May
2012

Purchase Madonna’s Mansions for $28 Million

Madonna is rumored to have put the $28 million Beverly Hills mansion she purchased with former husband Guy Ritchie on the market.
Posted by Editor on 05/22/12  •  (0) Comments

The Privileges of Meritocracy

A terrific article by Gary Younge published in the Guardian discusses the intrinsic hidden social ties that connect political, legal, and corporate cultures on both sids of the Atlantic.

12 Year Old Takes On Canadian Banks

12 Year Old Victoria Grant delivered a verbal bashing of the Canadian Banking system at the Public Banking in America conference in Philadelphia last month. Her YouTube video has been viewed over 330,00 times.

Beau Sancy diamond sold for $9.7 million at auction

An anonymous bidder plunked down $9.7 million to win a diamond once worn by Marie de Medici at her coronation as Queen Consort of Henry IV in France in 1610.

Dimon reelected chairman and CEO of JP Morgan despite $2 billion loss

Jamie Dimon was reelected chairman and CEO of JPMorgan Chase by shareholders and given a base pay package worth $23 million.

Tagg Romney’s Private Equity Fund

In the shadow of Mitt Romney's failed presidential bid in 2008, his eldest son, Tagg, and a partner who happened to be Romney's primary fund-raiser, created a private equity fund called Solamere Capitol. Tagg Romney had zero experience in private equity, but he did have his family name and a hand-me-down Rolodex.

JP Morgan’s $2 Billion Loss Renews Calls for Bank Reform

Jamie Dimon CEO of JP Morgan has been fighting a pitched battle against bank reforms for the better part of his career. With the recent $2 billion JP Morgan betting loss, he's having a hard time trying to spin an excuse that will appease a fed up public.

Fraudulent tax refunds may hit $26 billion

Despite increased fraud prevention, the IRS is expected to issue $26 billion in fraudulent tax refunds tied to identity theft.

Big Business Fights Anti-Bribery Law

The U.S. anti-bribery law that Walmart "allegedly" decided to ignore has federal prosecutors across the country trying to conceal their erections. Hundreds of the nation's leading companies are facing similar charges.

Ryan Seacrest Tries To Unload His Hollywood Mansion Again

Ryan Seacrest, America's highest paid, subzero-talent "entertainer" recently put his Hollywood mansion back on the market with a $3 million discount.

$88 Million Dorm Room Bought to Hide Assets

Russian billionaire Dmitri Rybolovlev has been accused of fraud by his soon-to-be former wife for purchasing a 6,700 square foot apartment in New York City earlier this year to hide his assets.

Dominique Strauss-Kahn accused of gang rape

Former French finance minister and head of the IMF Dominique Strauss-Kahn is either the most railroaded public figure in history, or he needs to be locked in a prison cell.

Win or Lose Mayweather Guaranteed $32 Million

For his upcoming bought against Puerto Rican Champion Miguel Cotto, Floyd Mayweather Jr. has secured a $32 million dollar guaranteed payment, win, lose or draw.

Original Tale of Ann Romney’s $1K Blouse

Ann Romney is back in the news over her designer wardrobe and, as usual, people have the issue wrong.

Barcelona’s Working Class Battles Billionaires

Working class residents of Port Vell in Old Barcelona’s traditional

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Canadian banks received $114 billion in government handouts during recession

Turns out that the Canadian banking system, which was lauded for its stability

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Original Scream Poised To Set Record Sale

The only version of Edvard Munch's "The Scream" held in private hands is going

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Walmart Lobbied to Amend Anti-Bribery Law

Wallmart claims to have a zero-tolerance policy for corruption worldwide, yet

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Walmart CEO Earned $18 million in 2011

[AP] Mike Duke, the CEO of Wal-Mart Stores Inc., received a pay package in 2011

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GE Pays Zero Taxes on $14 Billion in Profits

[Weekly Standard] General Electric, one of America's oldest and largest

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2012 Most Expensive Homes For Sale in US

A round up of the most outrageously, criminally expensive real estate in the

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Walmart’s Mexico Expansion Bribery Scandal

The Associated Press reported this week that America's favorite discount store

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John Goodman Polo Club Founder Ordered to Pay $46 million DUI Settlement

John Goodman, the dirtbag founder of the International Polo Club Palm Beach and

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GSA Abuse Widens

WASHINGTON (AP) -- The General Services Administration's internal watchdog said

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94 Year Old Billionaire Marries to Procreate

Austrian billionaire Karl Wlaschek, 94, is planning to marry for the fifth time

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Rent a Celebrity!

"There is a celebrity for every budget". Celebrity booking agents can place

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Original Petition: Elections – Not Auctions

We want elections, not auctions! It costs so much to get elected to Federal

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How Mitt Romney Pays So Little In Taxes

Robert Reich explains in a revealing article and video how Mitt Romney makes so

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The Top 0.01% Versus The Top 1%

Scott Winship of the Brookings Institute helps us visualize income inequality

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Vile Quotes

"I'm not an angel but I'm not a crook. I have not done anything that any other public official hasn't done."
Jimmy Dimora

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Vile Comments

I seriously doubt that if Michaele was indeed a socialite she’d be employed as a
receptionist, department store clerk or makeup artist… Paris Hilton she is not….
These two are posers who don’t pay their bills and are taking this reality/celebrity train
for all its worth…They are both idiots.

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