Photo: State Idiot Asylum © SUNY.edu
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Larry Neumeister/AP: NY judge orders prison for former Refco CEO

NEW YORK - The former head of Refco Inc., blamed for the collapse of one of the world's largest commodities brokerages, was sentenced to 16 years in prison Thursday by a judge who decried the "staggeringly arrogant" greed of white collar criminals.

AFP: French prosecutors seek charges against rogue trader assistant

One of France's big three banks, Societe Generale shocked the financial world when it announced in January staggering losses of 4.9 billion euros at the hands of a rogue trader. .. The bank incurred the colossal losses when it was forced to unwind more than 50 billion euros of unauthorised deals Kerviel is said to have made.

Probably not what they meant when they sought "asylum". . .

promoted -- cho

Election Fraud in Pennsylvania?

(Image Source - Diebold Variations)

promoted for exposure - roxy
originally posted 2008-03-27 23:36:33 -1000

I have been following a very sad case of 9/11 fraud for several years now, never quite believing that the wheels of justice would ever turn. While I've had difficulty generating mainstream interest in this story, the person who perpetuated the fraud (Scott Shields) has caused irreparable damage to the typically unheralded heroes who are always there for us at devastating urban disasters .... such as that at Ground Zero following the infamous 9/11 attacks.

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 in a democracy. Can't have it, not allowed.

Attorney General Brown Shuts Down Mortgage Scam Artists
Yesterday, the Los Angeles Superior Court, at the request of the attorney general, froze all the companies’ real estate and bank accounts and enjoined them from engaging in further predatory practices. .. In the coming weeks, Brown intends to bring additional legal actions, both civil and criminal, against other mortgage lenders and foreclosure consultants who are taking advantage of homeowners across California.

[Also see: Marcia Coyle/NLJ: Subprime-Related Filings in Federal Court Increase Dramatically].