From CBS News: Two whistleblowers offer a rare window into the root causes of the subprime mortgage meltdown. Eileen Foster, a former senior executive at Countrywide Financial, and Richard Bowen, a former vice president at Citigroup, tell Steve Kroft the companies ignored their repeated warnings about defective, even fraudulent mortgages. The result, experts say, was a cascading wave of mortgage defaults for which virtually no high-ranking Wall Street executives have been prosecuted. PART I PART II
We host a discussion on policing and the Occupy Wall Street movement with Chuck Wexler, director of the Police Executive Research Forum, which helped organize calls among police chiefs on how to respond to the Occupy protests, and with Norm Stamper, the former police chief of Seattle, who recently wrote an article for The Nation magazine titled “Paramilitary Policing from Seattle to Occupy Wall Street.” “Trust me, the police do not want to be put in this position. And cities really need to ask themselves, is there another way to handle this kind of conflict?” […]
We speak with Kamran Loghman, the expert who developed weapons-grade pepper-spray, who says he was shocked at how police have used the chemical agent on non-violent Occupy Wall Street protesters nationwide — including students at University of California, Davis, female protesters in New York City, and an 84-year old activist in Seattle. “I saw it and the first thing that came to my mind wasn’t police or students, it was my own children sitting down having an opinion and they’re being shot and forced by chemical agents,” says Loghman, who in the 1980s helped the […]
Congressman Dennis Kucinich (D-OH), a longtime advocate for reform of the Federal Reserve, is sharply criticizing the Federal Reserve today after Bloomberg news reported that the Federal Reserve secretly committed nearly $8 trillion in support to American and international financial institutions during the 2008 bailout. Kucinich recorded a video for his website before going to the floor of the House of Representatives to call upon Congress to reclaim its Constitution primacy over monetary policy. More at Bloomberg.
You can view them all on tumblr. You can find a tasteless one here. You can see him trapse through art history and Gawker has a gallery of photos as well.