60 Minutes On Medicare Fraud: A $60 Billion Crime

The crime of Medicare fraud is bigger than the drug business in total volume.

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Phantom Firms Bleed Millions From Medicare

Michel De Jesus Huarte, a 40-year-old Cuban-American, hadn't simply avoided arrest. He had hatched a plan to steal millions more from Medicare by forming at least 29 other shell companies - paper-only firms with no real operations. Each time, he would keep his name out of any corporate records. Other people - some paid by Huarte, some whose identities had been stolen - would be listed in incorporation papers.  The shells functioned as a vital tool to hide the Medicare deceit - and not only for Huarte. Hundreds of others have used the veil of corporate secrecy to help steal hundreds of millions of dollars from one of the nation's largest social service programs, a Reuters investigation has found.

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Mortgage Complaint? CFPB Is Open For Business

WASHINGTON (MarketWatch) — If you’ve been just dying to find someone to listen to your beef with the company that services your mortgage, now’s your chance. The new federal Consumer Finance Protection Bureau is open for business and ready to accept complaints and inquiries related to home loans.

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Whistleblower Exposes $2B Pension Fraud At BNY Mellon

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Watch The 'Chinese Professor' TV Commercial That Is Causing All The Controversy (VIDEO)

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Federal Reserve History: Breaking News From 1948 - Banking Mogul Ousts Fed Chairman

If it were only this simple to get rid of Bernanke.

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Obama And The Rule Of Law On Wall Street

New guest post from the former chief of staff to Senator Ted Kaufman.

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NYT's Louise Story On How Tim Geithner Convinced NY AG Andrew Cuomo To Back Off Wall Street Prosecutions

Full write-up inside.

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BAILOUTMOBILE - Chevy Volt Costing Taxpayers Up to $250K Per Vehicle

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Video: GM's annoying new TV commercial gives thanks to taxpayers for the $55 billion bailout

Watch this - Evel Knievel is involved.  It's sacrilege.

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Sen. Lieberman Caught Passing Insider Information To Hedge Fund Managers (LINKS)

Goldman Sachs Warns Of Risks Of $1.3T In U.S. Assets Held By Euro Banks

Sen. Lieberman Caught Passing Insider Information to Hedge Fund Managers

California Attorney General Files Suit Against Fannie, Freddie - WSJ.com

FBI Pulls Off ‘Perfect Hedge’ to Nab New Insider Trading Class - Bloomberg

Banks gorge on ECB loans, market cheer short-lived - Reuters

Jamie Dimon Loses Battle Over Bank Capital Requirements

ANONYMOUS posts cops' personal data to avenge Occupy movement

Local Cops Ready for War With Homeland Security-Funded Military Weapons

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Ann Coulter: "I Would Prefer Ron Paul As President Over Newt Gingrich" (VIDEO)

Coulter is generally useless, but she gets this one right, except of course for her war-mongering criticism of Paul's foreign policy.

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VIDEO - Barry Ritholtz On Euro Bailout Insanity

Pretty decent interview recorded yesterday.  Runs 4 minutes.

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JP Morgan Targeted For MBS Lawsuits, Romney Would Raise SS & Medicare Eligibility Age, Why Ron Paul Wants To Eliminate The Department Of Education (LINKS)

Italy's GDP Turns Negative

An Unlikely Bulldog for Mortgage Investors Sets Her Sights On JP Morgan

Tough Job for Jamie Dimon's Mortgage Mechanic

The Strangest Things We've Learned About Kim Jong-un

Credit unions TROUNCE big banks in new consumer survey

Romney would raise eligibility age for Social Security and Medicare

Fitch again warns U.S. debt burden threatens AAA rating

Why Ron Paul Wants To Eliminate The Department Of Education

Congressman Says Michelle Obama Has ‘Large Posterior’

"Ron Paul is Kicking ASS!": Cenk Uygur

Origin of Stonehenge rocks discovered

Actress Confronts Sean Penn Over His Support for Chavez: ‘You Are a Communist Asshole!’

WTF?! - Bachmann tells school children that President Ron Paul would allow them to be blown up by a nuclear bomb

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