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Daily Archive for March 12th, 2009

Disappointed

Maybe this guy thought he was going to get some real change.

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Investigators are still undertaking the daunting task of unraveling how he pulled off the fraud for decades without being caught. Read the rest.

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More Wild Banking Deregulation

And let’s guess which Administration allowed this to happen: Pass a law that allows out-of-state bank holding companies to acquire banks in any state Pass a law allowing banks to branch across state lines, and legally allow them to consolidate holding companies into one (in order to save on legal and regulatory costs) Allows individual […]

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