Tag: big banks
Hillary Clinton’s Glass-Steagall
Hillary Clinton won’t propose reinstating a bank break-up law known as the Glass-Steagall Act and this just might be the biggest mistake in her presidential campaign. Is Clinton still too close to Wall Street?
How to Punish Bank Felons
When a big Wall Street bank pleads guilty to criminal felony charges committed, there seems to be no punishment that fits the crime. When real people plead guilty to felonies they go to jail, but nobody involved in bank crimes will see a day behind bars. Fair?
If ‘Too-Big-to-Fail’’ Means Too-Big-To-Jail’ It Should Mean ‘Too-Big-to-Be’
If the government really believes that banks like JP Morgan Chase, Goldman Sachs, Morgan Stanley, Citibank and Wells Fargo are “too big to fail” because prosecuting their chief executives could lead to a new financial crisis, then those institutions are simply too big to allow to exist.
POPULAR
California’s largest state worker union opens strike vote against Newsom administration
More than 100,000 workers will decide by October 7 after the state rejected most of the union's contract proposals.
25 Years of War Was the Wrong Response to 9/11
Medea Benjamin and Nicolas J. S. Davies tally the trillions spent and the millions killed in the quarter century of war that followed September 11.
American Gestapo: The Worst Takes Time But It Comes Around Fast
Barton Kunstler maps the largest ICE detention camps and the private contractors running them, and asks how far the buildup has to go before it counts as what it resembles.
US just had its hottest summer and hottest August on record, NOAA says
Drought now covers 59 percent of the country as the warmest year on record runs into fall.
Sanders brings AI risk researchers to a closed Senate briefing on AI danger
Geoffrey Hinton and two other AI risk researchers, but no tech executives, will address senators on September 16.