Thursday, April 18, 2024

Tag: big banks

Meet the six big banks keeping private prisons in business

Without these institutions, The GEO Group and CoreCivic would be in trouble—which is what advocates for divestment want.

Waking Up in Hillary Clinton’s America

Hillary won’t do anything to upset that applecart. We should have no illusions about what her presidency would mean from a Wall Street vs. Main Street perspective.

The Better Business Bureau Downgraded Wells Fargo. It’s Not Enough.

Americans won’t be safe until all fraudulently-inclined institutions are discredited and their leaders are replaced.

The Ethical Rot of Wells Fargo, From the Top Down

What's at work here is the ethical rot that now consumes America's entire corporate system.

The Stumpf Banking System

Wells Fargo's CEO was caught stealing from low-income bank customers, and then put the blame on low-level employees.

Jail Wells Fargo CEO and Chairman John Stumpf!

Stumpf’s actions were not merely “unethical” — they were criminal. And in the current system, he’ll not only get away with it, he'll profit more than handsomely.

Time for Congress to Stop Hollering at CEOs and Take Action

Congress should give the Justice Department and regulatory agencies enough funding to do their jobs. While they’re at it, break up the biggest banks. And regulate drug prices directly.

The Employees’ Side of the Wells Fargo Scandal

Banks like Wells Fargo use poverty-level wages and job insecurity to force employees to do unethical things they couldn’t otherwise get them to do.

Wells Fargo Caught in Scheme to Steal Millions from Customers

This scam supposedly began in 2011 and for the last five years, roughly 1.5 million deposit accounts and 65,000 credit-card accounts were created.

Banks Don’t Commit Crimes, Bankers Do

Until the feds charge reckless bankers individually, they'll shake down shareholders to bail them out for misdeeds.

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New report reveals millionaires’ tax rates slashed by half since 1950s, fueling wealth inequality

This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.

Missouri Republican Attorney General Bailey sues Media Matters using consumer law to censor the...

An analysis of Mo. Attorney General Andrew Bailey's bogus allegations against Media Matters.

Democrats challenge Biden administration: Are US weapons used by Israel in accordance with international...

This inquiry, led by Texas Representatives Veronica Escobar and Joaquin Castro, targets the very heart of America's foreign arms policies and its ethical implications.

New study reveals microplastics’ alarming journey from everyday items to human organs

The extensive reach of these particles beyond the gut and into critical body tissues, raises significant concerns particularly for the most vulnerable: Our children.

US diplomacy thwarts Palestinian UN membership amid claims of supporting statehood leaked cable shows

This diplomatic maneuvering seeks to avoid a U.S. veto, which would publicly align the country against Palestinian self-determination.