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October 6, 2015
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Tag: Wall St

This Is How We Should Punish Bank Felons

What exactly does it mean for a big Wall Street bank to plead guilty to a serious crime?

Posted on Jun 22, 2015 READ MORE

Isolated Incident

Posted on May 23, 2015 READ MORE

VIDEO: Busting Up Wall Street Is Step 4 in Saving the Economy

When Americans think of how the economic rules are stacked against them, they naturally think of Wall Street, which is back to many of its old tricks. Its lobbyists are now busily rolling back the Dodd-Frank Act—legislation intended to prevent another crash.

Posted on May 19, 2015 READ MORE

Mikey Wally (CC BY-NC-ND 2.0)

How the Trans-Pacific Partnership Is Just More Trickle-Down Economics

By now we should know that when big corporations, Wall Street and the wealthy get special goodies, the rest of us get shafted. Yet here comes the Trans-Pacific Partnership.

Posted on May 5, 2015 READ MORE


Posted on May 4, 2015 READ MORE

Will Hillary Rodham Clinton Deliver on Her Promise to Be a ‘Champion’ for ‘Everyday Americans’?

If Hillary Clinton is to get the mandate she needs to get the United States back on track, she will have to be clear with the American people about what is happening and why—and what must be done. 

Posted on Apr 14, 2015 READ MORE

If Elizabeth Warren Is President

Posted on Feb 16, 2015 READ MORE

Do Workers Truly Get What They’re Worth in the Market?

My recent column about the growth of on-demand jobs like Uber making life less predictable and secure for workers unleashed a small barrage of criticism from some who contend that workers get what they’re worth in the market.

Posted on Feb 10, 2015 READ MORE

Economic Growth

Posted on Feb 9, 2015 READ MORE

The Middle Class Can’t Be Saved Unless Wall Street Is Tamed

Do we really need reminding about what happened six years ago?

Posted on Jan 27, 2015 READ MORE

Workers Keep Getting Shafted and Wages Won’t Rise; What’s Going On?

Jobs are coming back, but pay isn’t.

Posted on Jan 14, 2015 READ MORE

Secret Santa

Posted on Dec 25, 2014 READ MORE

Citigroup Democracy

Posted on Dec 18, 2014 READ MORE

How Inside Traders Are Rigging America and Contributing to the Savage Inequalities of American Life

Major players on Wall Street have been making tons of money not because they’re particularly clever but because they happen to be in the realm where a lot of coins come their way.

Posted on Dec 18, 2014 READ MORE

Wall St. Cushion

Posted on Dec 15, 2014 READ MORE

The Elizabeth Warren Speech That Has Everyone Talking

The Massachusetts senator sure won’t let big banks get away with the kind of blatant robbery other members of Congress seem perfectly happy to allow.

Posted on Dec 15, 2014 READ MORE

Who’s Afraid of Occupy Wall Street? Apparently, the Red Cross

Red Cross responders say there was a ban on working with the widely praised Occupy Sandy relief group because it was seen as politically unpalatable.

Posted on Dec 15, 2014 READ MORE

Bank Torture

Posted on Dec 13, 2014 READ MORE

Don’t Blame Republicans for Wall Street’s Scams; Democrats Are Also at Fault

America can’t tackle widening inequality without confronting the power and privilege lying behind it.

Posted on Dec 9, 2014 READ MORE

How Much Control Does Goldman Sachs Have Over the Federal Reserve?

A confidential report and a fired examiner’s hidden recorder penetrate the cloistered world of Wall Street’s top regulator—and its history of deference to banks.

Posted on Sep 26, 2014 READ MORE

The Disease of American Democracy

Most Americans feel powerless, and assume the political game is fixed. So why bother?

Posted on Aug 19, 2014 READ MORE

How Wall Street Tobacco Deals Left States With Billions in Toxic Debt

Politicians wanted upfront cash from a legal victory over Big Tobacco, and bankers happily obliged. The price? A handful of states promised to repay $64 billion on just $3 billion advanced.

Posted on Aug 9, 2014 READ MORE


Posted on Aug 8, 2014 READ MORE

Couch Potato Congress

Posted on Aug 7, 2014 READ MORE

GOP Par for the Course

Posted on Aug 6, 2014 READ MORE

The Disconnect Between Workers’ Pay and Social Worth

Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?

