Voters Want to Tax Outrageous CEO Pay
For decades now, I’ve been conducting my own informal survey of American views about CEO pay. Whenever family, friends, or...
Category: Wall Street
Low-Wage Employers Spent Billions Inflating CEO Pay Through Stock Buybacks
tight labor market created a rare moment of leverage for low-wage workers last year. But Corporate America took no great...
Sanders Says Stop Busting People for Marijuana and Start ‘Prosecuting Crooks on Wall Street’
Sen. Bernie Sanders suggested Friday that instead of bringing the weight of the criminal justice system down on marijuana users,...
Trump’s new coronavirus vaccine czar owns $10 million in stock options in company developing vaccine
The former pharmaceutical executive named by President Donald Trump to lead a federal coronavirus vaccine development project owns more than $10 million...
Trump Wanted Less Testing Because Jared Kushner Said It Would Spook Wall Street
On March 6, President Donald Trump issued out the now-infamous proclamation about coronavirus testing, in order to ease rising fears...
Elizabeth Warren Welcomes Wall Street Fear of Her Campaign
Her poll numbers have risen steadily in recent weeks but Sen. Elizabeth Warren on Tuesday night celebrated a contingent of voters...
Robert Reich: How Wall Street Enables Racist Trump
It started with Donald Trump’s racist tweets demanding that four Democratic congresswomen – Alexandria Ocasio-Cortez, Rashida Tlaib, Ayanna Pressley and Ilhan Omar...
Wall Street Salary And Bonuses Show America’s Rich Are Getting Richer As Inequality Deepens
Wednesday’s big news on Wall Street wasn’t that for yet another year its average wage and bonuses put finance employees...
Trump’s Executive Order Gift to His Wall Street Cronies
WASHINGTON ― One of the Donald Trump administration’s first orders of business on the economy will scuttle a rule protecting...
Platinum Hedge Fund Executives Charged With $1 Billion Fraud
For years, the little-known New York hedge fund Platinum Partners stood out for double-digit investment returns that rivaled some of...
Editorial Propagandists at Murdoch’s Wall Street Journal Shill for Exxon
The Wall Street Journal’s editorial board has tried every trick in the book to wrongly defend ExxonMobil against allegations that...
Republicans Determined to Deregulate Wall Street Again
On Tuesday night, one Republican presidential hopeful after another lined up to offer coded oaths of fealty to Wall Street...
Reckless House Republicans Try To Slip Bank Deregulation Into Highway Bill
WASHINGTON — House Republicans are angling to slip two pieces of bank deregulation into a major highway funding bill that...
Bernie Sanders: ‘Congress Doesn’t Regulate Wall Street. Wall Street Regulates Congress.’
Sen. Bernie Sanders (I-Vt.) criticized Hillary Clinton for not going after Wall Street enough at Tuesday’s Democratic presidential debate. Clinton...
Bernanke: Wall Street Executives Should Have Done Jail Time
Former Federal Reserve Chairman Ben Bernanke says some Wall Street executives should have gone to jail for their roles in...
Obama Administration Asks Supreme Court to Reinstate Securities Fraud Convictions Against Hedge Fund Managers
The Obama administration asked the Supreme Court Thursday to reinstate securities fraud convictions against two hedge fund portfolio managers, saying...
Wall Street Mouthpiece Jamie Dimon Defends Income Inequality
Despite stagnating wages and vast income inequality, JPMorgan Chase CEO Jamie Dimon said technological advancements in cars and cellphones mean...
Murdoch’s propaganda organ the Wall Street Journal attacks Bernie Sanders
I’ve had so many calls about an article appearing earlier this week in the Wall Street Journal – charging that...
Sanders: Wall Street Has Rigged the Economy for the 1%
Democratic Presidential Candidate Bernie Sanders gathered a panel of economists in Washington DC to discuss the Greek debt fiasco. As...
Bush Made Millions Giving His Friends At Lehman Billions Of Florida Pension Funds To Lose
For many Americans the idea of entrusting their life-savings, or retirement savings, to a trustworthy entity is a very serious...
President Obama Vows To Oppose Any Republican Attempt To Erase Wall Street Reform
President Obama made his position clear to Republicans in Congress. He will veto any bill that repeals or weakens Wall...
Bernie Sanders Vows That If Elected Wall Street Hoodlums Will Have No Place In His Cabinet
Democratic presidential candidate Sen. Bernie Sanders dropped a bomb on Wall Street today when during a CNN interview he vowed...
Bernie Sanders Is Terrifying Wall Street By Pushing Hillary Clinton To The Left
Wall Street is openly worrying that Bernie Sanders is pushing Hillary Clinton to the left by calling for the biggest...
Elizabeth Warren Fires Back After Wall Street Threats
Sen. Elizabeth Warren (D-Mass.) has a blunt message for the big Wall Street banks that may withhold campaign donations to...
Democrats Gear Up to Battle Wall Street in the New Congress
Democrats appear to have learned some lessons from their 2014 mid-term whipping. Numerous analysts said the lack of a coherent...
The Koch Wall Street Crusade To Rob Pensions Is Underway
If anyone in America was unsure what unmitigated greed entails, or to what extent the Koch brothers and Wall Street...
Government by Wall Street: JPMorgan CEO whipped votes for spending bill
The House’s narrow passage of a massive spending bill that included a provision gutting a key financial regulatory reform is...
After 13 Years Of Fighting For Wall Street, Eric Cantor Will Make Millions At An Investment Bank
Former House Majority Leader Eric Cantor (R-VA), who resigned last month after losing renomination to an underfunded college professor, spent...
Wall Street Has Raked In Almost A Billion Dollars Helping Companies Move Overseas To Dodge Taxes
As more and more American companies have used international mergers to move their profits out of U.S. tax jurisdiction, the...
The Wall Street Pension Scam
In recent years there has been a regular drum beat of news stories warning us about the enormous unfunded liabilities...
“It’s total moral surrender”: Matt Taibbi unloads on Wall Street, inequality and our broken justice system
His relentless coverage of Wall Street malfeasance turned him into one of the most influential journalists of his generation, but...
Coke’s executive pay: Fueled by corporate cronyism
Coke has recently come under fire for what it pays its top executives. The overlapping roles that board members play...
Paul Krugman: Now That’s Rich
Institutional Investor’s latest “rich list” in its Alpha magazine, its survey of the 25 highest-paid hedge fund managers, is out.
How Wall Street Financial Fees Choke Our Cities
When a city is forced to spend more on Wall Street fees than on basic public services, it is the...
LEAKED: Docs show how Wall Street giant guaranteed huge fees from taxpayers on risky pension investments
When you think of the term “public pension fund,” you probably imagine hyper-cautious investment strategies kept in check by no-nonsense...
Salary of McDonald’s CEO should be slashed, activist shareholders say
The salary of McDonald’s CEO Donald Thompson should be slashed by the company’s Board of Directors due to the chain’s...
For Services Rendered? Wall Street’s Big Paydays For Trade Negotiators
If you take the king’s shilling, says the old saying, then you do the king’s bidding. So what happens when...
