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Finally! The announced departure of Lawrence Summers as the president’s top economic adviser is welcome news.

Is the recession really ending? What does Elizabeth Warren's sort-of appointment mean? Dean Baker has answers on Grit TV.

Why did Obama keep Timothy Geithner and Lawrence Summers on staff when they helped lay the groundwork for the financial crisis?

The SEC has filed a civil suit against Goldman Sachs for their role in exacerbating the sub-prime mortgage crisis by producing risky investment options. On this week's The Breakdown, Hayes discusses the case with blogger, author and economist Simon Johnson.

Congress should not be fooled by the argument of Wall Street lobbyists that Bernard Madoff was a lone rotten apple now safely discarded.

Obama and Congress must get tougher on offshore tax cheats--prosecuting them as criminals and requiring full payment, with penalties and interest.

GOP "tea-baggers" take note: The Justice Department is closing in on offshore tax cheats. And former Sen. Phil Gramm, their chief enabler, could be caught in the net.

A tax loophole could let the ten largest paper companies rake in a whopping $8 billion. Where's the outrage?

Don't reward the rogue financiers at AIG and Goldman Sachs who enriched themselves while impoverishing millions. Investigate them.

As we rebuild America's aging infrastructure, let's make sure taxpayer money goes to those who need it and doesn't line the pockets of those who knew how to play the game.

Blogs

Workers are protesting a new round of alleged intimidation tactics.

February 7, 2013

The ruling brings warehouse workers one step closer to holding Walmart directly responsible for alleged retaliation and wage theft.

January 7, 2013

Workers say Walmart is directly responsible for rampant wage theft and retaliation.

November 30, 2012

A new civil filing in New York alleges that the bank’s subsidiaries engaged in widespread securities fraud before the financial collapse. 

October 2, 2012

After a day of stumbles in London, Mitt finally gets on message, telling international bankers he’ll fight regulation. In return, they give him $2 million.

July 27, 2012

Mitt is using the Olympic opening to collect cash from bankers who are at the center of an international rate-fixing scandal.

July 20, 2012

Ten out of Mitt's top eleven donors also find ways to stash money in low- or no-tax countries.

July 12, 2012

“Everyone does it” is not an adequate excuse. Will bankers depart with their multimillion-dollar rewards intact?

July 10, 2012

The British banking scandal reveals just how much the world of finance needs an overhaul.

July 9, 2012

 An obscure federal agency regulates complicated financial markets as well as oil speculators, and Republicans want to cut its funding. 

June 11, 2012