47 Articles

Tuesday, December 27, 2011
Fatal Flaws In The Lawsuit Against Fannie Mae Execs, Part 2
(5 comments) The SEC's definition of "Alt-A" may have problems passing a reality check.

Monday, December 19, 2011
Fatal Flaws In The Case Against Fannie Mae Execs, Part 1
The SEC hopes the District Court will ignore the fine print that exculpates the defendants

Wednesday, December 7, 2011
How The Prosecutor Who Charged Chris Matthews' Brother Abused Her Power
To bring a prosecution against Chris Matthews' brother, a Republican district attorney turned the grand jury process into a political sham.

Monday, December 5, 2011
ISDA's Lawyers Make Up "Facts" And "Law" To Overturn Limits On Speculators
Because they had had neither the facts nor the law on their side, lawyers for Wall Street trade groups made up stuff in their complaint to overturn new regulations on speculative position limits.

Monday, November 21, 2011
AIG's Former CEO Claims Discrimination For Being Shut Out of Wall Street's Affirmative Action Program
(1 comments) Hank Greenberg's travesty of corporate governance caused the demise of AIG. Now he claims that the government bailout is an unconstitutional act of discrimination, against him.

Wednesday, November 2, 2011
GOP Scheme For "Mortgage Finance Reform" Insulates Fraudsters From Accountability
Now that Wall Street's role in promoting mortagge fraud is finally coming to light, the GOP wants to impose obstacles to limit aggrieved investors from obtaining redress.

Tuesday, August 30, 2011
Pursuing The Rating Agencies: A Roadmap Through Three Big Falsehoods
A roadmap for prosecuting rating agency malfeasance.

Thursday, July 21, 2011
How Murdoch's Times of London and Fox News Coordinate Their Deceitful Reporting on Climate Change
(1 comments) How deceitful reporting within the Murdoch empire spreads and mutates like a virus.

Tuesday, June 28, 2011
Shale Gas Reserves May Be Way Overblown, Reports The NY Times, Which Awaits A Cogent Response
Estimates of shale gas reserves are based on data that is, to put it charitably, unreliable.

Monday, June 20, 2011
Goldman's Disinformation Campaign: Drilling Down Into The Documents
Goldman punked its media friends by contriving a bogus "discrepancy" in the numbers.

Tuesday, June 7, 2011
How Goldman Sachs Dissembled In The Wall Street Journal
(1 comments) Goldman distorts its record of market manipulations with misleading claims about "betting against the housing market."

Tuesday, April 19, 2011
Wall Street Journal Attacks Politifacts And Wins Pulitzer
(3 comments) Yesterday's Pulitzer prises were diminished by the award for editorial writing.

Saturday, February 5, 2011
FCIC Shows That Most Synthetic CDOs Were Designed To Fail
(1 comments) If you ever doubted that most toxic CDOs were designed to fail, an FCIC survey disabuses you of that illusion.

Friday, January 28, 2011
AIG Took Subordinated Pieces of CDOs It Insured
It seems that AIG wasn't telling the truth about its notorious CDOs.

Thursday, January 27, 2011
Why No Other Republican Would Sign On to Peter Wallison's FCIC "Report"
Even members of the GOP refuse to sign on to the crackpot report from the American Enterprise Institute.

Monday, January 24, 2011
Dirty Little Secrets About Goldman's Collateral Calls on AIG
There are a lot of layers of deception regarding Goldman's destruction of AIG. This is but one, heretofore undisclosed, layer.

Friday, January 14, 2011
How An FCIC Commissioner Fabricated a 25-Million Mortgage "Meltdown"
(2 comments) A sampling of the disinformation campaign to protect the enablers of financial fraud.

Wednesday, January 5, 2011
The Real Reason Fannie and Freddie Lost So Much Money
(2 comments) Fannie and Freddie lost money because they ignored the guidelines set by the Clinton Administration to avoid predatory loans.

Wednesday, December 8, 2010
How Fraudster Economists Assert That "Higher Taxes Won't Reduce the Deficit"
How the right wing perverts the history of tax cuts.

Thursday, December 2, 2010
The Fatal Flaws In The Case Against Maxine Waters
The case against Waters was never based on facts.

Friday, November 19, 2010
The Bush Tax Cuts and the Republican Cult of Affirmative Action
The GOP wants affirmative action for the rich.

Wednesday, November 10, 2010
The Bush Tax Cuts And The Republican Cult of Economic Failure
(2 comments) The evidence that Bush's tax cuts boosted economic growth and/or created jobs is nowhere to be found.

Friday, August 6, 2010
Financial Legislation Doesn't Mean Much If The Government Won't Aggressively Police Against Fraud
The financial crisis is easy to understand, once you realize that, under Bush and Greenspan, the government refused to enforce the law.

Tuesday, August 3, 2010
How The Charges Against Maxine Waters Were Fabricated Out of Next to Nothing
(2 comments) A little fact checking shows how the waters "scanda" is bereft of substance.

Thursday, July 29, 2010
Bret Baier's Half-Lie About Shirley Sherrod Caught On Tape
When confronted with its own dishonesty, Fox News responds with more deceptions and a defamatory smear.

Sunday, July 25, 2010
Goldman's Highly Suspicious Half Trillion Dollars With A Small Hedge Fund
Only a fool would assume that Goldman Sachs $590 billion trading volume a small hedge fund was innocent.

