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December 18, 2014
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Breaking the Sound Barrier

Breaking the Sound Barrier

By Amy Goodman
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Tag: Wall St

Citigroup Democracy

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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

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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

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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


Banks

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Posted on Aug 8, 2014 READ MORE


Couch Potato Congress

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Posted on Aug 7, 2014 READ MORE


GOP Par for the Course

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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



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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 / Shutterstock.com

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



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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

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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

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Posted on Jan 13, 2014 READ MORE


There’s Not Enough Money

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Posted on Jan 13, 2014 READ MORE


Charity

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Posted on Jan 13, 2014 READ MORE


Wall St.

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Posted on Jan 9, 2014 READ MORE


Bankers Brought to Justice

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Posted on Jan 6, 2014 READ MORE


Bill de Blasio and Mike Bloomberg

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Posted on Jan 5, 2014 READ MORE


Economic Recovery

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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



Walmart’s Cashing In on the Occupy Movement

For $52 you can own a poster of the Occupy Wall Street encampment, courtesy of Walmart; police officers in Texas can get search warrants based on a future crime they somehow foresee; meanwhile, a group of editors is trying to correct varied translations on Wikipedia. These discoveries and more after the jump.

Posted on Dec 19, 2013 READ MORE



(AP Photo/Cliff Owen)

Elizabeth Warren’s New Bill Aims to Stop Employers Discriminating Against the Poor

Citing “basic fairness” as motivation for introducing a bill that would prevent employers from using credit reports as criteria when hiring a new employee, Warren, along with six other senators, is once again fighting battles for the disadvantaged. Meanwhile, Hillary Clinton is busy assuaging Wall Street’s fears about populism.

Posted on Dec 17, 2013 READ MORE


Person of the Year

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Posted on Dec 14, 2013 READ MORE


Jolly Old Elephant

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Posted on Dec 10, 2013 READ MORE



(AP/Elise Amendola)

How Elizabeth Warren Is Scaring the Crap Out of Think Tanks and Banks

The Massachusetts senator caused a stir this week after the Third Way think tank wrote an op-ed Monday warning Democrats not to follow Warren “over the populist cliff.” But what’s truly behind this resentment toward Warren? Fear, of course.

Posted on Dec 7, 2013 READ MORE


Jon Stewart Proves Corporations Are Not People, Once and for All

Wednesday’s “The Daily Show” must have had Wall Street banksters reeling, and with good cause. The late night show host offered his audience a litany of infractions corporations, namely banks, have committed and then used their seeming immunity to actual punishment as proof they are not human.

Posted on Dec 5, 2013 READ MORE


Wall Street Santa

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Posted on Dec 3, 2013 READ MORE


The Exorcist

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Posted on Nov 29, 2013 READ MORE


Dow Hits Record

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Posted on Nov 19, 2013 READ MORE



Europe Weighs Capping CEO Income as Wall Street Continues to Run Amok

The Swiss are considering limiting the compensation of chief executive officers to a 12:1 ratio, but Americans can’t even get banksters to reveal the comparison of their pay to the average salary; Germany wants to impose a financial transactions tax; meanwhile, in London the per-capita income is 90 percent higher than in the rest of Britain. These discoveries and more after the jump.

Posted on Nov 19, 2013 READ MORE



How Wall Street Plans to Profit From Renting Out Homes It Foreclosed

Diabolical bankers are renting foreclosed houses to the very people they took the properties from, and planning a new scheme that may ruin us all over again; it could be argued that Amazon saved books from the fate music has suffered; and a video imagines what would happen if a gay athlete won a gold medal in Sochi, Russia. These discoveries and more after the jump.

Posted on Nov 7, 2013 READ MORE


Workplace Discrimination

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Posted on Nov 5, 2013 READ MORE


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