Jesse Eisinger

ProPublica reporter Jesse Eisinger says that the government undermines the notion of equity and fails to deter crime when it allows large corporations to settle lawsuits by paying fines.

The Federal Reserve shrugged off warnings and let banks pay shareholders billions of dollars in dividends last years, despite warnings from the Federal Deposit Insurance Corp. ProPublica investigative reporter Jesse Eisinger says banks should have been forced to set aside the money as a rainy-day cushion.

ProPublica reporters Jake Bernstein and Jesse Eisinger recently won the Pulitzer Prize for their stories about the banks and hedge funds that realized what was happening to the U.S. economy while it was happening -- and then made vast fortunes by betting against the markets and creating fake demand.