Masters of the Universe category archive

Excerpt:

There is one thing corporations have in common with the rest of us. They don’t like to pay taxes. Fortunately, they rarely have to.

Video below the fold in case it autoplays.

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Another bank blanked. Bank no more on

GreenChoice Bank, fsb, Chicago, Illinois.

It is kaput, defunct, all gone.

Via the Bob and Chez After Party.

Via Progressive Populist.

Another bank gets blanked. Bank no more on

Eastside Commercial Bank, Conyers, Georgia

At Delaware Liberal, one of the regulars compares persons and “corporate persons” and wonders which gets the “Get Out of Jail Free” card. A nugget:

Harming Neighbors-Real people harming neighbors, like throwing garbage in their gutter or flooding the neighborhood with the garden hose, can be sued, stopped by health authorities or given restraining orders. Corporate people go on for years polluting neighbors with toxins and it requires a monumental, expensive legal effort to stop or restrain them. Often they are excused because they “give people jobs”.

Follow the link. The whole post is worth your while.

“Corporate personhood” is a Frankenstein’s monster which, like its original, has the potential to destroy its creators while laying waste to the polity and its environs–and its environment.

Also, pigs, wings.

After a 16-year struggle, Nationwide gets adjudged to pay a $25,000 claim, plus $18,000,000 in punitive damages, described in the story as the largest punitive damages award against an insurance company for “bad faith” dealings in Pennsylvania history.

The judge in the case determined that Nationwide spent more than $3 million to defend a claim over a Jeep it could and should have replaced for $25,000.

He found that the Jeep remained unsafe even after repairs.

Rather than replace it, he said, Nationwide had engaged in an extensive cover-up, hiding crash photos and other relevant information from Berg and her husband.

He said Nationwide followed a written “litigation strategy” that called for it to fight smaller claims tenaciously – even though such a strategy had been denounced by Pennsylvania courts as “unethical and unprofessional.”

Follow the link for more, including delightful quotations from the judge’s ruling.

Via Kos.

Via Kavips.

More banks blanked.

Valley Bank, Fort Lauderdale, Florida
Valley Bank, Moline, Illinois

It’s difficult to tell from the press releases whether the valleys are related.

Via Job’s Anger.

They have ways to get out of jail for free.

Cenk is sometime a bit over-the-top, even for me, but not here.