Posts filed under “Crapitalism”
BP, Criminality, Accountability
It’s about time that BP get’s held accountable for the human toll of the Deepwater Horizon oil rig explosion: U.S. prosecutors are preparing what would be the first criminal charges against BP Plc (BP/) staff after the worst U.S. oil spill last year, the Wall Street Journal reported, citing unidentified people familiar with the matter. [...]
Who’s Going To Police The Police
In the past 48 hours, the main focal point of the Occupy Movement has moved from Zuccotti Park in New York City to Frank Ogawa Plaza in Oakland, California after what can only be called a senseless act of aggression by the Oakland Police Department. Armed to the teeth, a small army of riot police [...]
Draft David Brandon1
Wouldn’t we be better off with former Domino’s CEO David Brandon‘s 5-5-5 economic plan? You know, the “Big Taste Bailout“? The one that Herman Cain ripped off of? 1Please don’t actually. Despite his supposed anti-Wall Street feeding appeal, Brandon was only installed as CEO of Domino’s after the Wall Street Investment Firm Bain Capital [...]
Getting your money’s worth
The New York Times published an unflattering article yesterday on the practice of the government contracting out services to private companies. The article examined the findings of a study done by a nonprofit organization called the Project of Government Oversight, and found, in 33 of 35 occupations, the government actually paid billions of dollars more [...]
Halliburton, victim
Halliburton, the corporate champion of fraud, corruption, war-profiteering, cronyism, and criminality would know a little something about being virtuous. That’s why the company is now suing BP for its “cover up scheme” during the Deepwater Horizon Oil Spill last summer in the Gulf of Mexico. Halliburton, which did cement work on BP’s Macondo well, [...]
Politicians for Sale
From ThinkProgress: A Republican committee in Minnesota has been caught creating an eBay-style auction site to sell access with politicians, including top lawmakers like Rep. John Kline (R-MN) and Rep. Erik Paulsen (R-MN), as well as State House Speaker Kurt Zellers (R-MN). With bidding starting at $250, the committee offered opportunities to “get up close [...]
The Investigative Prowess of BP
BP just loves investigating sightings of oil in the Gulf of Mexico so much that they’ve decided to look at this one Pro bono: LONDON — A new oil sheen has been found in the Gulf of Mexico, although oil giant BP said Thursday the discovery had nothing to do with its operations and was [...]
Meet David J. Stern, Alleged Fraudulent Foreclosure King
For a while, we’ve been hearing about fraudulent mortgage paperwork being rampant — across different banks, across different parts of the country — including forged documents, but without any specific details about the forgery allegations. That started to change last week, with reports of a sworn statement to the Florida attorney general by an ex-employee [...]
Foreclosure Paperwork Problems Fixed PDQ
On Thursday, October 1, Bank of America announced that it was suspending all foreclosures in 23 states “where courts have jurisdiction over foreclosures”. (The bank later went on to suspend all foreclosures in the other 27 states too.) On Monday, October 18, Bank of America announced that it will lift its foreclosure freeze in these [...]
Foreclosure Crisis Rides Again
On September 29, the Washington Post had an article (by Ariana Eunjung Cha) about the brewing foreclosure mess which talked about “allegations of forged documents and signatures and other similar problems”. Apart from one solitary reference to forged paperwork, the issue was never fleshed out. It wasn’t clear at all what kind of forgeries were [...]