financial meltdown

Justice Hits BoA with Record-Breaking Fine, No Immunity from Criminal Prosecution

Pete Yost and Marcy Gordon for The Associated Press
August 21, 2014 - 11:00am
Justice Hits BoA with Record-Breaking Fine, No Immunity from Criminal Prosecution
Eric Holder's Justice Department has levied a near $17 billion dollar fine agains Bank of America for its shady dealings leading up to 2008's financial meltdown. At first blush, it looks like the punishment may have actual teeth, as BoA could still be liable for criminal prosecution.
origin Author: 
Pete Yost and Marcy Gordon
origin Blog: 
The Associated Press

Dr. Paul Krugman Rumored For White House Job

Charles D. Hayes for LA Progressive
October 4, 2012 - 8:30am
Reports surfaced today that Nobel Prize Winning economist Dr. Paul Krugman will be offered the job of chairman for the White House Council of Economic Advisors.
Should President Obama be reelected, it’s no secret that there will be major changes in his second administration.
origin Author: 
Charles D. Hayes
origin Blog: 
LA Progressive