derivatives
The Feds Actually Expect Wall Street Bankers to Police Themselves
One of the most important financial regulators in America just announced his new plan for reining in white-collar crime. It doesn't look good.
Seven Major Banks Pay Chump Change to Settle Lawsuit Over Lucrative Scheme
Seven of the world's biggest banks agreed to pay $324 million to settle a lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market.
Is US Attorney General Eric Holder Ready to Put Wall Street Bankers in Jail?
A fine leveled against Citigroup doesn't hold anyone accountable—it just demonstrates how toothless the government's pursuit of the financial criminals who ruined the economy has been.
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The Confidential Memo at the Heart of the Global Financial Crisis
Blowing the lid off of the conspiracy to impoverish the world.
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