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Business

The Largest Muni Bond Default in U.S. History Is Happening Right Now
Business  (tags: Puerto Rico, Wall Street, americans, hedge funds, corruption, economy, Entrepreneurs, money, news )

Nancy
- 26 days ago - dailykos.com
The problem is that the hedge funds have already managed to off-load much of the risk to you and me. Around 60% of Puerto Rico's debt is held by American citizens, much of it in retirement accounts.
Finally, One Banker Gets Sizable Jail Term. But Will Others Follow?
Business  (tags: World, Economy, Wall Street, Corporate Power, UK, London )

Judy
- 26 days ago - commondreams.org
Sentence in LIBOR manipulation case is 'one of the harshest penalties meted out against a banker since the financial crisis'
How Goldman Sachs Profited From the Greek Debt Crisis
Business  (tags: world, Greece, government, Wall Street, predatory loans, Golman Sachs, corruption, dishonesty, debt, ethics, finance, money, abuse )

Carrie
- 42 days ago - nationofchange.org
The Greek debt crisis offers another illustration of Wall Street's powers of persuasion and predation, although the Street is missing from most accounts. The crisis was exacerbated years ago by a deal with Goldman Sachs, engineered by current CEO...
Chris Hedges: We Are All Greeks Now
Business  (tags: angela merkel, austerity, chris hedges, corporatism, eu, european union, eurozone, federal reserve, greece, hillary clinton, oligarch, prison, syriza, wall street, welfare )

Judy
- 46 days ago - truthdig.com
"Corporate capitalism...does what it is designed to do: It turns everything, including human beings and the natural world, into commodities to be exploited until exhaustion or collapse".
PETITION: Tell the SEC to Require Companies to Disclose CEO-to-Worker Pay Ratios
Business  (tags: SEC, CEO-to-Worker Ratio, disclosure, Wall Street )

Kathryn
- 99 days ago - actionnetwork.org
Five years ago, Congress passed a law that included a rule requiring all publicly traded companies to disclose their CEO-to-worker pay ratio. But Wall Street and big corporations have lobbied hard to stop the U.S. Securities and Exchange Commission (SEC)
Stop Wall Street Retirement Scams - Petition
Business  (tags: Wall Street, retirement, fiduciary duty, brokers, scamming, Dept. of Labor )

Dandelion
- 137 days ago - act.credoaction.com
Oppose any efforts to delay or weaken the Department of Labors pending fiduciary duty rule, which would help prevent brokers from scamming AmericaâEUR(TM)s retirees out of billions each year.
Tell Congress: Support the Robin Hood Tax on Wall Street Gambling
Business  (tags: taxes, Wall Street, Robin Hood tax, fairness, economic justice, investing )

Freya
- 151 days ago - act.credoaction.com
Are you sick of Wall Street banks getting richer by the second and never paying their fair share even after we bailed them out? HereâEUR(TM)s one thing that could help: A fraction of a percentage tax on each of the transactions made by Wall Street.
If You Own a Pitchfork, You Will Grab It When You See This Chart
Business  (tags: pitchfork, bonus, minimum wage, income gap, Wall Street )

Dandelion
- 163 days ago - motherjones.com
In 2014, Wall Streets bonus pool was roughly double the combined earnings of all Americans working full-time jobs at minimum wage.
Robert Reich: The Wealthy Have Pulled America Back to the 19th Century
Business  (tags: wealth, economic injustice, income inequality, plutocracy, Wall Street, 1% )

Freya
- 197 days ago - alternet.org
Wall Street and enormously rich individuals have gained political power to organize the market in ways that leave most Americans behind.
High Risk Investment That Brought Down The U.S. Economy Returns, With A New Name
Business  (tags: Banks, Financial Industry, Financial Regulation, Goldman Sachs, Wall Street, BTO's, Derivatives )

Judy
- 204 days ago - thinkprogress.org
Like other derivatives, these "BTOs" allow investors to place wagers on the outcome of various loans, bonds, and securities in which they are not directly invested.
Tell Senate Democrats: Dont Let The Republicans Gut Wall Street Reform - Petition
Business  (tags: Wall Street, Congress, Dodd-Frank Act, reforms, economy )

Dandelion
- 213 days ago - act.credoaction.com
If Wall Street succeeds in rolling back the reforms put in place after the 2008 financial crash, we will all pay the catastrophic price. Congress should be building on Dodd-Frank not ripping it to shreds.
Robert Reich: Wall Street Is Hard at Work Cooking Up the Next Financial Collapse
Business  (tags: Wall Street, middle class, economic collapse, financial collapse, finances, economics )

Freya
- 214 days ago - alternet.org
Presidential aspirants in both parties are talking about saving the middle class. But the middle class canâEUR(TM)t be saved unless Wall Street is tamed.
Tell Senate Democrats: DonâEUR(TM)t Let the Republicans Gut Wall Street Reform
Business  (tags: Wall Street, petitions, reform, Congress, bills )

Freya
- 214 days ago - act.credoaction.com
Recently, House Republicans forced through a bill that would blast holes in Wall Street reform and put us all at greater risk of another financial crash âEUR" and more bank bailouts.
Tax Wall Street to Support Main Street - Petition
Business  (tags: Tax, Wall Street, Main Street, close loopholes, help working families )

Dandelion
- 222 days ago - dailykos.com
Close tax loopholes that benefit the one percent and impose new fees on Wall Street high rollers to pay for new tax credits for working families. The proposal would shift a whopping $1.2 trillion from the one percent to working families next 10 years.
Joseph Stiglitz Blocked From SEC Panel For Criticizing Wall Street
Business  (tags: Wall Street, SEC, Joseph Stiglitz, 1% )

Judy
- 230 days ago - news.firedoglake.com
Apparently voicing any criticism of how Wall Street operates disqualifies any expert, no matter their credentials, from advising government regulators.
 

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