Wall Street's Biggest Heist Yet? How the High Wizards of Finance Gutted Our Schools and Cities

The complex machinations that pitted county treasurers against the deceptive wizards of Wall Street.

Wall Street banks have hollowed out our communities with fraudulently sold mortgages and illegal foreclosures and settled the crimes for pennies on the dollar. They’ve set back property records to the early 1900s, skipping the recording of deeds in county registry offices and using their own front called MERS. They lobbied to kill fixed pension plans and then shaved a decade of growth off our 401(K)s with exorbitant fees, rigged research and trading ... Full Story »

Posted by Dwight Rousu

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Review

Dwight Rousu
4.8
by Dwight Rousu - Jul. 19, 2012

now, Wall Street may get away with the biggest heist of the public purse in the history of the world. You know it’s an unprecedented crime when the conservative Economist magazine sums up the situation with a one word headline: “Banksters.”

most swaps are not being used as a hedge. They are being used as a money-making racket for Wall Street.

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Dwight's Rating

Overall
4.8

Very good
from 12 answers
Quality
4.8
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5.0
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5.0
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3.0
Style
5.0
Context
5.0
Depth
5.0
Enterprise
5.0
Relevance
5.0
Popularity
5.0
Recommendation
5.0
Credibility
5.0
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