In 2010, Pulitzer Prize-winning animator Mark Fiore created this humorous and poignant take on the BP oil spill.

Three years ago this week, a disastrous oil spill began in the Gulf of Mexico, eventually hemorrhaging 210 million gallons of Louisiana sweet crude into the water. Now the media has moved on and public anger has cooled, but the full extent of the damage is finally coming out—and it’s clear that the spill was even worse than we thought.

Newsweek:

"It’s as safe as Dawn dishwashing liquid.” That’s what Jamie Griffin says the BP man told her about the smelly, rainbow-streaked gunk coating the floor of the “floating hotel” where Griffin was feeding hundreds of cleanup workers during the BP oil disaster in the Gulf of Mexico. Apparently, the workers were tracking the gunk inside on their boots. Griffin, as chief cook and maid, was trying to clean it. But even boiling water didn’t work.

“The BP representative said, ‘Jamie, just mop it like you’d mop any other dirty floor,’” Griffin recalls in her Louisiana drawl.
...

Griffin did as she was told: “I tried Pine-Sol, bleach, I even tried Dawn on those floors.” As she scrubbed, the mix of cleanser and gunk occasionally splashed onto her arms and face.

Within days, the 32-year-old single mother was coughing up blood and suffering constant headaches. She lost her voice. “My throat felt like I’d swallowed razor blades,” she says.

Then things got much worse.

Like hundreds, possibly thousands, of workers on the cleanup, Griffin soon fell ill with a cluster of excruciating, bizarre, grotesque ailments. By July, unstoppable muscle spasms were twisting her hands into immovable claws. In August, she began losing her short-term memory. After cooking professionally for 10 years, she couldn’t remember the recipe for vegetable soup; one morning, she got in the car to go to work, only to discover she hadn’t put on pants. The right side, but only the right side, of her body “started acting crazy. It felt like the nerves were coming out of my skin. It was so painful. My right leg swelled—my ankle would get as wide as my calf—and my skin got incredibly itchy.”

We already knew that BP had lied about how much oil had gushed into the Gulf (210 million gallons, according to government estimates) , as lying to Congress was one of the 14 elonies to which BP pleaded guilty last year in a legal settlement with the DOJ. What is now finally coming to light thanks to an anonymous whistleblower, is how BP managed to hide such a massive amount of oil from the public, and the media.

Continue reading »

Matthew Keys, deputy social media editor of Thomson Reuters and former web producer at a Tribune Company-owned television station in Sacramento, Calif., has been charged in a federal indictment for allegedly conspiring with members of hacker group "Anonymous" to hack into a Tribune Company-owned website. A Justice Department press release said that Keys, 26, was charged with providing log-in credentials to a Tribune Company server and encouraging Anonymous members to disrupt the website. A hacker then made changes to a Los Angeles Times news feature. Keys could face up to 10 years in prison, three years of supervised release and a fine of $250,000 for each count if convicted.

Justice Department:

Matthew Keys, 26, of Secaucus, N.J., was charged in the Eastern District of California with one count each of conspiracy to transmit information to damage a protected computer, transmitting information to damage a protected computer and attempted transmission of information to damage a protected computer.

Keys was employed by Sacramento-based television station KTXL FOX 40, as its web producer, but was terminated in late October 2010.

The three-count indictment alleges that in December 2010 Keys provided members of the hacker group Anonymous with log-in credentials for a computer server belonging to KTXL FOX 40’s corporate parent, the Tribune Company. According to the indictment, Keys identified himself on an Internet chat forum as a former Tribune Company employee and provided members of Anonymous with a login and password to the Tribune Company server. After providing log-in credentials, Keys allegedly encouraged the Anonymous members to disrupt the website. According to the indictment, at least one of the computer hackers used the credentials provided by Keys to log into the Tribune Company server, and ultimately that hacker made changes to the web version of a Los Angeles Times news feature.

The indictment further alleges that Keys had a conversation with the hacker who claimed credit for the defacement of the Los Angeles Times website. The hacker allegedly told Keys that Tribune Company system administrators had thwarted his efforts and locked him out. Keys allegedly attempted to regain access for that hacker, and when he learned that the hacker had made changes to a Los Angeles Times page, Keys responded, “nice.”

Each of the two substantive counts carry a maximum penalty of 10 years in prison, three years of supervised release and a fine of $250,000. The conspiracy count carries a maximum penalty of five years in prison, three years of supervised release and a fine of $250,000.

The banking giant HSBC has escaped indictment for laundering billions of dollars for Mexican drug cartels and groups linked to al-Qaeda. Despite evidence of wrongdoing, the U.S. Department of Justice has allowed the bank to avoid prosecution and pay a $1.9 billion fine. No top HSBC officials will face charges, either.

Rolling Stone contributing editor Matt Taibbi, author of "Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History," joins Democracy Now! to discuss how the bankers escaped criminal prosecution for their actions.

