Richard Eskow: How big is a $16 Billion Bank Fraud Settlement, really? Reports say that a $16 to $17 billion settlement will soon be announced between the Justice Department and Bank of America.
Kwazi Nkrumah: For years the banks, real estate agents and investors in real estate securities on Wall Street were making money hand-over-fist. They did all this while pretending to break from their previous established history of gross discrimination and red-lining against the disproportionately non-white borrowers whose limited financial resources forced them into “sub-prime” status in the first place.
Stephen Box: Occupy LA has faced one of the most potent of enemies, an ambivalent audience, one that is most likely to respond with a tired dismissal based on aesthetics or a weary look of disbelief as issues such as unemployment, foreclosures, homelessness, collapsing infrastructure and a collapsing economy are presented as a call to action.