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.
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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