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News for Norther Colorado and the world

Saturday, June 25, 2016

Posts Tagged ‘Rolling Stone’

NY Judge critical of SEC

NY Judge critical of SEC

  Federal Judge Jed S. Rakoff was not pleased with the Security and Exchange Commission (SEC) proposed settlement with Citigroup. Citigroup violated previous agreements, lied to its customer about the mortgage bonds they were selling and bet against the bonds. Citigroup's customers lost $700 million while the bank made a profit of $160 million. The SEC was willing to let Citigroup off with no admission of wrong doing and what the judge considered to be an inadequate fine. The two articles ... Full Story

How the GOP Became the Party of the Rich

How the GOP Became the Party of the Rich

          The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent   By┬áTim Dickinson November 9, 2011 7:00 AM ET The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking ... Full Story

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