"You can do real time in jail in America for all kinds of ridiculous offenses," Taibbi says. "Here we have a bank that laundered $800 million of drug money, and they can’t find a way to put anybody in jail for that. That sends an incredible message, not just to the financial sector but to everybody. It’s an obvious, clear double standard, where one set of people gets to break the rules as much as they want and another set of people can’t break any rules at all without going to jail."

"Now, how did Forbes put it, Matt," asks Amy Goodman. "What’s a bank got to do to get into some real trouble around here?"

"Exactly, exactly," begins Taibbi. "And what’s amazing about that is that’s Forbes saying that. I mean, universally, the reaction, even in—among the financial press, which is normally very bank-friendly and gives all these guys the benefit of the doubt, the reaction is, is "What do you have to do to get a criminal indictment?" What HSBC has now admitted to is, more or less, the worst behavior that a bank can possibly be guilty of. You know, they violated the Trading with the Enemy Act, the Bank Secrecy Act. And we’re talking about massive amounts of money. It was $9 billion that they failed to supervise properly. These crimes were so obvious that apparently the cartels in Mexico specifically designed boxes to put cash in so that they would fit through the windows of HSBC teller windows. So, it was so out in the open, these crimes, and there’s going to be no criminal prosecution whatsoever, which is incredible."

A full transcript of the discussion below the fold.

Continue reading »

Protesters gathered at an vacant and neglected bank-owned home in southeast San Diego on Tuesday to collect debris and transport it to a local bank, where they had hoped to make a "deposit."

They hoped that their efforts would send a message to Bank of America, the reported owner of the property: "Clean up your mess."

The protesters, members of Alliance Of Californians For Community Empowerment, a homeowner advocate group, organized the protest to underscore the filth and possible unwanted behavior that could infiltrate communities as a result from a bank's failure to maintain a vacant foreclosed property.

Members of the group also used the event to push for a city ordinance that would require banks to enter every home in the foreclosure process into a registry. The proposed measure would also fine lenders if they do not properly maintain those homes.

More on this here.

"The mob learned from Wall Street," comments Eliot Spitzer on the "cartel-style corruption" behind the Libor scam.

On Current TV's "Viewpoint" recently, host Eliot Spitzer, Matt Taibbi, Rolling Stone contributing editor, and Dennis Kelleher, president and CEO of Better Markets, analyze the Libor interest rate--rigging scandal engulfing the banking industry.

Barclays CEO Bob Diamond recently resigned after the bank was fined $453 million for its part in the scandal, which involved manipulating the London Interbank Offered Rate (Libor), a key global benchmark for interest rates, by essentially "faking their credit scores," according to Taibbi. And as Taibbi explains, Barclays couldn't have acted alone.
...

Kelleher argues that the Libor scandal is proof that the financial industry "is corrupt and rotten to its core." "The same executives [using] the same business model that crashed the entire financial system in '08 are still running these banks," he says.
...

"It can't just be Barclays and the Royal Bank of Scotland. In fact, it can't even be four banks or even five banks," Taibbi says. "Really, in the end it's probably going to come out that it's going to be all of them ... involved in this. And that's what's critical for people to understand: that this is a cartel-style corruption."

For much more on this, start with Matt Taibbi here.

Our nation has taken yet another giant step backwards with the criminalization of poverty.

Via:

How did breast cancer survivor Lisa Lindsay end up behind bars? She didn't pay a medical bill -- one the Herrin, Ill., teaching assistant was told she didn't owe. "She got a $280 medical bill in error and was told she didn't have to pay it," The Associated Press reports. "But the bill was turned over to a collection agency, and eventually state troopers showed up at her home and took her to jail in handcuffs."

Although the U.S. abolished debtors' prisons in the 1830s, more than a third of U.S. states allow the police to haul people in who don't pay all manner of debts, from bills for health care services to credit card and auto loans. In parts of Illinois, debt collectors commonly use publicly funded courts, sheriff's deputies, and country jails to pressure people who owe even small amounts to pay up, according to the AP.

Under the law, debtors aren't arrested for nonpayment, but rather for failing to respond to court hearings, pay legal fines, or otherwise showing "contempt of court" in connection with a creditor lawsuit. That loophole has lawmakers in the Illinois House of Representatives concerned enough to pass a bill in March that would make it illegal to send residents of the state to jail if they can't pay a debt. The measure awaits action in the senate.

Illinois isn't the only state locking up residents for being too poor to pay their bills. A report from the ACLU found that Georgia, Louisiana, Michigan, Ohio, and Washington were also doing this, and at "increasingly alarming rates."

A report from the New York University's Brennan Center for Justice found that states are also adding "poverty penalties," including late fees, payment plan fees, and interest:
.

Alabama charges a 30 percent collection fee, for instance, while Florida allows private debt collectors to add a 40 percent surcharge on the original debt. Some Florida counties also use so-called collection courts, where debtors can be jailed but have no right to a public defender.

Being denied a public defender seems to me would be a violation of the Constitution, but I'm no law expert. Any of you legal eagles want to weigh in?