Wednesday, October 28, 2020

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?

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Michigan judge accused of jeopardizing safety and democracy with reversal of open carry ban...

"There are voters who are afraid, there are election workers who are afraid."

Senators call for investigation into Border Patrol tracking phones without warrant

"...we urge you to investigate CBP’s warrantless use of commercial databases containing Americans’ information, including but not limited to Venntel’s location database.”

Why the Founders Would Decry What America has Become

If the Founding Fathers saw what the United States has become, they would be devastated. Poverty, income inequality, suppression of speaking ones mind, crime, war, and oligarch like behaviors all make up this new U.S. It is far from being the democracy it was created as.

$280m ‘dark money’ spent by US Christian right groups globally

Organizations led by some of Donald Trump’s most vocal allies and supporters have spent increasing amounts of money globally to influence foreign laws, policies and public opinion in order “to stir a backlash” against sexual and reproductive rights.

Ending regime change—in Bolivia and the world

The triumph of democracy in Bolivia and the failure of the U.S.'s "regime change" efforts around the world.