The Washington Independent

Tuesday, May 29th, 2012

Posts Tagged IndyMac

Another Former Enron Exec Heads to Prison – But Where Are the Bankers?

By | 09.29.09 | 9:11 am

This shouldn’t go by unnoticed: The former head of Enron’s failed Internet division was just sentenced to 16 months in prison, The Washington Post reports. Joseph Hirko, the former broadband unit CEO also agreed to pay $8.7 million in restitution. Prosecutors contend Hirko falsely promoted Enron’s broadband division to More…

Remembering the Roots of This Crisis – It Wasn’t Obama and Geithner

By | 03.20.09 | 2:08 pm

The outrage over AIG bonuses is dying down, but it is only being replaced by a blame game. According to critics, President Obama went too far in his populist pronouncements against banks, and his administration, led by Treasury Secretary Timothy Geithner, is bungling the rescue effort. Banking executives have More…