As the billionaires' firms plan a new entity to tackle the high costs of medical services, they should study the government program as an effective design.
"I can think of no matter of 'intense public interest' about which 'the American people deserve the details' than the issue of what precisely happened to the criminal referrals that followed the 2008 crash."
One of the Obama administration’s “signature efforts to help homeowners” has “allowed big banks to run roughshod over borrowers again and again,” reports The New York Times.
“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.
To grasp the dangers that the Big Six banks presently pose to the financial stability of our nation and the world, you need to understand their history in Washington, starting with the Clinton years of the 1990s.
The battle over California's limited water supply is pitting the people against the new "water barons" -- Goldman Sachs, JPMorgan Chase, Monsanto and their ilk -- who are buying up water all over the world at an unprecedented pace.
J.P. Morgan was recently socked in the wallet by financial regulators who levied yet another multibillion-dollar fine against the Wall Street baron for massive illegalities.
The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and depositors and taxpayers could be liable, following repeal of key portions of the Dodd-Frank Act signed into law on December 16th.
The Justice Department might have talked a good game about punishing major banks like JPMorgan Chase, Bank of America and Goldman Sachs for their...