Quantcast
Feeds: Email, RSS & Twitter

Get Our Videos By Email

Powered by Squarespace

 

 

Search The Daily Bail Archive Of 15,000 Videos

SEARCH THE DAILY BAIL

SPONSORED BY  

 

Hank Paulson Is A Criminal - Pass It On

Bernanke's Failures Caught On Tape

"The Federal Reserve Is A Ponzi Scheme"


Get Our Videos By Email

THE FED UNDER FIRE: Must See Clip

Bernanke's Replacement: Happy Hour In Santa Cruz

Must See: National Debt Road Trip

"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

SLIDESHOW - The 11 States Most Likely to Go Bust

SLIDESHOW - 7 Really Big Holes - Don't Miss #7

SLIDESHOW - Molotov Cocktails In Greece

SLIDESHOW - The Sights, Sounds & Women of Texas

SLIDESHOW - Genius Signs From Irish IMF Protest

SLIDESHOW - Egyptian Revolution - Graphic PICS

SLIDESHOW - U.K. Student Riots

SLIDESHOW - Airport Security Cartoons - TSA

Most Recent Comments
Cartoons & Photos
SEARCH
« VIDEO - Blankfein Comments On The Fiscal Cliff: "We Must Have Compromise And Moderation..." | Main | Goldman Earned $55.7 Million From Build America Fees »
Tuesday
Jul242012

CFO SURVEY - Finds 20% Of U.S. Public Companies Lie On Earnings Reports (LINKS)

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (16)

The collapse of Peregrine Financial Group Inc. has prompted new scrutiny of the futures industry's front-line regulator and triggered plans to change its practices just as the agency prepares to take on a bigger role in policing derivatives markets.

http://online.wsj.com/article/SB10000872396390443295404577543073997598012.html?mod=business_newsreel
Jul 24, 2012 at 12:29 PM | Registered CommenterDailyBail
(Reuters) - A wave of tax increases and billions of dollars in automatic spending cuts would cause "a lot of damage" to the fragile U.S. economy, Treasury Secretary Timothy Geithner said on Monday.

http://www.reuters.com/article/2012/07/24/usa-economy-geithner-idUSL2E8IO06120120724
Jul 24, 2012 at 12:36 PM | Registered CommenterDailyBail
LUFKIN, Texas (AP) — A former East Texas bank president faces up to 30 years in federal prison for using customer funds to pay his home contractor.

http://news.yahoo.com/ex-east-texas-banker-faces-30-years-false-152209346--finance.html?_esi=1
Jul 24, 2012 at 12:43 PM | Registered CommenterDailyBail
"the agency prepares to take on a bigger role in policing derivatives markets."

And the check is in the mail, and I won't cum in your mouth.

These bastards have diarrhea of the mouth talking about future plans to improve regulation and streamline efficiencies and ZZZZZ. This broken record continues playing while everyone dleriously watches biilionaire thieves flush the entire economy down the toilet.

Want a real reocovery? Start with one severed head.
Jul 24, 2012 at 1:05 PM | Unregistered CommenterCheyenne
Peregrine please Gensler lmao

Finding Recourse When Investors Are Cheated (Short Summary Your screwed)

http://dealbook.nytimes.com/2012/07/23/finding-recourse-when-investors-are-cheated/

Watch Chairman Gary Gensler Squirm while callers ask about Gold & Silver manipulation

http://www.silverdoctors.com/watch-gary-gensler-squirm-while-live-callers-ask-about-silver-manipulation-investigation/

:(

‘Too big to fail’ grows
The failure of banking reform

http://www.nypost.com/p/news/opinion/opedcolumnists/too_big_to_fail_grows_cVFocOFPEAJyQ4LgCR2ilO?utm_medium=SFnewyorkpost&utm_content=Oped+Columnists&utm_source=SFnypostopinion

Wall Street's hottest investment idea: Your house

http://finance.fortune.cnn.com/2012/07/24/wall-street-foreclosures/

Ezra Klein's Stupid New Idea Fed helps Wall St & Obama

http://www.washingtonpost.com/business/economy/why-not-uncle-bens-crazy-housing-sale/2012/07/23/gJQAZpwU5W_story.html

