Why Isn’t The Detroit Emergency Financial Manager Fighting The Banks Like This Alabama County? JPMorgan Chase agreed to forgive $842 million of debt owed by Jefferson County, Alabama. The new agreement follows a $722 million settlement in 2009 with the U.S. SEC related to the Jefferson County financing. So why isn’t the Detroit Emergency Financial […]
Organized Crime Has Become the Bankers’ Best Friend Rowan Bosworth-Davies wrote a great piece on his Rowans Blog site about how organized crime has become the banker’s best friend. At a time of significant financial crisis, banks are always looking for ways to maintain their profit margins and encourage inward deposit-taking. Despite stringent anti-money laundering laws, […]
Detroit’s Emergency Financial Manager’s Employment Contract May Be Invalid If Andy Dillon Was Drunk When He Signed It Steve Neavling at the Motor City Muckraker reported yesterday that Michigan Treasurer and former Speaker of the Michigan House, Andy Dillon had checked into a treatment center on the outskirts of the Detroit suburbs to seek treatment […]
T. Boone Pickens Tries To Stop Publication Of Son’s Tell-All Book About Abuse And Whippings Teri Buhl, TeriBuhl.com Texas oil millionaire T. Boone Pickens is trying to use the Dallas state courts to squash his son’s first amendment rights after Mike Pickens wrote a tell-all blog about the famed hedge […]
Former British Drug Czar Said Cocaine Created the Financial Crisis By Creating An Atmosphere Of Excitement And Drive The former “Drug Czar” for the British government is claiming that the financial crisis was clearly caused by bankers over indulging in cocaine. Professor David Nutt, a psychiatrist and neuropsychopharmacologist specializing in the research of drugs that affect the brain and conditions such […]
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