Truthout
Wall Street
Shift on Too-Big-to-Fail Bank Supervision Rebukes New York Fed
The Wall Street Journal has published an important account of a behind-the-scenes power struggle at the Federal Reserve over authority for regulation.
Eric Holder Gives Prosecutors 90 Days to File Wall Street Collapse Charges
Attorney General Eric Holder has given the Justice Department an opportunity to rewrite his legacy.
The Boston Globe Covers Up for Wall Street, Ignores Swaps Losses in Coverage of MBTA Turmoil
A new Boston Globe story doesn't mention huge losses that the Massachusetts Bay Transportation Authority made on swap transactions that went against them.
Simon Johnson: GOP and Wall Street Say, “To Hell With Protecting the Public!“
This week, the House passed further legislation that would delay by two years some key provisions of Dodd-Frank.
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On the News With Thom Hartmann: Democrats May Tax Wall Street and Give Main Street a Break, and More
In today's On the News segment: Democratic lawmakers have put forth a progressive tax plan, and more.
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The Van Hollen Plan Takes on Soaring CEO Pay: A Debate We Need to Have
Taxpayers are subsidizing ever-larger executive pay packages while their own wages stagnate.
Democrats Take on Wall Street With Financial Transactions Tax
The House Democratic Party leadership made a remarkable step forward last week in putting out a proposal for a financial transactions tax.
Henry A. Giroux: Searching for Radical Democracy in the Ruins of Capitalism’s Economic Depravity
We can't just wait for neoliberal economics to tear apart society and then build from scratch.
Russia Blamed, US Taxpayers on the Hook, as Fracking Boom Collapses
The right is blaming environmentalists and Russia for the demise of the US fracking boom. But Wall Street inflated this gas bubble.
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Bankers Brought Rating Agencies “to Their Knees” on Tobacco Bonds
Wall Street pressed S&P, Moody's and Fitch to assign more favorable credit ratings to their deals and bragged that the raters complied.