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Tag: Too Big To Jail


Credit Suisse Pleads Guilty on U.S. Felony Charge, Gets $2.6 Billion Fine

Credit Suisse pleaded guilty and was fined $2.6 billion for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on U.S. criminal charges.

Posted on May 20, 2014 READ MORE



Composite image: Handout / Mary Altaffer, AP

Truthdigger of the Week: Judge Jed Rakoff

In The New York Review of Books last week, Judge Jed Rakoff stepped off the judicial bench and blamed the Justice Department for enabling “too big to jail” banks.

Posted on Dec 22, 2013 READ MORE



WarmSleepy (CC BY 2.0)

Not Too Big to Jail: Eliot Spitzer Is Wall Street’s Worst Nightmare

Before his infamous resignation as governor of New York in March 2008, Eliot Spitzer was one of our fiercest champions against Wall Street corruption in a state that had some of the toughest legislation for controlling the banks—and by extension, an advocate for women.

Posted on Aug 19, 2013 READ MORE


Watch: Sen. Warren Grills Jack Lew on Too Big to Fail Banks

At a Senate Banking Committee hearing Tuesday, the Massachusetts senator got the best of the Treasury secretary as she pressed him on whether the government should cap the size of big banks or break them up.

Posted on May 22, 2013 READ MORE



AP/Rich Pedroncelli

Sanders, Sherman Introduce Legislation to Break Up ‘Too Big to Fail’ Banks

Wall Street sees no need for more regulations of course, but unfortunately for Main Street Americans still reeling from the last financial crisis, President Obama may turn out to be the banking industry’s biggest ally.

Posted on Apr 10, 2013 READ MORE


Time to Break Up the Big Banks, Sen. Sanders Says

Expressing concerns that “too big too fail” banks have also become “too big to jail,” Sen. Bernie Sanders, I-Vt., said Wednesday that he will introduce legislation to break up the nation’s biggest financial institutions.

Posted on Mar 28, 2013 READ MORE


Eric Holder

Holder on Prosecuting Big Banks, Nation’s Strictest Abortion Ban Enacted, and More

A look at the day’s political happenings, including the House votes to avoid a government shutdown and Gabrielle Giffords makes a plea for gun control at the place where she was shot two years ago.

Posted on Mar 6, 2013 READ MORE


Sheriff Elizabeth Warren

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Posted on Feb 17, 2013 READ MORE


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