Posted on Aug 4, 2014 READ MORE

The Rise of the Nonworking Rich

The real nonworkers are the wealthy who inherit their fortunes. And their ranks are growing.

Posted on Jul 16, 2014 READ MORE

Hillary’s Hardest Choice (and the Democrats’ Dilemma)

What’s the reason for the tempest in the teapot of Hillary and Bill Clinton’s personal finances?

Posted on Jun 30, 2014 READ MORE

Wall Street’s Buying the World’s Water Supply at an Alarming Pace

“Water barons” may soon own every drop of H2O left on earth; techies may be responsible for women getting pushed out of journalism; meanwhile, no one seems to want to host the 2022 Winter Olympics. These discoveries and more after the jump.

Posted on May 31, 2014 READ MORE


Study: Highest-Paid University Presidents Benefit From Soaring Student Debt and Low-Wage Adjuncts

It seems there’s no coincidence that the university administrators with the fattest paychecks head schools in which students and adjuncts have the most to lose.

Posted on May 20, 2014 READ MORE

Frederic Legrand /

Tim Geithner and the Wall Street Bailout Redux

Timothy Geithner’s new book about the financial crisis, “Stress Test,” is basically an argument that the Wall Street bailout succeeded.

Posted on May 14, 2014 READ MORE


The Six Principles of the New Populism (and the Establishment’s Nightmare)

More Americans than ever believe the economy is rigged in favor of Wall Street and big business and their enablers in Washington.

Posted on May 7, 2014 READ MORE

No, Greed Is Not Good. So Why Do We Act Like It Is?

Avarice has become widely accepted in today’s world; violinists prefer new instruments to old, prized ones in a blind test; meanwhile, Glenn Greenwald reveals that information similar to the Cuban Twitter scandal appears throughout the Snowden files. These discoveries and more after the jump.

Posted on Apr 8, 2014 READ MORE

Wall Street Rigged

Posted on Apr 7, 2014 READ MORE

Nancy Pelosi (CC BY 2.0)

Friday’s Jobs Report and the Supreme Court’s McCutcheon Debacle

What does the Supreme Court’s McCutcheon decision this week have to do with Friday’s jobs report, showing 192,000 new jobs for March?

Posted on Apr 5, 2014 READ MORE

Vietnam’s Solution for Corrupt Bankers: Firing Squads

For the most part, American bankers whose rash pursuit of profit brought on the 2008 global financial collapse didn’t get indicted. They got bonuses.

Posted on Apr 3, 2014 READ MORE

Themeplus (CC BY-SA 2.0)

The Distributional Games

Why would people turn down a deal that made them better off simply because it made someone else far, far better off?

Posted on Apr 1, 2014 READ MORE

reynermedia (CC BY 2.0)

The ‘Paid-What-You’re-Worth’ Myth

If you still believe people are paid what they’re worth, take a look at Wall Street bonuses.

Posted on Mar 15, 2014 READ MORE

pacogaitero (CC BY-NC-SA 2.0)

Why the Lousy Jobs Report Boosted Wall Street

How can bad news on Main Street (only 113,000 jobs were created in January, on top of a meager 74,000 in December) cause good news on Wall Street?

Posted on Feb 10, 2014 READ MORE

Welfare Cheats

Posted on Jan 13, 2014 READ MORE

There’s Not Enough Money

Posted on Jan 13, 2014 READ MORE


Posted on Jan 13, 2014 READ MORE

Wall St.

Posted on Jan 9, 2014 READ MORE

Bankers Brought to Justice

Posted on Jan 6, 2014 READ MORE

Bill de Blasio and Mike Bloomberg

Posted on Jan 5, 2014 READ MORE

Economic Recovery

Posted on Jan 2, 2014 READ MORE

Coming in 2014: An Even Bigger Occupy Wall Street Movement

A research firm believes by the end of the new year social unrest will mark American politics; Pope Francis is reportedly “shocked’ by gay adoption; meanwhile, 33 percent of Americans refuse the idea of evolution. These discoveries and more after the jump.

Posted on Dec 31, 2013 READ MORE

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