Wednesday, July 21, 2010
How Reporters Provide Cover For Darrell Issa's Lies On The Countrywide "Scandal"
Another phony right wing story that may be under your radar.

Thursday, July 15, 2010
Why Do The Rich Default on Their Mortgages? Because In California and Arizona, They Can
(2 comments) The media and politicians continue to ignore the real albatross on the economy, under water mortgages.

Tuesday, July 13, 2010
David Brooks' Big Wet Kiss To Hedge Fund Managers
Brooks offers a slick version of the Tea party message, which is to conflate the financial crisis with the Democrats' efforts at reform

Wednesday, March 31, 2010
Obama Debunks The Nonsensical "Drill Here, Drill Now, Pay Less"
(7 comments) Anyone who says that new offshore drilling will affect the price of oil doesn't know what he's talking about.

Thursday, March 4, 2010
Karl Rove's Perversions of History, And His Media Enablers
(10 comments) The claim that Bush believed that Iraq had WMD is an insult to our intelligence.

Monday, March 1, 2010
You Know Fox News Is Lying Whenever The Words "Global Warming" Are Uttered
(1 comments) It doesn't matter what the experts say. Fox will always twist their words to suit its agenda.

Friday, February 12, 2010
Suspicious Timing Surrounding The "De-risking" of AIG's Toxic Obligations
Maneuvers by the rating agencies and others to force the government into a backdoor bailout of AIG's banks, have escaped scrutiny. But they're at the center of the scandal.

Friday, January 29, 2010
Sham Transactions That Led to AIG's Downfall: The Ugly Truth Was Hiding In Plain Sight
(4 comments) The dirty little secrets in the deals that killed AIG.

Monday, January 25, 2010
How Paulson's People Colluded With Goldman to Destroy AIG And Get A Backdoor Bailout
(5 comments) An AIG bankruptcy would have wiped out Goldman and exposed the toxic assets that Goldman sold, under Hank Paulson's watch. Here's how Paulson's proxies concealed what was going on.

Monday, December 21, 2009
Holocaust Deniers, Global Warming Deniers, Chris Wallace: Any Difference?
(13 comments) Truth is very inconvenient for Fox News, which relentlessly distorts science for its own political agenda.

Tuesday, December 8, 2009
Fox News Embraces Cyber-Terrorism to Subvert the Copenhagen Summit
(6 comments) The real scandal about "Climate-Gate" is that the global warming deniers are encouraging dirty political tricks and passing off unfiltered information as journalistic "leaks."

Tuesday, December 1, 2009
Why Obama Won't Do What's Needed to Deal With the Mortgage Crisis
The problems are too big, and too interconnected, to be resolved on a scattershot basis in a dysfunctional marketplace. If the government wants the job done right, it must do the heavy lifting itself. But politically, it's much easier and safer to blame the banks, who won't do the job properly.

Friday, November 27, 2009
Rewriting History to Blame Tim Geithner: An Incomplete Story of the AIG Bailout
(2 comments) Placing the blame on Geithner for problems with the AIG bailout suits those who want to oversimplify the problem, and deflect away culpability from the Bush Administration.

Monday, November 16, 2009
The Moral Compass Missing From The Greatest Trade Ever
A hedge fund manager's scheme to make billions by getting his bankers to issue new securities that were designed to fail. How some on Wall Street got rich by giving irrational exuberance an extra jolt.

Tuesday, September 29, 2009
Wall Street Journal Reporter Conceals Facts About The Real Countrywide Mortgage Scandal
(2 comments) A birth certificate didn't stop the birthers from maligning Obama, and a full investigation that discredited a "scandal" doesn't stop The wall Street Journal from repeating right-wing smears against prominent Democrats.

Monday, September 21, 2009
Sean Hannity Steals From Hollywood In His Mockumentary, "The Valley Hope Forgot"
The California drought is Obama's fault, and climate change is nonexistent in Fox News' parallel universe.

Monday, September 14, 2009
Newsweek's Samuelson Cites Dodgy Numbers to Attack Health Care Reform
Robert Samuelson cites an insurance company study to 'prove' that Obama is less than honest.

Saturday, September 12, 2009
David Brooks' Lies on Healthcare Reform: An Incomplete List
Just because he's more subtle about how he maligns healthcare reform, does not mean that he's more honest.

Monday, August 31, 2009
Are Banks Too Big? Don't Count on Downsizing Anytime Soon
Are banks too big to fail? There are over 20 trillion-dollar banks around, and governments are disinclined to downsize them.

Thursday, August 20, 2009
Karl Rove's Non-Denials About the Siegelman Case Segue Into Lies in the Wall Street Journal
(11 comments) Karl Rove can't help himself. The more he talks the more he suggests that he's guilty as sin. His throw-crap-against-the-wall-and-hope-it-sticks piece in The Wall Street Journal constitutes his latest non-denial about corrupt dealings with the Justice Department.

Saturday, February 21, 2009
Time Rewrote History With "25 People to Blame for the Financial Crisis"
(7 comments) Much of Time's "25 People to Blame" is a sham. Instead of pinpointing culpability among the key players, it deflects blame away from Republicans and falsely implicates Democrats, to create a muddleheaded "plenty-of-blame-to-go-around" narrative.