You just knew it had to be one of those brie-biting, Sartre-spewing, overly-garlicked Frenchmen who pushed the Earth's finance system over a cliff.
This week, US prosecutors finally began the trial of the only person on the entire planet whom they have charged with the financial crimes that sank worldwide stock markets by trillions in 2008 and left millions homeless and jobless, from Detroit to Manchester.
Amazingly, say prosecutors, it all came down to a single Frenchman, Fabrice "Fabulous Fab" Tourre, only 29 years old at the time. Even Julius Caesar waited until he turned 51 to bring the known world to its knees.
Here's the story which his defence team does not dispute:
In August 2007, hot-shot hedge fund manager John Paulson walked into Goldman Sachs with a (Show me more...)
Go ahead and shoot me. It’s hopeless. My War on Stupid is facing defeat on every front.
I open up the New York Times and there’s a page one story about Anthony Weiner, who is now ahead in the race for Mayor of New York.
The article is 17 column inches long. I measured. The entire profile of the candidate – every bumpy, veined inch of it – is about Mr Weiner’s penis.
It is, I admit, a really famous penis. Weiner was a Congressman until two years ago when he resigned because he sent a 21-year-old woman photos of his wiener (modestly bulging from his underpants) via Twitter. Weiner was forced to resign from Congress.
Now he’s back, with a front-runner status conferred by the name-recognition care of the exposure of his jockey shorts.
New York’s school system, with one million students, is desperately screwed up. What is Weiner’s position on privatizing the schools through the “charter” system? The Times won’t tell us. It’s all about Weiner’s weenie. The Times only asks voters if they will forgive him for showing young ladies (Show me more...)
They might as well have burned a cross on Dr. King's grave. The Jim Crow majority on the Supreme Court just took away the vote of millions of Hispanic and African–American voters by wiping away Section 4 of the Voting Rights Act of 1965.
I'm so angry, so distraught by this, that I've asked my foundation to release my film, 'Election Files, for free. This is a no-BS, no charge download of my series of investigative reports for BBC Television and Rolling Stone.
Furthermore, I'm directing the Palast Investigative Team to drop all other work for a ‘round-the-clock investigation of the Theft of 2014 and 2016 elections that the Supreme Court's ruling sets in motion. Help us, join us.
When I say "millions" of voters of color will lose their ballots, I'm not kidding. Let's add it up.
Last year, the GOP Secretary of State of Florida Ken Detzner tried to purge 180,000 Americans, mostly Hispanic Democrats, from the voter rolls. He was attempting to break Katherine Harris' record.
Detzner claimed that all these Brown folk were illegal "aliens."
But Section 4 of the Voting Rights Act requires that 16 states with a bad history of blocking Black and Brown voters must "pre-clear" with the US Justice Department any messing around with voter rolls or voting rules. And so Section 4 stopped Detzner from the racist Brown-out.
On Tuesday, the Supreme Court finally busted the Arizona election law that was supposed to keep "alien" (i.e. Democratic) voters off the voter rolls. Two years ago, we flew to Arizona to bust this bogus game. Here's the original report ...
About the time Barack Obama ordered the drone strike that killed Abdul-Rahman al-Awlaki, the 16-year-old American kid Facebooked his second-rate choice of hip-hop favorites. I say "second-rate," because Abdul was my son's age almost exactly, so I know the kind of crap they listen to.
Every Tuesday, President Obama personally checks off the names of people he wants killed. George Bush, a bit more squeamish than Obama, never did that; but Mr. Obama felt those decisions were the president's responsibility: he want[s] to keep his own finger (Show me more...)
Jim Crow is alive and well — and he has mounted a new attack on the law Martin Luther King dreamed of: the Voting Rights Act.
This month, as early as Wednesday, the Supreme Court will decide on the suit brought by Shelby County, Alabama, which challenges the right of the Department of Justice to review changes in voting procedure.
Sixteen states are subject to this “pre-clearance” law, every one with a history of Jim Crow rules such as “literacy” tests — Blacks had to recite the Constitution, Whites “Mary Had a Little Lamb.”
But Jim Crow is still alive and well in these states.
Examples: Attempts to cut the number of early voting days, to expunge “illegal alien” voters without any evidence, refusing Spanish-language ballots, have been blocked by the Department of Justice and courts because they have stopped Black and Hispanic citizens casting ballots.
Dixie moans it’s been picked on unfairly, but the “pre-clearance” states, chosen by an arithmetic formula, include all or parts of the “Confederate states” of California, Arizona, Alaska and New York. (Show me more...)
It wasn't too difficult picking out the Fat Bastard in the crowd of Russian models, craven moochers and media mavens. Besides, Fat Bastard and I were both desperate for coffee and heading for the same empty urn.
(We'd both signed on for Kazakhstan's annual Eurasia Media Forum, a kind of Burning Man festival for Eastern oilgarchs and their media camp followers.)
Now, it is my policy never to mention an interlocutor's weight, nor question the legitimacy of their birth, given my own vulnerabilities. (A would-be groupie told me, "You could do a few sit-ups, you know." Yes, I know.)
But this particular Fat Bastard is asking for it. I had tried to put the belly of this beast out of my thoughts, but I still had a New York Times story folded in my pocket that begins:
ATHENS – As an elementary school principal, Leonidas Nikas is used to seeing children play, laugh and dream about the future. But recently he has seen something altogether different, something he thought was impossible in Greece: children picking through school trash cans for food; needy youngsters asking playmates for leftovers; and an 11-year-old boy, Pantelis Petrakis, bent over with hunger pains.
Fat Bastard – or Theodoros Pangalos, thinks the little Greek kiddies should (Show me more...)