Peter Baker and David Herszenhorn: Wall Street Reform Reporting Lacking

Mitch McConnel

Joseph Palermo: The massive trading and swapping of Collateralized Debt Obligations (CDOs) and other abstractions cooked up by the fertile minds of sociopathic Wall Street “traders” not only did nothing to lubricate the real economy through financial intermediation, but they helped bring down the entire system and cost taxpayers hundreds of billions of dollars.

Senators, Thanks For Reminding Us Why We Don’t Like You

Lieberman-Plumber

If Washington is the place where “good ideas go to die,” as candidate Obama liked to say, then the Senate is the slaughterhouse. This white millionaires’ club where the biggest egos on Earth tell us how goddamn important they are has just screwed the middle class in this country — a middle class that is reeling after years of being beaten down by these Senators’ masters in private industry.

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