony Capitalism – and the Nation Yawns On December 13, 2011, the Wall Street Journal published an article entitled “Banks in Push for Pact.” It was an… more »