Paul Volcker, the economist after whom the rule is named. This is a new weekly feature by Occupier staff. Bank of America paying for the sins of its subsidiary: The largest fair practice settlement in history is still too small if it doesn’t come with a formal admission of wrongdoing. Bank…
Category: Jacob Clary
The Die Is Cast
Last month we published an article concerning the most recent downgrade of the Bank of America Corporation, or BAC, by the credit rating agency Moody’s. The downgrade had triggered a demand for further collateral by the bank’s counterparties–that is, security for those with something to lose should the bank go under. The collateral offered was…
Witnesses: Injured Man Went Unattended For Half an Hour Because the Police Cancelled the Emergency Call
Left: Justin, right, Charles NB: I removed this article the day after posting it (December 15th) in response to a witness of the events and friend of Justin James Bridges contacting me, concerned that Larry Thompson and John Swilley (whose last name I spelled wrong in the original article) had in fact witnessed another man,…