About those [Stress] Test Results

By: emptywheel Tuesday April 7, 2009 7:19 pm

The evidence mounts that Citi and Bank of America are so stressed they couldn’t make it through earnings season honestly.

The Latest State Secrets Claim

By: emptywheel Tuesday April 7, 2009 4:52 pm

The Obama Administration threw a desperate new tactic into the warrantless wiretap suits: absolute immunity. It appears to be a probably futile attempt to keep all the cases before Judge Walker from collapsing onto each other.

How JP Morgan Chase Plans to Profit Off the 300,000 People It’s Forcing to Lose Their Jobs

By: emptywheel Tuesday April 7, 2009 1:31 pm

JP Morgan Chase is working to put 300,000 people out of work–many of them in Michigan. But lucky for JP Morgan Chase, it has the contract for providing Michigan’s unemployment benefits by debit card. So it still stands to make money off those unemployed Michiganders after JP Morgan Chase causes them to lose their job.

Pre-Coffee Deep Thought

By: emptywheel Tuesday April 7, 2009 6:55 am

As it becomes more likely that Emmett Sullivan will throw out Ted Stevens conviction, Alaska Republicans have called for Mark Begich to resign, on the logic that Toobz is therefore “innocent.”

Does that mean she’d be willing to let the Gitmo detainee whom Sullivan may force the government to release should be allowed to resettle in AK, since he is innocent, according to Palin’s claims?

Double-Dipping at Gitmo?

By: emptywheel Monday April 6, 2009 7:42 pm

The ICRC reveals that four high value detainees may have been hidden at Gitmo around the time the Abu Ghraib scandal broke.

Save American Jobs: Close Your Chase Account

By: emptywheel Monday April 6, 2009 5:29 pm

JP Morgan Chase refuses to do what it takes to save 300,000 jobs and the healthcare of 700,000 retirees. So I decided today to no longer be a part of that. I closed my Chase account.

Chrysler’s Two Options: What JP Morgan’s Insistence on Bankruptcy Will Mean

By: emptywheel Sunday April 5, 2009 6:54 pm

If Chrysler goes into bankruptcy rather than merges with Fiat, it may mean 210,000 additional jobs lost.

Holder Wants to Stop Playing Mukasey’s Whack-a-Mole with Financial Fraud

By: emptywheel Sunday April 5, 2009 7:34 am

Eric Holder doesn’t think Mukasey’s approach to financial crime–to play whack-a-mole with it–was such a smart idea.

Bailed Out Bank, JP Morgan, Dooming Chrysler

By: emptywheel Saturday April 4, 2009 8:14 am

The WSJ confirms what we’ve all probably suspected: the creditors that are forcing Chrysler into bankruptcy are the same banks that have been surviving only with the help of the federal government. And of course, they are refusing to offer the same generosity to Chrysler.

Banks that loaned Chrysler LLC $6.8 billion are resisting government pressure to swap more than $5 billion of that for stock to slash the car maker’s debt,

Patrick Kennedy to Introduce Bill to Repeal Gramm-Leach … Maybe

By: emptywheel Friday April 3, 2009 2:43 pm

Yesterday, Patrick Kennedy was gung ho to repeal Gramm-Leach. Today, he sounds much less sure.

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