Courts Helping Banks Screw Over Homeowners
The foreclosure lawyers down in Jacksonville had warned me, but I was skeptical. They told me the state of Florida had created a special super-high-speed housing court with a specific mandate to rubber-stamp the legally dicey foreclosures by corporate mortgage pushers like Deutsche Bank and JP Morgan Chase. This “rocket docket,” as it is called in town, is presided over by retired judges who seem to have no clue about the insanely complex financial instruments they are ruling on — securitized mortgages and laby rinthine derivative deals of a type that didn’t even exist when most of them were active members of the bench.
Tea and Crackers
How corporate interests and Republican insiders built the Tea Party monster
Wall Street’s Bailout Hustle
Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy — they’re re-creating the conditions for another crash
Sarah Palin, WWE Star
Obama knows the long odds against a right-wing populist winning the presidency, no matter how good she looks in a skirt or running clothes, brandishing a gun. He shouldn’t be too cocky, however, because the death of the center is ultimately a problem for him and the whole country.
Wall Street’s Naked Swindle
A scheme to flood the market with counterfeit stocks helped kill Bear Stearns and Lehman Brothers — and the feds have yet to bust the culprits
Sick and Wrong
How Washington is screwing up health care reform — and why it may take a revolt to fix it
The Great American Bubble Machine
From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression — and they’re about to do it again