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Two Studies in Transparency... An Apology for JP Morgan Chase

JP Morgan Chase's trades were built around contracts tied to corporate bonds.

(SASKATCHEWAN) - Last week, a brace of headlines twitterpated the financial world.

One was out of romantic Italy, the other on the Street of Dreams, both dealing with the venerable bank/dealer/trader/broker with the curious amalgam of the oldest family escutcheon on Wall Street.

Too Big To Blame

I never knew a city boy who was worth a damn. - Ernest Hemingway

(SASKATCHEWAN) - The Dodd-Frank Bill, an Act to regulate the American financial industry and provide investor and public protection, was passed by Congress and the Senate over a year ago.

Since that time, at least one senator has observed that following the greatest scam in world history, all the known perpetrators are still prominent, richer than ever.

Merkley, Levin Call on Regulators to Close `JPMorgan Loophole`

The Volcker Rule goes into effect this July, but regulators have not yet finalized their rules.

(WASHINGTON DC) - Oregon’s Senator Jeff Merkley and Senator Carl Levin (D-MI) today sent a letter to regulators, calling on them to close the “JPMorgan Loophole.”

Although the Dodd-Frank Act prohibits banks from proprietary trading, the regulators’ proposed rule creates a new loophole that could allow proprietary trading to continue even after the law goes into effect.

New York Judge Admits to Medical Marijuana Use and Endorses Legalization

“This is not a law-and-order issue; it is a medical and a human rights issue” - Supreme Court Justice Gustin L. Reichbach

(BROOKLYN, Raw Story) - Kings County Supreme Court Justice Gustin L. Reichbach revealed that he regularly smokes marijuana to cope with the side effects of his ongoing cancer treatment.

He pleaded with New York lawmakers to legalize medical use of the drug this year.

Darryl Hall and Performer/Producer Butch Walker Join Philly and Georgia Soul for 54th Live from Daryl`s House

Daryl and Noted Performer/Producer Play Six-Song Set That Includes Daryl Hall & John Oates classic “Say It Isn’t So.”

(NEW YORK CITY) - Daryl Hall hooks up with yet another multi-talented hyphenate in Georgia-born performer/producer Butch Walker.

Watch the 54th and latest edition of his critically acclaimed, multi award-winning Live from Daryl’s House web series and nationally syndicated TV program, premiering May 15.

Cornell Students Cite Trayvon Martin, Throw Bottles at Black Students

“I feel like it was targeted and racially motivated … we felt very threatened.” - Beverly Fonko

(SYRACUSE, NY) - A group of students at Cornell University have been accused of racism, when it was reported that they were throwing bottles at black students while referencing the Trayvon Martin shooting.

The Cornell Sun is reporting that members of the Sigma Pi fraternity house were throwing the objects at black students early Sunday morning.

OWS Week - Police Tactics of Intimidation

Occupy Wall Street Week: new episode airs each week, now you can catch it here.

(SALEM / TEHRAN / EL PASO) - Since joining in solidarity with OCCUPY MARINES, we have been hearing and seeing amazing things.

One is a weekly TV show that is being produced from two points; El Paso and Tehran; yes you read that right. OWS Week is the professional weekly roundup of OCCUPY News and Marines and other Veterans and the graphics, the tempo, everything about it is interesting and highly informative.

Homeland Security Documents Show Massive Nationwide Monitoring of Occupy Movement

This set of released materials reveals intense involvement by the DHS' National Operations Center (NOC) in these activities.

(WASHINGTON DC) - Documents just obtained by the PCJF show massive nationwide monitoring, surveillance and information sharing between the Department of Homeland Security and local authorities in response to Occupy.

The PCJF made a series of FOIA demands regarding law enforcement involvement in the Occupy Crackdown.

Gotcha Again America

Looks like those days we have feared, where China takes the US without a single shot, may have begun.

(HARRISVILLE, N.H.) - We were told that the vast amounts of stimulus monies that had been set aside and earmarked were to be dedicated to bringing our economy back from the brink.

Why are these funds being spent to help Chinese industries and to provide jobs to Chinese workers when U.S. industries are hurting so badly and U.S. workers are losing their homes?

The Journey To Newcastle

F. Scott Fitzgerald: Ernest,the rich are much different from us.
Ernest Hemingway: Yes, I know. They have more money...

(SASKATCHEWAN) - The summer of 1938 was an incredible journey, perhaps the first of the many discoveries that were to follow. But then, I was 10 years old and waiting only to see and understand.

My vision then may have been clearer than I thought it would be later, until I reached the faltering clarity that comes with age.