Goldman Sachs tower in New York City can be seen across the Hudson River from Battery Park in New Jersey, framed between decorative pillars, in this December 4, 2011 photograph. (Flickr / Katie Killary)
03 Feb 2016

Goldman Sachs Questions ‘The Efficacy Of Capitalism’

Analysts at Goldman Sachs, one of the world’s largest investment banks, questioned capitalism’s effectiveness. What did they really mean by that statement?

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Jamie Dimon, CEO of JPMorgan Chase (Remixed photo, based on Dimon photo by Steve Jurvetson on Flickr)
29 Jan 2016

JPMorgan Pays Billions To Settle With Ambac, Lehman Brothers

JPMorgan is almost finished paying off the rich people it screwed in the run-up to the 2008 financial crisis. As for the poor? Well, not so much.

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Goldman Sachs CEO Lloyd Blankfein and Hillary Clinton
27 Jan 2016

Is Goldman Sachs Involved In A Corruption Scandal In Malaysia?

Goldman Sachs’ Southeast Asia chairman​ has taken a leave of absence as his branch is embroiled in a corruption scandal at 1Malaysia Development Berhad.

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Davos Congress center, during the World Economic Forum (Photo by MadGeographer)
25 Jan 2016

Citigroup, Davos Worry About Popular Backlash To Neoliberal Order

From January 20-23, the global elite met in Davos, Switzerland for the annual World Economic Forum. The themes this year were the dangers of inequality and terrorism to the current world order, an order those present have benefited the most from and have charged themselves with maintaining. The founder and

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"US Treasury Under New Management (Washington, DC) (5377935024)" by takomabibelot - US Treasury Under New Management (Washington, DC)Uploaded by palnatoke. Licensed under CC BY 2.0 via Wikimedia Commons - https://commons.wikimedia.org/wiki/File:US_Treasury_Under_New_Management_(Washington,_DC)_(5377935024).jpg#/media/File:US_Treasury_Under_New_Management_(Washington,_DC)_(5377935024).jpg
18 Jan 2016

Hillary Clinton’s Wall Street Ties Take Center Stage In Debate

While the candidates touched on topics ranging from dealing with Iran, healthcare, and gun control, money and politics was a major focus of the debate.

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A sign announcing a lender auction rests in the grass outside a foreclosed home in this February 13, 2008 photograph. (Wikimedia Commons / Brendel)
15 Jan 2016

Goldman Sachs To Pay $5.1 Billion For Causing 2008 Financial Crisis

The Too Big To Fail & Jail bank to pay a $2.385 billion civil monetary penalty, make $875 million in cash payments, provide $1.8 billion in consumer relief.

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A handful of loose change photographed as it falls onto a dark, flat reflective surface. (Flickr / Nick Olejniczak)
14 Jan 2016

VIDEO: Who Profits From The Nonprofit Industrial Complex?

‘Tis better to give than to receive — but who are you giving to and who’s receiving? Activist Anna Kaminski and Act Out! dive into the non-profit industry.

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The "Jenga" Scene from "The Big Short." (The Big Short)
11 Jan 2016

SEC Warns Rating Agencies Still Breaking The Rules

Just as in “The Big Short,” the SEC warned that national ratings organizations are still rating junk as gold in order to keep the business of big banks.

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File: A sign outside a payday loan shark announcing their services, photographed on October 8, 2012. (Flickr / HelenCobain)
08 Jan 2016

Millennials Increasingly Using Payday Lenders And Pawnshops

In the past five years, 40% of millennials used a payday loan, pawnshop, tax refund advance or other alternative financial product.

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Daniel Ellsberg speaks into the microphone of a megaphone during the November 20, 2011 OccupySF occupation of Market Street in San Francisco, California. (Flickr / pix.plz)
05 Jan 2016

Daniel Ellsberg: US Military-Industrial Complex Also Includes Big Corporations And Congress

“[The] CIA particularly represents the views of the Wall Street investment firms & the multinational corporations that they invest in,” noted the whistleblower.

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