Executives at Davos Are Eager for Automation

Ilana Novick Jan 28, 2019 Workers are warned: “They’ll never admit it in public, but many of your bosses want machines to replace you as soon as possible.” Dig deeper ( 3 Min. Read )

My Dinner With the 1 Percent

Sonali Kolhatkar / Truthdig Sep 4, 2014 "Why don't you simply do what other rich folks do? Hide your money offshore so you don't have to pay any taxes." Laughter erupted at the table at my sarcastic comment and my question remained unanswered. Dig deeper ( 5 Min. Read )

Take the U.S. Inequality Quiz

Staff / Truthdig Jun 28, 2011 Think you have the dirt on inequality in America? Jeffrey Rudolph, a college accounting professor in Montreal, has crafted an extensive quiz stocked full of hard facts and figures from a range of authoritative sources that cuts through the myth and lies thrown up by America's leading misinformers. (more) Dig deeper ( 1 Min. Read )

Lehman Execs May Escape Charges

Staff / Truthdig Mar 13, 2011 Officials at the SEC have begun to doubt that the agency can prove that executives of the now-defunct Lehman Brothers investment bank broke the law after the company allegedly moved billions of dollars off its balance sheet. Dig deeper ( 1 Min. Read )

Wall Street CEOs Off the Hook

Staff / Truthdig Feb 28, 2011 Most of those Wall Street executives whose firms took ridiculous risks and brought the global financial system to its knees are far from a jail cell, or even from being prosecuted by the Justice Department. Dig deeper ( 1 Min. Read )

Cash Bonuses Down, Compensation Up on Wall Street

Staff / Truthdig Feb 24, 2011 Big banking execs on Wall Street might have noticed a slight pinch in their cash bonuses last year, but that doesn't mean those clever business minds didn't find a way to make up for it through other financial channels. Dig deeper ( 1 Min. Read )

Goldman Sachs to Gently Tweak Business Practices

Staff / Truthdig Jan 11, 2011 Despite drawing the wrong kind of attention to themselves over the last two-plus years with news of murky dealings in "structured products" and concern over the bank's role in the subprime mortgage crisis, execs at Goldman Sachs apparently . Dig deeper ( 2 Min. Read )

Banking Regulation Team Pitches New Payment Rules

Staff / Truthdig Dec 28, 2010 An international panel of banking regulators from 27 nations is aiming to crack down on outlandish pay packages for industry executives by proposing a new set of rules that call for more transparency and, wonder of wonders, some correlation between . Dig deeper ( 1 Min. Read )

Obama Makes Nice with Business Bigwigs

Staff / Truthdig Dec 16, 2010 Bill Clinton and now big business -- all in a week's work for President Obama in his ambitious push to improve relations with parties with whom he'd at least appeared to be at odds since he took office. Dig deeper ( 1 Min. Read )

Poles Head to the Polls

Staff / Truthdig Jun 20, 2010 Poland's presidential election is finally under way following the death of the country's last president, Lech Kaczynski, in a plane crash two months ago. Acting President Bronislaw Komorowski was the favorite going in, expected to defeat the late president's twin brother, Jaroslaw Kaczynski. Dig deeper ( 1 Min. Read )

Goldman Sachs Bigwigs Dispute Charges

Staff / Truthdig Apr 28, 2010 Step right up and you'll see spectacles that will amaze from Tuesday's face-off between senators and Goldman Sachs boss men, such as the awesome Fabrice Tourre denying "categorically" that he misled clients by selling them mysterious bundled financial entities tied to doomed mortgages. Dig deeper ( 1 Min. Read )

Obama Orders Salary Cuts

Staff / Truthdig Oct 22, 2009 In a move to quell public outrage, President Obama has ordered the government's "pay czar" to cut by 90 percent the multimillion-dollar salaries that executives of seven bank and auto companies are receiving, citing the fact that these firms are entirely dependent on U.S. taxpayer money for financial survival. Dig deeper ( 1 Min. Read )