Report: Corporate America’s Higher Earnings Due To Stock Buyback Scams
Corporate America is cannibalizing the economy through stock buybacks, allowing the 1% to pocket more corporate earnings than ever before.
Hillary Clinton Defends Wall Street Patronage With 9/11, McFeminism
If you thought it was inappropriate of Hillary Clinton to invoke 9/11 to respond to allegations of campaign finance corruption, you’re not alone.
American Consumers $11.85 Trillion In Debt, Corporate Sector Re-Leveraging
According to an analysis by personal finance information company NerdWallet, American consumers owe a total of $11.85 trillion in debt.
Wall Street Group Goes On Ad Blitz Against CFPB
Viewers of last night’s Republican presidential debate were treated to quite a spectacle. Not only did they get to see a presidential debate, but multiple times during the commercial breaks a 30-second ad called “Denied,” by the 501(c)(4) group American Action Network, played and presented an Orwellian vision of the
Too Big To Fail AIG Refuses To Break Up
AIG executives are refusing to consider a plan created by shareholder activist Carl Icahn to break up the massive “Too Big To Fail” corporation.
Corporate Coup: Arbitration Clauses Deny Justice To Consumers
Consumers have been effectively prevented from seeking justice through class action lawsuits in many instances thanks to arbitration clauses in contracts.
Investigation By Elizabeth Warren Reveals Life Insurance Kickback Scheme
Elizabeth Warren revealed a massive life insurance kickback scheme where agents encourage customers to buy substandard coverage in return for personal gain.
Whistleblower Validated in Goldman Sachs-New York Fed Corruption Case
A former Goldman Sachs employee and a former NY Fed employee will plead guilty to criminal charges related to leaking documents from the Fed to Goldman.
SEC Facing Criticism For Proposed Rules That Reduce Transparency
The SEC’s proposal would make it harder to bring charges of securities fraud by giving Wall Street companies more room to withhold vital information.
Global 1% Own Half Of World’s Wealth, Social Security And Worker Pay Frozen
According to the 2015 wealth report by Credit Suisse, the global top wealth percentile now own half of all household assets in the world. The increased financialization of the world economy combined with political systems bent towards the wealthy has led to an incredibly unequal world where a relative handful of
