- Dear Bankers: Thanks for Wrecking Our Lives ... NYT
- Money-Laundering Inquiry Is Said to Aim at U.S. Banks--"Federal and state authorities are investigating a handful of major American banks for failing to monitor cash transactions in and out of their branches, a lapse that may have enabled drug dealers and terrorists to launder tainted money, according to officials who spoke on the condition of anonymity." NYT
- Inquiry on Tax Strategy Adds to Scrutiny of Finance Firms--"The New York attorney general is investigating whether some of the nation’s biggest private equity firms have abused a tax strategy in order to slice hundreds of millions of dollars from their tax bills, according to executives with direct knowledge of the inquiry." NYT
- Peregrine Financial Group boss admits $100m fraud
- Barclays bank clerk stole £46,000 and spent it on boob job, liposuction and wild shopping sprees to fulfill her dream of becoming a model
- How Wall Street creates criminals--"When 16% of people working in financial services readily admit they would commit a crime if they could get away with it, alarm bells should be going off at the Securities and Exchange Commission and other financial regulators."
- A Rare Look at Why The Government Won't Fight Wall Street
- Top Bank Lawyer's E-Mails Show Washington's Inside Game
- FDIC's Hoenig Says Banks May Revisit Pre-2008 Risky Behavior
- Four Years Since Lehman Brothers, 'Too Big To Fail' Banks, Now Even Bigger, Fight Reform
- How Citigroup stays fraud-proof Salon
- The Payoff: Why Wall Street Always Wins - An Excerpt
- The Fed's $16 Trillion Bailouts Under-reported
- AIG Stock Sale Repays Bailout as U.S. Government Profits
- Taxpayers still owed more than $200 billion from bailouts
- EU Considers Splitting Up Major Banks--"EU Commissioner Michel Barnier has asked experts to examine the possibility of splitting up major European banks to avoid future bailouts at taxpayers' expense. But even less radical intervention in the banking sector could have drastic consequences for the industry, and its powerful lobby is resisting any such change."
- Opinion: Where the Mob Keeps Its Money NYT
- RBS could be fined £300m to settle Libor probe--"Royal Bank of Scotland could be fined up to £300m later this year to settle allegations traders sought to manipulate the libor interest rate, according to reports."
- Barclays makes £500m betting on food crisis--"Outrage as bank revealed to be major speculator while millions face starvation."
- Deutsche Bank turns screw on bonuses
- Iceland Shows Other Europeans How to Survive Bankruptcy--"Small Atlantic nation enjoys growth and employment gains after failing to rescue its banks. Mainland Europe remains stuck with stagnation, decline, and ruinous 'rescue' packages."
- Swiss banks to suffer big withdrawals over tax: UBS--"UBS expects Swiss banks to see European clients withdraw "hundreds of billions of francs" as a result of steps to stop foreigners using secret accounts to evade taxes."
- A Harvard MBA's radical quest to erase his debt
- The other foreclosure crisis: Losing a home over $400 in back taxes
- In Prosecutors, Debt Collectors Find a Partner--"In exchange for a fee, district attorneys' offices have been allowing debt collectors to use their letterhead when going after people behind on their bills." NYT
