The Pillage People

One year after the Wall Street bailout, real reform of the financial sector is still a dream.

By Roger Bybee

It's as if last year's meltdown--causing a $16 trillion bailout of the financial industry, the doubling of America's unemployment rate and the loss of 2 million manufacturing jobs in 2008--had never taken place. Two of the five biggest investment banks, Bear Stearns and Lehman Brothers, have bitten [RETURN TO ARTICLE]

  • Reader Comments

     Page 1 of 1 pages

    One thing we certainly don’t need is another agency.

    The Fed, SEC, Moody’s, Congress

    United States Posted by whattheheck on Nov 8, 2009 at 9:29 AM

    BTW, Barney Frank and the Treasury on NOT on our side.

    They are the cause of the current mess and have personally benefitted big time.

    Paulson, Rubin, Greenspan, are all Goldman Sachs alums.

    Goldman is making $miillions with the $billions of taxpayer-no-strings dollars given them by the TARP funding from Paulson.

    Franks was head of the banking committee who allowed Fannie Mae people to be paid a percentage of all loans made

    United States Posted by whattheheck on Nov 8, 2009 at 9:36 AM

    Reform of our ridiculous debt is still a dream. We need to do some serious plumbing to unclog our financial pipes.

    United States Posted by Grace Down on Jan 12, 2011 at 1:33 PM
     Page 1 of 1 pages

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