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Too-Big-To-Fail Banks Have Raked In $102 Billion In Subsidies Since 2009: Report

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America’s biggest banks want you to believe that they get no special advantage, no subsidies, from being too big to fail. And yet people keep finding evidence of those subsidies.

The latest is World Bank economist Deniz Anginer, in a study for Bloomberg Markets magazine. Anginer estimates that the six biggest U.S. banks have saved $82 billion in borrowing costs since 2009 because investors believe the government will never let them fail and thus don’t charge as much to lend them money as they do smaller banks. The report will be published in the June issue of the magazine.

Together with dirt-cheap government borrowing programs, Bloomberg estimates these banks — JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley — have saved $102 billion since 2009 because of their size advantage.

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Too Big To Fail Subsidies

A new study tries to estimate the subsidies enjoyed by too-big-to-fail banks. (Victor J. Blue/Bloomberg via Getty Images)

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http://www.huffingtonpost.com/2013/05/10/too-big-to-fail-subsidies_n_3252879.html?ref=topbar

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Julian Assange – Wikileaks

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Julian Assange, editor-in-chief for whistleblower site Wikileaks, took the stage in July 2010 for a surprise Q&A with TED’s Chris Anderson to discuss the aims of the site, how it operates and what it has accomplished.

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!JulianAssange1

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.Click link below for Ted talk video:

http://www.huffingtonpost.com/2012/02/28/best-ted-talks_n_1307131.html#s733860&title=Julian_Assange

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James Lohr Arrested In Connection To Murder Of Colorado Corrections Director Tom Clements

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http://www.huffingtonpost.com/2013/04/05/james-lohr-arrested-tom-clements-murder_n_3019575.html?ref=topbar

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Ashley Delvalle Allegedly Impersonates Nurse, Molests Child

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A Philadelphia woman is accused of posing as a nurse and assaulting a patient at a children’s hospital.

Ashley Delvalle, 24, allegedly walked into patients’ rooms at St. Christopher’s Hospital Tuesday, telling parents that she was a nurse assigned to perform examinations, CBS reported.

Police in Pennsylvania say Delvalle weighed one child, and inappropriately touched another child. In the second case, Delvalle allegedly told the boy’s mother that she was checking him for bed bugs, according to WPVI.

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Ashley Delvalle

Ashley Delvalle, 24, has been charged with assault.

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http://www.huffingtonpost.com/2013/04/05/ashley-delvalle-impersonates-nurse-fake-molests-child_n_3021448.html?ref=topbar

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Trayvon Martin’s Family Settles Wrongful Death Suit

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Trayvon Martin’s family has reached a settlement in a wrongful death suit they filed against the homeowners association of the sub-division where Martin was killed, the Orlando Sentinel reports.

Martin was shot to death just steps from his father’s home on Feb. 26, 2012, by volunteer neighborhood watchman George Zimmerman. The case drew national attention last year as the Sanford Police Department vacillated on whether to file charges against Zimmerman, who indicated that he’d shot Martin only after being attacked. Zimmerman has been charged with second degree murder and is currently awaiting trial.

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The fatal shooting of unarmed black teenager Travyon Martin by neighborhood watch volunteer George Zimmerman led to nationwide protests calling for the shooter’s arrest.

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http://www.huffingtonpost.com/2013/04/05/trayvon-martin-wrongful-death-suit_n_3022300.html?icid=maing-grid7|myaol|dl1|sec1_lnk3%26pLid%3D294498

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Cryonic Preservation After Death: What Does The Science Say? (VIDEO)

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http://www.huffingtonpost.com/2013/03/18/cryonics-death-video_n_2883492.html?ref=topbar

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RNC Growth And Opportunity Project Report: Voters See GOP As ‘Scary,’ ‘Narrow Minded’

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http://www.huffingtonpost.com/2013/03/18/rnc-growth-and-opportunity-project_n_2899594.html

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Las Vegas Strip Shooting: Female Person of Interest Located

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Las Vegas police have located and interviewed a woman they identified as a person of interest in the Las Vegas strip attack that killed rapper Kenny Clutch in his Maserati and two other people in a taxi.

Police were searching for Tineesha Lashun Howard, 22, in addition to prime suspect and fugitive Ammar Harris, 26, who is the subject of a nationwide manhunt.

Howard’s criminal record includes arrests for soliciting prostitution, trespass, possession of a stolen vehicle and grand larceny trick roll, which is when a prostitute steals money or other property from a customer.

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~~~~VegasStrip1

Tineesha Lashun Howard, 22, right and Ammar Harris, 26, are seen in this undated police handout photo. Ammar Harris, 26, is the subject of a nationwide manhunt for the Feb. 21 Last Vegas strip shooting that left three people dead and several wounded. (Las Vegas Metropolitan Police Department)

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http://abcnews.go.com/US/las-vegas-strip-shooting-female-person-interest-located/story?id=18617786

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Manitoba Rock Machine Arrests: Canadian Biker Gang Chapter Swept Up In Police Raid

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This gang no longer has street cred — because the gang is off the streets.

The Canadian RCMP dismantled the Winnipeg chapter of the Rock Machine motorcycle gang in a raid on Wednesday, the Brandon Sun reports. Police arrested 11 people and seized some 1,800 pills of synthetic ecstasy, cocaine, marijuana, pipe bombs, gang clothing and guns.

The RCMP raided two homes Wednesday morning and arrested the suspects. One of the homes, on Wall Street in Winnipeg, had to be closed for several hours because explosives were found there, the CBC reports.

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Manitoba Rock Machine

The RCMP seized 1,800 pills of synthetic ecstasy, gang clothes, guns, explosives and boxes of cash in their raid on Wednesday.

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http://www.huffingtonpost.com/2013/01/31/manitoba-rock-machine-gang-arrested_n_2592079.html?utm_hp_ref=crime#slide=961201

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Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing (VIDEO)

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http://www.huffingtonpost.com/2013/02/14/elizabeth-warren-bank-regulators_n_2688998.html?utm_hp_ref=mostpopular

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