This article is cross-posted from Naked Capitalism.
New York Attorney General Eric Schneiderman has been celebrated as the progressive Great White Hope. But the danger of assuming leadership is that that individual becomes a target both of attacks and of seduction. And while I’d like to think better of Schneiderman, an announcement earlier this evening has strong hallmarks of Schneiderman falling prey to the combined pressures and blandishments of the Administration and its allies.
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An investigation by eXiled Editor Yasha Levine helped The New York Press snag an award in the 2010 Better Newspaper Contest for “Coverage of Business, Financial & Economic News” by exposing how wealthy Manhattanites, Wall St. traders and the Rockefellers milk taxpayers for billions in farm subsidies and tax breaks.
This article was first published on the CounterPunch website The breathlessly awaited government report that promised to shore up public confidence by explaining why the stock market briefly plunged 998 points on May 6, with hundreds of stocks momentarily losing…
This article was first published in the New York Press. Wall Street bankers and retired hedge fund billionaires have been talking about fiscal responsibility and deficit reduction, preparing the masses for austerity measures and cuts in social services—which we are…
