Archive for the 'fraud' Category

McClatchy Busts Goldman on Double Dealing

November 1, 2009

Today, McClatchy Newspapers added the how to the what Goldman did in its investment banking business.   Right after the 2008 election, Pro Publica broke a story about Goldman urging key clients to dump California bonds after Goldman had a big pay day from the state to sell the bonds in the first place:
“Goldman, Sachs & [...]

Too Little Too Late? The Money Party In Action

February 19, 2009

Too Little Too Late?

The Money Party at Work

By Michael Collins
Wash. DC, Feb. 19 — President Obama announced a $75 billion assistance package to address home foreclosures yesterday.  He also promised a $200 billion infusion into Freddie Mac and Fannie Mae, the nation’s underlying lenders.  That’s exactly $275 billion more dollars than the previous administration [...]

M. Collins: “Us versus Them” The Money Party (5)

March 26, 2008

M.Collins: The Money Party (5)
“Us versus Them”
Michael Collins
“Scoop” Independent News
Washington, D.C.
We have been warned again and again that seeing the world as an “us versus them” proposition is a fatal error. It’s polarizing. It leads to “class warfare.” It absolves “us” of the collective responsibility we all have [...]