Tracy Bloom / TruthdigNov 26, 2012
A group of corporate CEOs that contributed to the burgeoning deficit crisis want the poor and elderly to largely pay for the mess the greedy Wall Street fat cats helped create. Dig deeper ( 2 Min. Read )
Tracy Bloom / TruthdigAug 13, 2012
Credit card companies are increasingly turning to the legal system in their rush to collect money that is owed to them. But, there now exists a very big problem in this litigious-happy practice -- nearly all these lawsuits may be flawed. Dig deeper ( 2 Min. Read )
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Tracy Bloom / TruthdigJul 28, 2012
A look at the day's political happenings, including how Romney could come to the aid of so-called banksters, and John Boehner gives his VP pick. Dig deeper ( 2 Min. Read )
Tracy Bloom / TruthdigJul 23, 2012
The financial meltdown and subsequent bailout have dampened Americans' faith in government and stirred widespread outrage. Neil Barofsky, who once served as special inspector general in charge of oversight of the Troubled Asset Relief Program, says that anger may point the way toward reform. Dig deeper ( 1 Min. Read )
Alexander Reed Kelly / TruthdigJul 21, 2012
Traditional investigations by regulators of all the suspect hanky-panky in the banking industry have produced nothing in the way of fundamental reform and protected the worst repeat offenders. So why not bribe big bankers to turn one another in? Dig deeper ( 1 Min. Read )
Tracy Bloom / TruthdigJul 14, 2012
The Federal Reserve and the U.S. government knew back in 2008 that Barclays was filing false reports about Libor, the interest rate that international banks charge one another for short-term loans, according to documents released Friday. Dig deeper ( 1 Min. Read )
Staff / TruthdigSep 12, 2011
Bank of America has confirmed a plan to eliminate 30,000 jobs "over the next few years," 10,000 fewer than what The Wall Street Journal reported Friday. The layoffs will amount to about 10 percent of the bank's workforce. Update (more) Dig deeper ( 1 Min. Read )
Staff / TruthdigAug 22, 2011
Essayist, Yale English professor and TomDispatch contributor David Bromwich takes a careful accounting of the "sacked" and "saved" members of the Obama administration in an attempt to reveal the similarities between his presidency and George W. Bush's. (more) Dig deeper ( 2 Min. Read )
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