Department of Justice

Tyler Durden's picture

Bailout World: Volkswagen "Cheating" Fine Is 20 Times Higher Than GM's For 'Killing 174 People'





When bailout-darling GM 'fessed up to an intentional ignition-switch defect, tied to at least 174 deaths, The Justice Department fined them $900 million (and no employees faced criminal charges). So, in this consequence-less world in which we live, when Volkswagen admits to literally cheating emissions-standards tests, it faces up to $18 billion in fines from The EPA, one has to wonder whether "we" have our priorities right?

 
Sprott Money's picture

U.S. ‘Justice’ Department Proclaims Big Banks Have A License To Steal





First we had “too big to fail”. Then came “too big to jail”. Now, finally, the U.S. Department of “Justice” is letting us know what it really thinks: U.S. Big Banks simply have a license to steal.

 
Tyler Durden's picture

How The Justice Department Is Actively Preventing Civil Asset Forfeiture Reform





When we say that the rule of law is dead in America, we are not exaggerating. Civil asset forfeiture is one of the most unethical and barbaric practices routinely performed by law enforcement in these United States today. Naturally, the Department of Justice is doing everything it can to protect the practice.

 
Tyler Durden's picture

Public School Students Are The New Inmates In The American Police State





If you want a nation of criminals, treat the citizenry like criminals. If you want young people who grow up seeing themselves as prisoners, run the schools like prisons. But if you want to raise up a generation of freedom fighters, who will actually operate with justice, fairness, accountability and equality towards each other and their government, then run the schools like freedom forums. Remove the metal detectors and surveillance cameras, re-assign the cops elsewhere, and start treating our nation’s young people like citizens of a republic and not inmates in a police state.

 
Tyler Durden's picture

Frontrunning: September 10





  • Compare: S&P 500 Futures Advance After U.S. Stocks Ignored Global Rally (BBG)
  • And contrast: Global Stock Rally Grinds to a Halt (BBG)
  • And be very confused: Global Stocks Lower on U.S. Interest Rate Uncertainty (WSJ)
  • Hilsenrath: Fed Wavers on September Rate Rise (WSJ)
  • Time for more QE: Abe Adviser Says Next Month Good Opportunity for BOJ Easing (BBG)
  • Brazil downgraded to junk rating by S&P, deepening woes (Reuters)
  • Kiwi dollar tumbles after New Zealand cuts interest rates (Reuters)
 
Tyler Durden's picture

Denver Police Arrest "Jury Nullification" Activist For Passing Out Informational Pamphlets





Most of you will be familiar with the concept of jury nullification. Unfortunately, the vast majority of Americans are not. This is precisely why Mark Iannicelli set up a “Jury Info” booth outside the Lindsay-Flanigan Courthouse in Denver. When you recognize the vast power that such a concept holds, you recognize why it would be so hated by statists and authoritarians across the land. That is precisely why Mr. Iannicelli was arrested and charged with handing out information.

 
Tyler Durden's picture

Introducing The Gigantic And Dangerous Wall Street Loophole You’ve Never Heard Of





The following story is guaranteed to make you sick. Once again, we’re shown that following trillions in taxpayer funded bailouts and backstops, TBTF Wall Street banks immediately went ahead and focused all their attention obtaining loopholes in order to transfer risk and make billions upon billions of dollars in the financial matrix, as opposed to adding any benefit whatsoever to society.

 
Tyler Durden's picture

Paul Craig Roberts: "America Is A Gulag"





America is a gulag. We are ruled by a government that is devoid of all morality, all integrity, all compassion, all justice. The government of the United States stands for one thing and one thing only: Evil. You are part of the new Captive Nation.

 
Tyler Durden's picture

Americans Are Finally Waking Up To "False Flag" Terror





Governments from around the world admit they carry out false flag terror. People are slowly waking up to this whole con job by governments who want to justify war. More people are talking about the phrase “false flag” than ever before.

 
Tyler Durden's picture

New York Hedge Fund Och-Ziff Under Investigation For Bribery In $100M "Loan" To Zimbabwe Dictator Mugabe





In this case, it’s not just about theft and destroying the world economy. Giant financial firms can apparently just “settle” even when grotesque human rights abuses occur. This is how “justice” works in America.

 
Tyler Durden's picture

Hillary Clinton's FBI Investigation Is A "Criminal Probe": Post





Moments ago a far less liberal outlet than either the WaPo or the NYT, came out with its own interpretation of the ongoing FBI escalation involving Hillary, and according to the NY Post, "the FBI investigation into former Secretary of State Hillary Rodham Clinton’s unsecured e-mail account is not just a fact-finding venture — it’s a criminal probe, sources told The Post on Wednesday."

 
Tyler Durden's picture

Friday Humor: The Trump White House & Cabinet





Having told Jimmy Kimmel that he "would love to" appoint Sarah Palin to his cabinet, The Washington Post asks (and answers), just what would a trump cabinet look like?

 
Tyler Durden's picture

In Latest Market-Rigging Scandal, ITG Busted For Frontrunning Clients In Its Dark Pool





Since the market is once again on the verge of a terminal liquidity seizure with its associated side-effects (see China for details), the authorities needed to remind the "market" just who the scapegoat will be when the next crash finally does come. Which is why earlier today in an unexpected "preliminary second quarter guidance" release, ITG, owner of the Posit dark pool, was just busted with a $22.6 million potential SEC settlement for what appears to have been blatant frontrunning of company clients in its own prop trading pod. But what is particularly amusing in this case is that while everyone knows that when it comes to HFT's, it is never called "rigging" - the proper nomenclature is "glitch", so now we learn a new term to use instead of "criminal frontrunning" - drumroll... trading experiment,

 
Syndicate content
Do NOT follow this link or you will be banned from the site!