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This article was first published in The Daily Banter

Last month, shareholders finally rebelled against Citigroup, the worst of the Too Big To Fail bailout disasters, by filing a lawsuit against outgoing chairman Dick Parsons and handful of executives for stuffing their pockets while running the bank into the ground.

Anyone familiar with Dick Parsons’ past could have told you his term as Citigroup’s chairman would end like this: Shareholder lawsuits, executive pay scandals, and corporate failure on a colossal scale. It’s the Dick Parsons Management Style. In each of the three companies Parsons was appointed to lead, they all failed spectacularly, and somehow Parsons and a handful of top executives always walked away from the yellow-tape crime scenes unscathed. (more…)

May 14th, 2012 | Comments (19)

eXiled Alert: eXiled Editor Yasha Levine Wins Award From The New York Press Association For His Story On Manhattan's Billionaire Farmers...

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.

April 18th, 2011 | Comments (9)

Manhattan's Welfare  Kings: How Billionaires Turned Farms Into Personal Tax Havens and Petty Cash Machines, Allowing Them to Give Less, While Taking More

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…

June 15th, 2010 | Comments (34)