Tag: Wall Street

Instead, the fracking industry has helped set new records for U.S. oil production while continuing to lose huge amounts of money – and that was before the recent crash in oil prices.

The inequality gap on a planet growing more extreme.

About 93 percent of charitable foundation money is parked in Wall Street investments. But foundations are starting to make better choices.

The reality is, wealth is usually only a small part of the package of other intergenerational advantages.

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.

“I think … we recognize we really haven’t done anything serious to deal with the causes of this crash.”

“…the political fallout of the global financial crisis is only just getting started. The real confrontation, it seems, is yet to come.”

The Street’s political clout is as great as ever, which explains why the Dodd-Frank safeguards are now being watered down – clearing the way for another crisis.

Our latest slam-dunk evidence: the record of the decade since the Wall Street financial crash ushered in the Great Recession.

"Most people (including policymakers) still have no idea that skimming fees off public employees' retirement savings has become one of the largest sources of profits for Wall Street moguls."