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DOJ Fails again to Go After Banks; $42B Tax Breaks for Insiders

Saturday, December 27, 2014 19:30
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(Before It's News)

 

DOJ Misses Another Opportunity to Go After Banks. Obama administration quietly gave a $57 million award to a whistleblower regarding the Countrywide and Bank of America mortgage scandal.

 

42 Billion in Tax Breaks Favoring Corporations Extended. This is a Christmas present for the tax lobby and Washington insiders, hardly a way to encourage investments with tax incentives, says James Henry, Senior Economist for the Tax Justice Network.

 

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