Last quarter, Republican front-runner Mitt Romney raised 18 million dollars for his campaign. Romney took in more than half a million dollars from registered lobbyists. One of Mitt Romney’s biggest fundraisers has been lobbying for a foreclosure firm while foreclosure fraud is still going on at an alarming rate. Some are suggesting that Goldman Sachs […]
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Did Mitt Romney say that corporations are people because he gets a lot of money from them through lobbying?
For example why would any sane person enjoy being ripped off on investments people put into derivatives sold, traded and by wall street brokers? http://video.pbs.org/video/1302794657/ My point is having regulations on derivaties to prevent and stop fraud is opposed by conservatives including both the republican and libertarian politicians – why is that? Could it be […]
We cannot shut our eyes to the fact that there are members in congress, large in number, and reckless and aggressive, who pulled off the biggest corporate heist in U.S. history. It appears beyond a reasonable doubt from the recent bailout package that Congress gave Bush and his cronies 700 billion of taxpayer wealth to […]
It’s not that the public union members get large pensions, it’s that the state invested their pensions in securitized mortgages on Wall Street. Then, the big banks and financiers engaged in criminal fraud and incompetence, and all that money evaporated. Now Conservatives, who are trying to prevent the regulation and prosecution of crime on Wall […]
Why do liberals like Obama say we need to invest in education when 80% of the budget goes to salaries?
80% of the typical school budget goes to salary, pension and health benefits for current and retired workers. How is paying bloated legacy costs considered an "investment"? If a Wall Street prospectus classified such expenses as "investment" the broker would be jailed for securities fraud. Are liberals so clueless as to what constitutes "investment" ? […]
Bank fraud, Ponzi schemes, Wall Street swindles, banks stocks dropping to practically nothing, paying for the sins of others wih another stimulous package so the whole thing doesn’t collapse all at once…. and how come Chris Dodd name seems to come up in a lot of these scandals?. Is it just me or are you […]
how can we collateralize and securitize our children and our grand children in order to bailout Wall Street?
how can we collateralize and securitize our children and our grand children in order to bailout Wall Street fraud and systemic government corruption?
I just heard that Acorns greed has something to do with what is going on with the stock market and the company bankruptcies. They said with Obama in office Acorn has milked decades of government subsidies to promote a welfare state and undermine the free market. Acorn has also been tied to illegal immigration and […]
Hello fellow people of the Yahoo community. I am faced with a dilemma. My son is 20, he’s on track after getting off track 3 years ago by dropping out and not doing anything but play sports. He’s planning to attend Baruch College in NYC and major in Finance and investments to be a stock […]
Is Wall Street stock trading Halal for Muslims or is it an evil thing like interests and gambling. because there are so much swindling, fraud and gambling involved.
I was wonder that I will get in trouble if I cover WALL with "Fraud" on WALL that could be "Fraud Street"….will I getting arrest for cover "WALL"? I am just very pissed off at Wall Street for begin with smile their faces with lot of money they made off us and dump us to […]
He’s good for the corporate oligarchy, and very bad for the working class. He’s bad for the environment. Just take a look at his failure to respond to The Deep Water rig gusher. He’s good for war and bad for world peace: -He’s increased and extended the wars, not ended them. He has already broken […]
If there are any economic experts out there, I have a question: How is the financial bailout not a bailout of Wall Street? Please correct me if my understanding of the situation is in error. Here is what I ‘think’ the deal is: In recent years, mortgages were allowed to be bundled based on risk […]
New Wall street terms New Wall street terms, arising from the financial meltdown: CEO- Chief embezzlement officer. CFO- Corporate fraud officer. Broker- What my broker has made me. Standard & poor- your life in a nutshell. Cash flow- The movement your money makes as it disappears down the toilet. Profit- an archaic woord no longer […]
NEW YORK (CNN) — Attorney General Andrew Cuomo announced Thursday he is looking into whether traders spread false information in an effort to drive down certain stock prices amid the recent turmoil on Wall Street. The state attorney general said his probe will focus on whether traders spread rumors about firms such as Lehman Brothers, […]
NEW YORK (Reuters) – Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a billion "Ponzi scheme" in what may rank among the biggest fraud cases ever. The former chairman of the Nasdaq Stock Market is best known as the founder of Bernard L. Madoff […]
Last Friday, all 41 Republicans in the Senate announced that they would stand with the big banks to oppose Wall Street reform legislation. To me, that’s a smack in the face of every American who has been affected by all the fraud perpetrated on us. When you stand with special interests and then threaten to […]
Ex-Nasdaq chairman and wall-street broker Bernard L. Madoff has been arrested on Billion fraud charge. This was apparently a ponzi type scheme and could be one of the biggest scams in history. Remind me again why "we the people" are bailing out wall-street!?!?!?Why the hell do we all put up with this?!?!?
This subject has not gotten much media attention recently. I do remember President Bush, and John McCain among others discuss this issue. I believe this issue is important because it is the very source of the economic crisis we face today. The President is just one man. I don’t think it is fair to put […]
The looting of Wall Street almost seemed like the Bush Administration welcomed it with open arms, knowing America wouldn’t see what was going on as the lotting of Wall Street wasn’t being televised. NY Times: At the S.E.C., agency investigations that led to Justice Department prosecutions for securities fraud dropped from 69 in 2000 to […]
Just read Democrats will be targeting GOP candidates because of President Bush’s veto on child healthcare bill. If they do this, isn’t this stupid? Could this be a trap? Imagine everyone going after the candidates_some of whom might even be against Bush on this themselves_to the point of making people sick of hearing about it. […]