May
2013

Big Banks Rigging The System, Again

[DealBook] Under pressure from Wall Street lobbyists, federal regulators have agreed to soften a rule intended to rein in the banking industry’s domination of a risky market.
Posted by Editor on 05/17/13  •  (0) Comments

Prison profits skyrocket on promises of “growing offender population”

Private prison operators are enthusiastic about the prospects of high incarceration rates for business.

Justifying the CEO-Worker Pay Gap

The CEO-Worker pay gap has exploded since early 60's. Derek Thompson of the Atlantic explains why.

Why top bankers can’t get by on $1million

Cost-of-living is a real bitch: Sarah Butcher reveals how top executives at banks on Wall Street and in the UK are having a very hard time living on $1 million per year.

Virginia Gov. Bob McDonnell Under Investigation For Fraud

The FBI is investigating Virginia Gov. Bob McDonnell (R) and his cozy relationship with the CEO of a nutritional supplements manufacturer.

Pat Riley’s $16.8 Million, Ocean-Front Tear Down

The former ocean-front home of retired NBA coach and legend, Pat Riley, was purchased by an unknown buyer in March for $16.8 million. The buyer purchased the estate for the land and has already submitted a proposal to the city of Miami to completely raze the existing property.

STOP THE KOCH BROTHERS

The bankrupt Tribune Company is selling its daily newspapers, including the Chicago Tribune and the Los Angeles Times. Charles and David Koch — billionaire brothers notorious for their extreme politics — may be the buyers.

Wall Street Betting Big On Single-Family Homes

Crooks on Wall Street are now betting massive sums of money on the housing market purchasing distressed homes at the expense of ordinary Americans searching for their dream homes.

CEO Pay Surges As Economy Recovers

CEO pay has hit an all-time high. It now surpasses 300 times the pay of the average worker.

Wealthy Canadians Fess Up After Names Appear On Tax-Haven Lists

[Canadian Press] Wealthy Canadians with money stashed overseas have come forward in droves to confess their misdeeds after secret lists began circulating with the names of people apparently evading taxes in foreign banking havens.

Math Problem: Corporate Tax Loopholes

A plethora of corporate tax loopholes allow companies like BP to evade taxes ... and get refunds on their profits.

Casey Kasem’s $42 Million Mansion

Casey Kasem Puts $42M Price Tag On Holmby Hills Estate with Heart-Shaped Pool.

ONE Wins Campaign Against Corruption In Europe

[ONE] After months of our hard campaigning, last night European leaders reached a deal that requires oil, gas, mining, and logging companies to publish the payments they make to governments.

Sen. Roy Blunt: Monsanto’s Paid Shill

Missouri Senator Roy Blunt is the epitome of the pay-to-play political system we like to call "democracy".

Google Pays Executive $100 Million To Stay At Google

When Google learned that Twitter was wooing their star executive in charge of

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Exxon’s Arkansas spill kills ducks, avoids paying for cleanup

April 2013 - Due to a descriptive technicality in Arkansas law, Exxon will not

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IMF chief’s home searched in $400 million scandal

French Investigators search home of IMF chief Christine Lagarde in probe of her

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Citigroup lawsuit results in $730M settlement

Citigroup agrees to pay investors a $730 million settlement resulting from a

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Billionaires Assault On Education Reform

Valerie Strauss responds to an article written by education historian Diane

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Feds Raid Scooter Store Investigating $100M Medicare Fraud

150 FBI agents raided the headquarters of America's premier supplier of mobility

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Max Factor Heir’s Prison Sentence Rescinded

A decade after Max Factor heir, Andrew Luster, was sent to prison for 124 years

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Jesse Jackson Jr. Booty To Be Auctioned

The items that Jesse Jackson Jr. and his wife purchased illegally with campaign

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Corporations Lobby To Pay Even Less In Taxes

Despite massive profits, many of America's biggest corporations are clamoring

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Because nothing says “rich prick” like a $4 million car

For it's 50th anniversary, Lamborghini plans to unveil its latest super car,

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FX Community Outraged At Oscar Snub

The visual effects community sees red in the wake of Oscar protest and on-air

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The Ultra-Rich Do Not Create Jobs

Lita Kurth exposes the fallacy of the billionaire job creator.

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Jesse Jackson Jr. Charged With Conspiracy, Fraud

Former Rep. Jesse L. Jackson Jr. of Illinois has been charged with spending

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Senators Frisk Jack Lew On His Caymans Investments

Dana Milbank questions the ludicrous double standard within the Obama

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4 of 7 Most Recent Illinois Governors Imprisoned

Of Illinois' last seven governors, four have ended up going to prison.

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Vile Quotes

"I'm not an angel but I'm not a crook. I have not done anything that any other public official hasn't done."
Jimmy Dimora

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Vile Comments

I seriously doubt that if Michaele was indeed a socialite she’d be employed as a
receptionist, department store clerk or makeup artist… Paris Hilton she is not….
These two are posers who don’t pay their bills and are taking this reality/celebrity train
for all its worth…They are both idiots.

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