Even the most heinous of financial crimes are usually – if not always – the bi-product of willing participants. Admittedly, there may be only one
In an “above the fold” front page article in the June 28, 2012 Wall Street Journal, we learn that Barclays PLC, one of the world’s largest
Following the National Mortgage Settlement, B.L. Zebub, Belial Bank’s once fearless leader, is waffling on whether to jump into the fray, and start writing down
Introduction. On February 9, 2012, the U.S. Department of Justice issued a press release announcing the “landmark” $25 billion dollar settlement with five of the
“This case demonstrates that the notion that the bailed-out banks have somehow found God and have reformed their ways in the aftermath of the financial
[This is the second post in a 2-part series in which we take a not-so-nostalgic stroll down Memory Lane, revisiting the events that linger with
Introduction. Well, it’s been nearly five years since the 3Q 2007 collapse of the credit and housing markets. How time flies! Are we having fun
Following the Morgan Stanley Mess, B.L. Zebub, Belial Bank’s now skittish leader, begins to wonder if his own empire is “Too Big to Manage.” In
“Taking on these greater risks raises the likelihood that an investor, even a major financial institution, suffers large losses. If they suffer large losses, then they
“To the dismay of many of Obama’s supporters, nearly four years after the disaster, there has not been a single criminal charge filed by the
