Trump University Graduation

Mike Luckovich / Truthdig Jun 3, 2016 Dig deeper

VIDEO: Mitt Romney Denounces Donald Trump as a ‘Fraud’; Trump Immediately Fires Back

By Alexandra Rosenmann / AlterNet Mar 4, 2016 "Donald Trump says he is very very smart. I'm afraid to say that he is very very not smart." Dig deeper ( 2 Min. Read )

The Problem With Markets: A Holiday Tale

Staff / Truthdig Dec 27, 2015 “Like all human institutions, markets have strengths and weaknesses,” writes economist Richard Wolff. Exalting them as if they were some ideal mechanism for distributing resources "should be rejected as the self-serving tool of societies' richest operated at the expense of everyone else.” Dig deeper ( 2 Min. Read )

VIDEO: ‘Pharma Bro’ and Hedge Fund Profiteer Martin Shkreli Arrested in Fraud Case

Staff / Truthdig Dec 18, 2015 The 32-year-old Turing Pharmaceuticals CEO and Wall Street player became a source of schadenfreude on a mass scale Thursday with the news that he had been arrested for securities fraud. Dig deeper ( 3 Min. Read )

NYC Restaurant Per Se Settles Complaint That It Stiffed Waiters

Alexander Reed Kelly / Truthdig Jul 3, 2015 One of New York City’s most expensive restaurants has agreed to pay $500,000 to settle a complaint that it funneled tip money intended for its servers back to the restaurant. Dig deeper ( 1 Min. Read )

Five Big Banks Pleading Guilty to Felony Charges Will Continue Business as Usual

Alexander Reed Kelly / Truthdig May 14, 2015 “For most people, pleading guilty to a felony means they will very likely land in prison, lose their job and forfeit their right to vote,” writes Dealbook at The New York Times. Dig deeper ( 2 Min. Read )

Pro-Troop Charity Misleads Donors While Lining Political Consultants’ Pockets

Staff / Truthdig Aug 6, 2014 Move America Forward has collected millions to send care packages to U.S. troops. But its appeals often rely on images and stories borrowed without permission, and its assets have been used to benefit political consulting firms and PACs. Dig deeper ( 15 Min. Read )

Big Banks Hit With Monster $250 Billion Lawsuit in Housing Crisis

By Ellen Brown, Web of Debt Jul 17, 2014 In June, investors led by the world’s largest asset manager and the world’s largest bond-fund manager sued some of the world’s largest banks for breach of fiduciary duty as trustees of their investment funds. The investors are seeking damages for the equivalent of 1 million homeowners with $250,000 in damages suing at one time. Dig deeper ( 6 Min. Read )

T-Mobile Slapped With FTC Lawsuit for Phony Charges

Staff / Truthdig Jul 2, 2014 Some T-Mobile customers have paid extra fees for text-based services they didn't agree to include in their cellphone charges, and now the Federal Trade Commission is on the mobile giant's case with an inquiry and a lawsuit. Dig deeper ( 2 Min. Read )

The Global Banking Game Is Rigged, and the FDIC Is Suing

By Ellen Brown, Web of Debt Apr 13, 2014 Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps. And the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. Dig deeper ( 7 Min. Read )

Judge Blasts Feds for Failure to Go After Wall Street Fraudsters

BLANK Dec 17, 2013 A federal judge and former Wall Street fraud prosecutor asks why no Wall Street bankers went to jail in the aftermath of the financial collapse that led to the Great Recession. Good question. Then he goes on to answer it. Dig deeper ( 4 Min. Read )

Iceland Sends Four Bank Bosses to the Slammer

Staff / Truthdig Dec 13, 2013 The onetime CEO of Iceland’s Kaupthing Bank, one Hreidar Mar Sigurdsson, is going to jail for five and a half years for his part in his firm's downfall -- which also helped his country’s economy bottom out in 2008. He’ll be in good company. Dig deeper ( 2 Min. Read )