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Many Lawmakers Personally Invested in JPMorgan Chase
Russ Choma OpenSecrets.org When Wall Street giant JPMorgan Chase announced this week that it had lost an estimated $2 billion (now upped to $3 billion) on risky trades, Republican and Democratic members of Congress rushed to make their political cases: … Continue reading
Posted in Economics, Headlines, Politics
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The Great Gibson Guitar Raid: Months Later, Still No Charges Filed
Anthony L. Fisher Reason TV “They…come in with weapons, they seized a half-million dollars worth of property, they shut our factory down, and they have not charged us with anything,” says Gibson Guitars CEO Henry Juszkiewicz, referring to the August … Continue reading
Posted in Headlines, Politics
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MF Global sold assets to Goldman before collapse: sources
Source: Reuters MF Global unloaded hundreds of millions of dollars’ worth of securities to Goldman Sachs in the days leading up to its collapse, according to two former MF Global employees with direct knowledge of the transactions. But it did … Continue reading
Posted in Headlines, Ponerology
Tagged amp, assets, bankruptcy, Chase, clearing, Collapse, Firm, global holdings, Goldman, Goldman Sachs, Holdings, holdings ltd, JPM, JPMorgan, jpmorgan chase, Knowledge, Ltd, mf global, MFGLQ, October, october 27, october 31, payment, Reuters, Sachs, sale, Source, transaction, Worth
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Wall Street Donated $41 Million to Supercommittee Members
Source: Truthout Wall Street has given $41 million in campaign contributions to the members of the Congressional “supercommittee” charged with finding $1.5 trillion worth of deficit reduction measures, according to a report released today by two watchdog groups. The finance, … Continue reading
Posted in Headlines, Ponerology
Tagged campaign, campaign contributions, committee, Congressional, deficit, deficit reduction, Donated, estate, finance, finance insurance, insurance, Joint, joint select committee, Million, real estate sector, reduction, report, sector, Select, Source, Supercommittee, today, Trillion, Wall Street, watchdog, watchdog groups, Worth
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