Les Leopold — The Ten Most Outrageous Economic Calamities of 2012

From blatant robbery to money laundering, here are the biggest scandals of 2012 banking history.

It was another year of Wall Street treachery. Those who took down our economy still have not been held accountable. Instead, Wall Street successfully lured the political establishment into a phony fiscal cliff/austerity debate. So instead of creating programs to put millions of Americans back to work, Washington is debating how much more to take away from the poor and the middleclass. Let's take a closer look at the most disastrous economic events from 2012.

AlterNet
The Ten Most Outrageous Economic Calamities of 2012
Les Leopold, author of The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It, Chelsea Green Publishing, June 2009