On the other hand this is a great idea which is why they won't do it

How Bernanke Can Get Banks Lending Again

http://online.wsj.com/article/SB10000872396390444873204577537212738938798.html?mod=googlenews_wsj

All talk

Fed's Raskin: No government backstop for banks that do prop trading

http://www.reuters.com/article/2012/07/23/us-usa-fed-rasking-idUSBRE86M1FB20120723

More collateral damage

U.S. Cities Get Fleeced in Libor Scandal

http://www.thefiscaltimes.com/Articles/2012/07/23/US-Cities-Get-Fleeced-in-Libor-Scandal.aspx#page1

Oddly I agree with H. Dean but not for the same reasons

Dean: Go over the fiscal cliff

http://www.washingtontimes.com/blog/inside-politics/2012/jul/23/dean-go-over-fiscal-cliff/

last but not least I can't believe people aren't making a connection here and this isn't getting more attention

In Washington, Blankfein Backs Dodd-Frank

http://dealbook.nytimes.com/2012/07/18/in-washington-blankfein-backs-dodd-frank/?scp=1&sq=blankfein&st=Search
Jul 24, 2012 at 2:11 PM | Unregistered CommenterLiberatedCitizen
9 Year Old Abuses Infants At A Daycare

http://www.youtube.com/watch?v=VdaKDbSpPSA

Warning: This is very difficult to watch
Jul 24, 2012 at 2:14 PM | Registered CommenterDailyBail
Police Shooting in Anaheim Leads to Violent Clash

http://www.youtube.com/watch?v=kqzoKY1CyAg

Caught on camera: The moment police fired at women and children with rubber bullets in LA 'riot' and as they battled angry mob over man's shooting

http://www.dailymail.co.uk/news/article-2177496/Anaheim-riots-Video-shows-police-firing-women-children.html
Jul 24, 2012 at 2:16 PM | Registered CommenterDailyBail
Great links, LC...I'll check them out.
Jul 24, 2012 at 2:17 PM | Registered CommenterDailyBail
Cheyenne

These bastards have diarrhea of the mouth talking about future plans to improve regulation and streamline efficiencies and ZZZZZ.

---

Jamie Dimon was right a few years ago when he said the problem isn't lack of regulation, it's bad regulators and fraud. The whole system is fucked. Regulators, without fail, end up being owned by the industry they regulate. It's been going on for decades. Nothing changes it.

But one area where we obviously do need more regulation and transparency is derivatives. Everything happens in the shadows. Who knows what is out there, and with Greece buckling this morning, it looks like the Troika might be done with them. If that happens and greece leaves the euro, we are going to learn a lot about the previously-hidden derivatives. JPMorgan, for one, has sold a lot of CDS protection on European banks who are going to be in trouble if greece leaves.
Jul 24, 2012 at 2:26 PM | Registered CommenterDailyBail
More transparency for sure. It's the opacity that enables so much fraud.

But look. What kills me is the lack of law enforcement. Before 1934, the S.E.C. Didn't even exist, and yet people went to jail for criminal fraud. Regulation has become a wholesale apology for the lack of criminal referrals. Jon Corzine stole your retirement money? Why, we need more regulation. Peregrine overstated its accounts by 98% year in a year out? We need more audits, damnit

Regulation is a crock of shit if people profit from theft without any chance of doing hard time. I think it's what Mr. Black calls a crimimogenic environment. In such a system, regulation is actually bad, since criminals will use is a weapon against honest competitors

I know I'm preaching to the choir, though. It's just disheartening to see bankers taking a dump all over every civics book ever written and acting like they're Hendrix.

By the way, is the name of that Daycare really "Titty City"?
Jul 24, 2012 at 3:17 PM | Unregistered CommenterCheyenne
Wonder if this might have any influence on the global economy?

http://www.rollingstone.com/politics/news/global-warmings-terrifying-new-math-20120719
Jul 24, 2012 at 5:56 PM | Unregistered CommenterTR
They lie in order to get bigger bonuses based on those "profits"...
Jul 24, 2012 at 11:43 PM | Unregistered CommenterS. Gompers

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.