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Business

On 5th Anniversary Of Lehman Collapse, Americans Still Angry
Business  (tags: banks, bankers, Wall Street, Great Recession, bailout, economy, crisis, class war, public outrage, hostility, Occupy Wall Street )

Brian
- 315 days ago - huffingtonpost.com
A majority of those polled said Wall Street bankers, traders and executives were still paid too much. More than half also want the government to do more to punish those responsible for the crisis.
Not Too Big to Jail: Why Eliot Spitzer Is Wall Street's Worst Nightmare
Business  (tags: Eliot Spitzer, New York, Wall St. corruption, banking control legislation, Bush Administration, predatory lending, bailout, Federal Reserve, OCC, corporatocracy )

Judy
- 339 days ago - truth-out.org
Suddenly, the Masters of the Universe were staring at their worst nightmare: the prospect of a comeback by the only major politician in the U.S. whose deeds -- and not simply words --prove that he does not think corporate titans are too big to jail.
Propping Up the Recovery
Business  (tags: economic collapse, recession, wall street, bankers, elites, bailout, workers, unemployment, foreclosure, debt, recovery, austerity, low wage, temporary, jobs )

Brian
- 385 days ago - thinkprogress.org
Wall Street and the banks, of course, got a huge bail out. American workers, by contrast, have endured crushing debt, home foreclosure, and prolonged unemployment. But at last, jobs are returning...low wage jobs, temp jobs. That's some recovery.
Former FDIC Head Sheila Bair: 'Covering Up for Citigroup's Problems' Drove Much of the Bailout
Business  (tags: bank bailouts, Sheila Bair, Elliott Spitzer, Citigroup, bailout, economy, scandals, Wall Street, QE3, bailout and hands slapped, little has changed )

Judy
- 667 days ago - current.com
Bair criticizes the way the bailout was handled by the Treasury Department. "A lot of this was being driven by covering up for Citigroup's problems."
The Bernanke Scandal: Full-Frontal Cluelessness
Business  (tags: anthony weiner, bailout, ben bernanke, employment, federal reserve, mortgage, recession, tarp, wall street )

Judy
- 1144 days ago - commondreams.org
He is an elitist, impervious to the people's suffering. He assured us there was no housing crisis, while his policies at the Fed encouraged the mortgage securitization swindles that caused the meltdown of the economy.
The New Corporate World Order
Business  (tags: offshoring outsourcing, Tax Breaks, bailout, military, foreign policy, hogs at the troughcorporate, corruption, dishonesty, politics )

Norm
- 1193 days ago - readersupportednews.org
As the WSJ put it, the multinational companies "cut their work forces in the U.S. by 2.9 million during the 2000s while increasing employment overseas by 2.4 million, new data from the U.S. Commerce Department show."
US Uncut Crashes Tax-Dodger Bank of America Conference
Business  (tags: banksters, tax evasion, tax cheats, bailout, corruption, dishonesty, debt, foreclosures, finance )

Norm
- 1236 days ago - thinkprogress.org
"Bank of America: Pay your taxes! When you don't pay your taxes, we have to fire teachers and firefighters and public servants. You're a Tax Dodger," US Uncut activist Ryan Clayton exclaimed. "You're bad for America. Pay your taxes. Tax dodger! Bank of A
Debtor's Revolt: Woman Refuses To Pay Off Bank Of America Credit Card (VIDEO)
Business  (tags: americans, business, consumers, corporate, corruption, dishonesty, finance, investments, money, ethics, economy, abuse, banks, credit, cards, revolution, bailout, bofa, arrogance, greed, society, debt )

Tom
- 1776 days ago - huffingtonpost.com
The credit card industry made a villain of itself this year by benefiting from billions in taxpayer bailout dollars and then thanking taxpayers by raising interest rates and minimum monthly payments, even on their good customers. It's time to fight back!
Paul Krugman - Rewarding Bad Actors
Business  (tags: business, economy, investments, corporate, corruption, finance, ethics, investing, money, bailout, investors, wall, street, bonuses, abuse, dishonesty, greed, Goldman, Sachs, Citigroup )

Tom
- 1819 days ago - nytimes.com
Americans are angry at Wall Street, and rightly so. First the financial industry plunged us into economic crisis, then it was bailed out at taxpayer expense. And now, with the economy still deeply depressed, the industry is paying itself gigantic bonuses.
Credit Card Firms Try End Run Around New Federal Rules
Business  (tags: obama, business, banks, credit, cards, reform, law, corruption, crime, abuse, lies, greed, bailout, americans, dishonesty, government, economy, corporate, ethics, finance, money, politics, investments, consumers )

Tom
- 1845 days ago - latimes.com
Banks are quietly changing the terms of millions of credit card accounts as they brace for a tough new law that will limit rate hikes. The law will restrict interest rate hikes unless a card has a variable rate, so banks are doing away with fixed rates.
Credit Card Issuers Getting In Their Licks Ahead Of Reform
Business  (tags: obama, business, banks, credit, cards, reform, law, corruption, crime, abuse, lies, greed, bailout, americans, dishonesty, government, economy, corporate, ethics, finance, money, politics, investments, consumers )

Tom
- 1852 days ago - huffingtonpost.com
Chase has recently increased the monthly minimum payment on select accounts that have carried balances. Effective August 2009, impacted cardmembers will have their minimum payment increased from 2% to 5% of the statement balance, said a Chase spokeswoman.
Crimes Suspected in 20 Bailout Cases -- for Starters
Business  (tags: money, bailout, government, politics, society, finance, economy, dishonesty, corruption, corporate, business, foreclosures, cover-up, debt, abuse, americans, consumers, investing, ethics )

Tom
- 1923 days ago - latimes.com
In the first major disclosure of corruption in the $750-billion financial bailout program, federal investigators said Monday they have opened 20 criminal probes into possible securities fraud, tax violations, insider trading and other crimes.
Take Action: Extreme Makeover - AIG Edition
Business  (tags: americans, consumers, bailout, aig, economy, business, corruption, dishonesty, corporate, finance, greed, abuse, corruption, ethics, investing, government, money, politics )

Tom
- 1955 days ago - thepetitionsite.com
We the people now own 80% of American International Group (AIG) thanks to our nearly $200 billion bailout "bonus." Everyone likes to make a clean start, so what better way to launch our new relationship with AIG than to give our purchase a new name?
Renew Auto Industry? Start With Real Health Reform
Business  (tags: business, politics, economy, bailout, healthcare, automakers, auto industry )

Claudia
- 1982 days ago - thenation.com
This country's for-profit health care system places an extreme burden on firms that manufacture vehicles in the U.S. How extreme? It is estimated that health care costs add as much as $1,400 to the cost of a car made in an American plant.
CEOs Gone Wild: Bailed-Out Wells Fargo Plans Lavish Corporate Getaway to Vegas
Business  (tags: barack obama, ceos, bailout, wells fargo )

Barry
- 1997 days ago - alternet.org
What are the President and Congress doing to curb Wall Street greed?
 

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