Tag Archive for Wall Street

image_pdfimage_print

Shaking Up the Democratic Party

Sen. Bernie Sanders, I-Vermont, who is seeking the Democratic presidential nomination.

By demanding a “revolution” to shift power away from Wall Street, Sen. Sanders is attracting millions of young Americans who want fundamental change. He’s also upsetting the Democratic establishment which favors only incremental “reforms” acceptable to corporate interests, as Norman Solomon notes.

Betting on the Wall Street Crash

The-Big-Short-teaser-poster1-e1445275948938

Exclusive: The 2008 Wall Street crash resulted from a combination of unrestrained greed and political contempt for government regulators who might have prevented the devastation. In The Big Short, the tale is told from the perspective of a few players who saw the inevitable and made money on the crash, writes James DiEugenio.

How Debt Conquered America

covered-wagons

Special Report: America presents itself to the world as “the land of the free” but – for the vast majority – it is a place of enslaving indebtedness, a reality for much of “the 99%” that has deep historical roots hidden or “lost” from our history, as Jada Thacker explains.

Hillary Clinton’s Sincerity Question

Former Secretary of State Hillary Clinton.

As Hillary Clinton talks up her commitment to economic and social justice, the big question for Democrats is: Does she means what she says or is she just mouthing words to block challengers from her left, as Bill Moyers and Michael Winship explain.

Reconstructing Democracy

npa2015confwebimg

American government increasingly bent to the whims and desires of the wealthy is emerging as a populist issue among pro-democracy citizens who favor the old idea of government for the people, as Michael Winship describes.

Gen. Petraeus: Too Big to Jail

Gen. David Petraeus in a photo with his biographer/mistress Paula Broadwell. (U.S. government photo)

From the Archive: Retired Gen. David Petraeus confessed on Thursday to giving sensitive government secrets to his mistress and then lying about it to the FBI, but will get no jail time, only two years probation and a fine, showing that he is too big to jail, as ex -CIA analyst Ray McGovern predicted in…

Will ‘Too-Big-to-Fail’ Banks Fail Again?

Timothy Geithner (left), then Treasury Secretary, meeting with President Barack Obama in the Oval Office. (White House photo)

Despite Wall Street’s booming recovery, Main Street continues to struggle with high unemployment and low wages, making another bust more likely. And, the “too-big-to-fail” banks may be more vulnerable than they appear, writes Danny Schechter.

Much Bank Crime, Little Punishment

Attorney General Eric Holder. (Photo credit: Department of Justice)

Wall Street banks made a bundle on securitized subprime mortgages until the bubble began to burst in 2007 inflicting devastating harm on average people around the world. Yet, despite government rhetoric to the contrary, the key culprits have escaped punishment, writes Danny Schechter.

How Wall St. Bailed Out the Nazis

Exclusive: The amoral calculations of Wall Street insiders guided Washington’s post-World War II decision to give many Nazi war criminals a pass if they’d help in the Cold War against the world’s socialist movements. CIA Director Allen Dulles was just one of the ex-investment-bank lawyers pushing the trade-off, writes Jerry Meldon.

Ecocide and the Soul of a Nation

At the front of the political madness enveloping the United States are anti-government, anti-science extremists who reject evidence of global warming and block any response to this existential threat. But the disconnect between environmental destruction and today’s humanity goes deeper, says Phil Rockstroh.