Truthout
Wall Street
|
Robbing Main Street to Prop Up Wall Street: Why Jerry Brown’s Rainy Day Fund Is a Bad Idea for California
There is no need to sequester funds urgently needed by Main Street to pay for Wall Street's malfeasance. Californians can have their cake and eat it too with a …
|
Eric Holder Pledges to Prosecute Banks – Believe Him?
Watch out, banks that engage in criminal activity (aka just about every large bank): Eric Holder and the Department of Justice are coming for you!
|
What Problem Is Privatizing Fannie and Freddie Meant to Solve?
It should be possible to block Wall Street's efforts to get a government guarantee for their new foray into the mortgage-backed securities market.
Wall Street Greed: Not Too Big for a California Jury
Sixteen of the world's largest banks have been caught colluding to rig global interest rates. Why are we doing business with a corrupt global banking cartel?
Wolves of Wall Street: Financialization and American Inequality
It's no secret by now that the recent spike in American inequality is driven in large part by "financialization," the growing scale of the financial sector relative to the …
Who Goes to Jail? Matt Taibbi on American Injustice Gap From Wall Street to Main Street
Award-winning journalist Matt Taibbi is out with an explosive new book that asks why the vast majority of white-collar criminals have avoided prison since the financial crisis began.
Wall Street’s Land Grab: Firms Amass Rental Empire, Ousting Tenants and Threatening New Housing Crisis
The Blackstone Group, a private equity firm, is now the largest owner of single-family rental homes in the country.
|
When Predatory Equity Hit the Big Apple: How Private Equity Came to New York’s Rental Market
Things are heating up inside Wall Street's new rental empire.
|
Make the Bankers Squeal
A financial transaction tax would help prevent investment banks from continuing to make the kind of risky bets that cause a financial crisis.
All the President’s Bankers: Nomi Prins on the Secret History of Washington-Wall Street Collusion
In her new book, "All the Presidents' Bankers," financial journalist Nomi Prins explores how a small number of bankers have played critical roles in shaping a century's worth of …