09/07/2011

"Fraud As a Business Model"

There were many factors that contributed to our recent financial bubble: deregulation, cheap money from the Fed, failure to enforce remaining regulations, crony capitalism, hubris, speculation, leverage, and fraud among other problems.

08/18/2011

SEC accused of destroying files

SEC accused An employee at the Securities and Exchange Commission has accused the regulatory agency of destroying at least 9,000 documents relating to inquiries of Wall Street banks and hedge funds.of destroying files

08/16/2011

You are entering the Dodd-Frank dead zone

But the Dodd-Frank Act makes that an especially painful option to consider for midsize banks like First Horizon National Corp., USAA Federal Savings, Rabobank and New York Community Bancorp.