Cover By The Economist [Public domain], via Wikimedia Commons
28 Mar 2016

Establishment Slowly Conceding US Capitalism Is Broken

In perhaps the most embarrassing defection from neoliberalism yet, The Economist has admitted US capitalism is in desperate need of government intervention.

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27 Mar 2016

Report: 74% Of Billionaire Wealth From Rent-Seeking

A new report offers a breathtaking estimate of how the rich have gotten richer: 74% of billionaire wealth was gained through socially useless activity.

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Cover of TIME Magazine, Feb. 1998. Federal Reserve Board chmn. Alan Greenspan (C) flanked by Treasury Secy. Robert Robin & Deputy Treasury Secy. Lawrence Summers.
18 Mar 2016

Financial Crisis Commission Referred Robert Rubin Case To Justice Department

During his time in government, Rubin pushed to deregulate the financial services industry, which would later help him make millions working for Citigroup.

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11 Mar 2016

Wall Street Bonus Pool Is Double Combined Earnings Of Minimum Wage Workers

A new report calculates the Wall Street bonus pool doubles the combined annual earnings of all full-time minimum wage workers in America.

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29 Feb 2016

Citigroup Fined Again For Fraudulent Credit Card Practices

Consumer Financial Protection Bureau ordered the Too Big to Fail bank to pay $8 million for fraudulent sales of credit card debt.

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24 Feb 2016

Hillary Clinton Changes Position Again On Wall Street Transcripts

Another day, another position from former Secretary of State Hillary Clinton on why she will not release transcripts of her Wall Street speeches.

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Wall Street and the Supreme Court (Composit image via Dave Center and OZinOH on Flickr)
22 Feb 2016

Wall Street Makes Another Push To Stay Too Big To Fail

Wall Street lobbyists are back on the warpath, and the new battle is over regulators’ plans to end the Too Big To Fail dynamic.

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Hillary Clinton gives a speech to supporters after conceding to Bernie Sanders [Hooksett New Hampshire, USA] (Ted Eytan on Flickr)
19 Feb 2016

Clinton Defends Withholding Transcripts, Tells Dishonest Wall Street Story During Town Hall

Last night in Nevada, the two remaining candidates to be the Democratic Party’s 2016 nominee participated in a town hall ahead of this weekend’s caucus. Former Secretary of State Hillary Clinton faced more questions concerning the $2.9 million she personally made in Wall Street speaking fees. One member of the

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18 Feb 2016

The Problem With The Bourgeois Feminist Defense Of Hillary Clinton

After all, how distressing can the financial establishment be to those unaffected by its destruction?

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17 Feb 2016

Even Bank Bailout Architect Says Time To Break Up Banks

In a recent speech, Minneapolis Federal Reserve Chairman Neel Kaskkari said only breaking up the Too Big To Fail banks can prevent another financial crisis.

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