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Open thread for night owls: Wall Street Still A Nest Of Criminality

At the Campaign for America's Future, Richard (RJ) Eskow writes Incredibly Guilty: Despite Lowenstein's Defense, Wall Street's Still A Nest Of Criminality: In a piece called "Wall Street: Not Guilty," financial columnist Roger Lowenstein attempts to defend Wall Street against allegations that it's a viper's nest of rampant criminality. His mischaracterization, mockery, and vague suggestions of McCarthyism are strident, flat, and fail to get the job done.
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Open thread for night owls: Big as it is, BofA settlement shows banks never pay for financial crimes

US Politics / Liberal : Daily Kos (4 months ago)

Jon Queally at Common Dreams writes Bank of America Settlement Only Proves Invincibility of Wall Street: It's not nothing, say critics, but the U.S. government's announced $16.65 billion settlement with Bank of America announced on ... Read Post

Open thread for night owls: Big fines, little enforcement for financial crooks

US Politics / Liberal : Daily Kos (3 months ago)

Joe Pinsker at The Atlantic writes Financial Criminals Have Been Fined Billions, but They Rarely Pay: On a plane earlier this week, I watched The Wolf of Wall Street. The film’s outsized antics—public masturbation, the tossing of li... Read Post

Richard (RJ) Eskow: Incredibly Guilty: Despite the Lowenstein Apologia, Wall Street's Still a Nest of Criminality

Industries / Media : Huffington Post: Media Blog (4 years ago)

In a piece called "Not Guilty," financial columnist Roger Lowenstein attempts to defend Wall Street against allegations of widespread criminality. His mischaracterization, mockery, and vague... Read Post


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