Tag: big banks

Bank accused of greenwashing ahead of COP26 for backing scheme while being world’s 13th biggest funder of fossil fuels

Tired from trekking 170 miles from Biden’s birthplace to his hometown, a dozen of us grandparents decided to take a stand for climate justice by sitting down.

The Post Office could offer simple, honest banking, including checking and savings accounts, consumer loans, and low-fee debit cards.

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.

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

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

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

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.

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