Wall Street

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Could they be running out of ideas? DC Comics is adding the "99 Percent" to a stable of classic superheores that includes Superman, Batman and Wonderwoman. The new comic book series showcases class struggle, a few alien interlopers and populist protagonists, described as "the super-powered disenfranchised, now the voice of the people!" They're out to share the ...

Timothy Geithner Saved Wall Street, Not the Economy

The accolades for Timothy Geithner came on so thick and heavy in the last week that it’s necessary for those of us in the reality-based community to bring the discussion back to earth. The basic facts of the matter are very straightforward. Timothy Geithner and the bailout he helped engineer saved the Wall Street banks. [...]

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The Untouchables

FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages. Watch The Untouchables on PBS. See more from FRONTLINE. Or Download Related PostsThe Black Book Volume III – Galts Ark Vol 01 & Vol 2 Solipsistic Nation: Spiritech Records TV station hacker warns of zombies in [...]

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Behind the Scenes of ’99 Percent: The Occupy Wall Street Collaborative Film’

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How the Sundance-approved documentary struggled against its own inspiration Audrey Ewell and Aaron Aites, the team behind 99 Percent: The Occupy Wall Street Collaborative Film, initially attempted to adopt a filmmaking model as decentralized as the Occupy movement itself. However, the pair soon discovered that the consensus decision process is as complicated for directing films [...]

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From WikiLeaks to Pussy Riot: Cool Films Coming to Sundance

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A few choice selections: Google and the World Brain Investigates What Happens When Books Go Online For years now Google has been working intensely to scan and digitize as many books as possible. Some think this is tantamount to theft, some say it’s creating a consolidation of great thought. Director Ben Lewis’ documentary Google and [...]

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Why is Nobody Freaking Out About the LIBOR Banking Scandal?

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The LIBOR manipulation story has exploded into a major scandal overseas. The CEO of Barclays, Bob Diamond, has resigned in disgrace; his was the first of what will undoubtedly be many major banks to walk the regulatory plank for fixing the interbank exchange rate. The Labor party is demanding a sweeping criminal investigation. Mervyn King, [...]

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FBI Occupy Wall Street Memos Skip Infiltration Of Occupy Cleveland

Connor Stevens was sentenced to eight years in prison in mid-November for taking part in a plot to blow up an Ohio bridge. The 20-year-old’s sentence was the culmiation of work by an FBI informant, who pushed the bridge idea, and furnished Stevens and his associates with jobs, drugs, and ultimately explosives. The informant’s operation [...]

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Rescued by a Bailout, A.I.G. May Sue Its Savior

Fresh from paying back a $182 billion bailout, the American International Group Inc. has been running a nationwide advertising campaign with the tagline “Thank you America.” Behind the scenes, the restored insurance company is weighing whether to tell the government agencies that rescued it during the financial crisis: thanks, but you cheated our shareholders. The [...]

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FBI Surveillance Of Occupy Wall Street Detailed

Was Tim Franzen stockpiling weapons? What was Tim Franzen’s philosophy? What was his political affiliation? Did Tim Franzen ever talk about violent revolution? The Federal Bureau of Investigation wanted to know. In late 2011, an agent or agents — Franzen still isn’t quite sure — began trying to find out. It was during this time [...]

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Rolling Stone’s Matt Taibbi on the biggest Wall Street story of the year: Libor

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Rolling Stone’s Matt Taibbi has skewered his fair share of financial faux pas and corporate bigwigs throughout 2012. Yet his prize for the Biggest Wall Street Story of the Year goes to the massive—but little understood—Libor scandal. Related PostsFrench Govt Reports Large Increase in Three Strikes Piracy Warnings U.S. Government Wins Appeal in Kim Dotcom [...]

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“A Reckoning to be Reckoned”: Les Miserables in the Age of the New Jim Crow and Occupy Wall Street

In 1967, as Black city dwellers rebelled against the oppression and deprivation of the ghetto in a series of urban uprisings, Martha Reeves and the Vandellas released their famous song “Dancing in the Street” through Detroit’s Motown label.  The group claimed it was just a party song, not a political statement, and definitely not an [...]

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Occupy and the FBI. It ryhmes but it is not cute. (link roundup)

The FBI vs. Occupy: Secret Docs Reveal “Counterterrorism” Monitoring of OWS from Its Earliest Day   FBI Considers the “Occupy Movement” as a “Terrorist Threat”  FBI documents just obtained by the Partnership for Civil Justice Fund (PCJF) pursuant to the PCJF’s Freedom of Information Act demands reveal that from its inception, the FBI treated the [...]

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F.B.I. Counterterrorism Agents Monitored Occupy Movement, Records Show

The Federal Bureau of Investigation used counterterrorism agents to investigate the Occupy Wall Street movement, including its communications and planning, according to newly disclosed agency records. The F.B.I. records show that as early as September 2011, an agent from a counterterrorism task force in New York notified officials of two landmarks in Lower Manhattan — [...]

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The Mysterious New Housing Bubble

Housing Up, Home Ownership Down

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The Fiscal Cliff is a Diversion

The Derivatives Tsunami and the Dollar Bubble

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Attorney General Secretly Granted Gov. Ability to Develop and Store Dossiers on Innocent Americans

In a secret government agreement granted without approval or debate from lawmakers, the U.S. attorney general recently gave the National Counterterrorism Center sweeping new powers to store dossiers on U.S. citizens, even if they are not suspected of a crime, according to a news report. Earlier this year, Attorney General Eric Holder granted the center [...]

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Author and Occupy Arrive at the Same Decision – Walk Away From Debt!

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Separated at birth — but joined in intent today. In September, 2010, two entities came into existence: Occupy Wall Street in Zuccotti Park on the East Coast and Walk Away from Debt, a book released on the West Coast. A year and a few months later, a coalition of Occupy groups called StrikeDebt is encouraging [...]

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The Surveillance State Grows Another Tentacle

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After the attempted Christmas Day bombing of 2009, a Senate investigation concluded that the National Counterterrorism Center had received information about Umar Farouk Abdulmutallab, the would-be underwear bomber, but had failed to query other government agencies about him. This allowed him to board his flight to the U.S. and nearly detonate his bomb. President Obama [...]

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