Tag: big banks

The fight for public banking is gaining ground in cities and states across the country.

We haven’t even scratched the surface of the many many years and billions if not trillions of dollars scammed, tricked, kicked (hard) and stolen, and the harm done to the middle and working class.

If and when U.S. regulators announce a probe, there could be questions about federal officials’ own conduct in the affair.

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

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.

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

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

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

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.

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.