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Thom's blog
What will be Wall Street’s punishment for fraudulently manipulating the LIBOR?
An analysis by Morgan Stanley finds that Wall Street stands to be hit with at least $22 billion in penalties over its involvement in rigging key interest rates that underlie trillions of dollars of investments around the world. But that’s a low number – as hundreds of thousands of litigants – from individuals, to cities, to businesses – might have cases against the banks as this investigation continues – and it’s learned just how much money the banks stole from everyone else over the last few decades.
If the claims against the banks get too high, then Wall Street may need another bailout just to cover for their crimes. This will be a make-or-break moment for our nation – an opportunity for “we the people” to once and for all end Wall Street’s domination of our economy – and turn banking back into a safe, useful, and boring industry once again. Keep an eye on this because, as this scandal grows, so does our opportunity to clamp down on Wall Street.
-Thom
(What do you think the punishment should be? Tell us here.) |
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Tonight on The Big Picture on RT TV at 9pm and 11pm... Lori Wallach, Director-Public Citizen's Global Trade Watch / Attorney (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Conversations with Great Minds - Lori Wallach, Director-Public Citizen's Global Trade Watch / Attorney 
The Big Picture Rumble:- S.E. Robinson, Freelance Journalist, The Paul Revere Project - Marc Harrold, Libertarian Commentator / Attorney / Author-"Observations of White Noise…an ‘Acid Test’ for the First Amendment" - Nicole Williams, Democratic Strategist / Attorney
Daily Take: A Coming Civil War between the Makers & the Takers?
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Friday on The Thom Hartmann Program, 3-6pm ET
Hour One: If it's Friday, it's "Brunch With Bernie"... the honorable Senator Bernie Sanders (I-VT) will be here with all the news from our nation's capitol and as always he'll be spending the hour taking your calls and answering your questions too...
Hour Two: Anything Goes on Townhall Friday
Hour Three: Anything Goes on Townhall Friday
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...TAG, YOU'RE IT!!!!!!!!! (OCCUPY SOMETHING!!!!!)
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Thursday's Daily Stack 
Quote: "You know that being an American is more than a matter of where your parents came from. It is a belief that all men are created free and equal and that everyone deserves an even break." -- Harry S. Truman.
Hour One: Did Electronic Voting Machines Keep Scott Walker in Office?
The Big Picture- Sam Sacks, The Big Picture producer, progressive commentator
Article: "Michigan Republican governor vetoes broader voter ID law" by Reuters.
Hour Two: Fighting Citizens United in Ohio- Senator Sherrod Brown (D-OH)
Will R.I.'s "disclosure act" keep them out?- Dan Gainor, Business and Media Institute 
Hour Three: Walker Recall...were WI voting machines tampered with?- Adam Porton, Wisconsin Wave
Geeky Science Rocks When it comes to your brain & altruism...size DOES matter
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Monday on The Thom Hartmann Program, 3-6pm ET
We'll have the latest on the Senate's upcoming vote on the Disclose Act...
Hour Two: "Socialized Europe? Try Socialized America"- Christopher Markowski, CEO of Markowski Investments & host of the nationally syndicated radio show "The Watchdog on Wall Street"
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...TAG, YOU'RE IT!!!!!!!!! (OCCUPY SOMETHING!!!!!)
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Thom's Poll
Could the LIBOR scandal bring down the entire financial system?
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Watch & Listen to Thom
Bain: Romney caught Lying Again & Again & Again...
Do We Need the Disclose Act or a Constitutional Amendment?
How Should Free Markets Deal w/Wealth Inequality?
Crazy Alert! The Biggest Loser - Marathon Sexercise Edition!
American Entrepreneurship has Declined 53% Since Reagan!
Geeky Science! The Brain & Altruism...Size DOES Matter
Your Take/My Take - Ron on the Wealthy Elite
The Good, The Bad and the Very Very Ludibriously Ugly!
Thom Hartmann on the News - July 12, 2012
Did Electronic Voting Machines Keep Scott Walker in Office?
Thom Hartmann Vs. Dan Gainor - Battle of the SuperPACs
Thom convinces a Republican that he is right on voter ID
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 Would you like to help give a child with a very troubled background this feeling of peace? Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook. |
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Show Info
Call Thom on the show at 1-866-987-THOM (8466) (0870 974 9686 from the UK, +1 503 796 2324 from outside the US or UK).
Sign up for Thom's podcasts.
Come on over to the free chat room, where Thom hangs out during the show.
Join in the discussions on Thom's free message board.
Blog or upload videos or audios at Thom's community.
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Hello All