Posts Tagged ‘banks’

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The butler did it

Posted: 26 May 2012 in Uncategorized
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The pope’s butler, Paolo Gabriele, has been accused of leaking private letters—and he’s just been arrested. But others may have done it, too. They include Carlo Maria Viganò who, as Secretary-General of the Governatorate of the Vatican City State, wrote a private letter to the pope (subsequently leaked) alleging widespread corruption in Vatican finances. He [...]

How to be rich

Posted: 24 May 2012 in Uncategorized
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You’re the CEO, maybe in finance or in a venture-capital firm, paid hundreds of times the average worker’s wage with full benefits—one of those jobs that is expanding once again. A buddy wakes you up with a desperate call: he needs a large purchase of credit default swaps; you’re the only one; at least your [...]

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Money never sleeps. And, when it comes to drilling holes in Dodd-Frank, it never gets tired. Matt Taibbi explains the 5 easy steps Wall Street is using to kill financial reform in the United States. Step 1 is to “strangle it in the womb,” for example, by watering down the new regulatory concepts in the [...]

Special mention

Special mention

Special mention