Wednesday, February 24, 2021

Tag: big banks

Big banks pull financing, prepare to seize assets from collapsing oil...

The big banks funded the money-losing fracking industry for the past decade just like they funded the housing crisis — but the reality is, just like in the housing crisis, the coming bailouts will protect the banks.

Wells Fargo agrees to pay $3B over massive fraud scandal

“We are hopeful that this $3 billion penalty, along with the personnel and structural changes at the Bank, will ensure that such conduct will not reoccur.”

Goldman Sachs becomes first major American bank to prohibit Arctic oil...

“Goldman Sachs is right to recognize that destroying the Arctic Refuge would be bad business. We hope other American banks will follow their lead.”

Homewreckers: How Wall Street, banks & Trump’s inner circle used the...

We speak with investigative reporter Aaron Glantz about his new book “Homewreckers,” which looks at the devastating legacy of the foreclosure crisis...

Global banks, led by JPMorgan Chase, invested $1.9 trillion in fossil...

“Alarming is an understatement. This report is a red alert.”

States can break up big banks. Here’s how.

Big banks are unpopular in both red and blue states; breaking them up could attract support across party lines and prove a winning electoral strategy.

Bernie Sanders introduces legislation that would break up ‘too big to...

"If these banks were too big to fail 10 years ago, what would happen if any of them were to fail today?"

Breaking with Wall Street: LA puts it to the voters

The numbers are there to support the case for a city-owned bank, but a critical ingredient in effecting revolutionary change is finding the political will.

After long career bailing out big banks, Obama Treasury Secretary Tim...

"Your economy, rigged to redistribute wealth to the top."

Why the only answer is to break up the biggest Wall...

Why should banks ever be permitted to use peoples’ bank deposits – insured by the federal government – to place risky bets on the banks’ own behalf?

POPULAR

Trump campaign paid millions to Jan. 6 Capitol riot

“It was his duty as commander-in-chief to stop the violence. And he alone had that power because they believed that they were following his orders. They said so.”

2021 update: Half of America in or near poverty

The facts and numbers from numerous sources reflect the reality of deprivation in America, and help to confirm what has been called the "sharpest rise in the U.S. poverty rate since the 1960s."

Texas Jabberwockery – Cruz Roasted After Fleeing Blizzard

Even worse than backing Trumpster – Glaring “dereliction of duty...”

‘Held to ransom’: Pfizer demands governments gamble with state assets to secure vaccine deal

“Pfizer and BioNTech are firmly committed to working with governments and other relevant stakeholders to ensure equitable and affordable access to our Covid-19 vaccine for people around the world.”

‘This is unacceptable’: Progressives reject Manchin plan to cut $15 minimum wage proposal to...

The $15 minimum wage is overwhelmingly popular with the American people. One person should not be allowed to hold relief hostage.