After years of tip-toeing around the too-big-to-fail banks – despite their key role in devastating the world’s economy – the U.S. government has finally signaled a couple of fraud prosecutions. However, the effort is not only way too late, but way too little, argues Danny Schechter.
The Libor scandal is just the latest revelation of how the VIPs of high finance rig the system for themselves and their friends while millions of “common people” are driven into poverty. But the fix is also in when it comes to buying political protection, write Bill Moyers and Michael Winship.
Towards an Investigative 'War Chest' -- To expand our coverage of issues of war and peace, we are trying to build a $100,000 "war chest," believing honest information is the best way to avoid war.
