Michael Snyder: When news broke of a 2 billion dollar trading loss by JP Morgan (NYSE:JPM), much of the financial world was absolutely stunned.  But the truth is that this is just the beginning.  This is just a very small preview of what Read more…

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Michael Snyder:  The Democrats, the Republicans and especially Barack Obama promised that something would be done about the too big to fail banks so that they would never again be a threat to Read more…

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Michael Snyder:  Federal Reserve Chairman Ben Bernanke claims that the Federal Reserve averted a second Great Depression by bailing out the big Wall Street banks during the last financial crisis, and he Read more…

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Shah Gilani: Dear Occupy Wall Street Demonstrators, Let me start by saying that I applaud your initiative. Grassroots protests are the essence of democracy. And as we’ve seen with the Tea Party movement Read more…

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