The FDIC Takes Over a Bank

By: emptywheel Monday March 9, 2009 8:50 pm

60 Minutes shows you what a bank takeover looks like.

Citi, Morgan Stanley, Not Paying Their Taxes

By: emptywheel Friday January 16, 2009 1:10 pm

Add one more thing to the “no one could have imagined” file: The GAO reports that Citigroup and Morgan Stanley have been sneaking their money off shore so as to avoid paying taxes.

The new Government Accountability Office (GAO) report, released today by Sens. Byron L. Dorgan (D-N.D.) and Carl M.

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