Articles tagged with: “Wall Street”
Top Democrats eye stock trade tax
House Democratic leaders are considering imposing a new tax on stock transactions to fund a jobs bill, leadership sources tell The Hill. Rep. Ed Perlmutter ...
One year later, gov't can't track TARP
CHARLOTTE, NC (WBTV) - One year ago, America's biggest banks were failing. And the government was more than willing to bail them out.We now know ...
Your choice - the film or the fundraiser?
I saw Michael Moore's new film Capitalism - A Love Story last week and readers of this blog won't be surprised I'm giving it a ...
'America's Mayor' Calls for a Moratorium on Home Foreclosures
Thursday, November 12th, on MSNBC's 'The Ed Show,' Virg Bernero, Mayor of Lansing, Michigan, calls for a moratorium on home foreclosures:ED SCHULTZ, MSNBC HOST: I ...
Veterans: Lip Service, Bankers: Billions & America: Foreclosures - Here’s The Fix
One thing about doing a two hour show that heavily covers both the financial crisis and the wars in Iraq and Afghanistan is that you ...
Report: AIG CEO ready to quit over pay constraints
NEW YORK — After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he ...
The Audacity to Change
What a long, strange year it's been since Election Night 2008. Whatever this administration has represented so far, it has not yet delivered change we ...
Keep consumers safe by bringing back Glass-Steagall Act
A year ago the U.S. Treasury was pumping billions of borrowed dollars into banks judged to be "too big to fail." This cannot be allowed ...
Fears of a New Bubble as Cash Pours In
Concerns are mounting that efforts by governments and central banks to stoke a recovery will create a nasty side effect: asset bubbles in real-estate, stock ...
Trouble Ahead: Can the Right Seize the Banking Reform Issue in 2010?
Eliot Spitzer explains how the White House defense of the status quo will give Republicans powerful ammunition in the 2010 elections.Few things are as potent ...
Animal House Rules: Treasury Proposes to Use DOUBLE SECRET PROBATION
You can never compete with self-parody, and Treasury and the Fed have mastered the art. The proposed legislation to respond to systemically dangerous institutions (SDIs) ...
The Pillage People
It’s as if last year’s meltdown—causing a $16 trillion bailout of the financial industry, the doubling of America’s unemployment rate and the loss of 2 ...
Bankers Expect Rising Bonus Pay to Break Records in Global Poll
Oct. 30 -- In Washington and on Main Street, politicians and voters are railing against Wall Street’s multi- million-dollar pay packages. In the financial world, ...
Here Come the Unions
On Tuesday morning, in Chicago, the unions came to town. It was the final day of the rolling protest dubbed The Showdown in Chicago, a ...
Protests at US bankers' convention
America's bankers may not agree on much. But on one issue, they are entirely united. They refuse to become humble whipping boys, taking the blame ...
Breaking Up the Big Banks, and Why Congress Won't Do It
And now there are five -- five Wall Street behemoths, bigger than they were before the Great Meltdown, paying fatter salaries and bonuses to retain ...
New York Fed's Secret Choice to Pay for Swaps Hits Taxpayers
Oct. 27 -- In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and his colleagues ...
Bankers and Their Victims
Day two of the Showdown in Chicago, a three-day-long protest against big banks, began a bit dismally for The Nation. An email from American Bankers ...
The fallout from WaMu's failure
The navy-blue and yellow Washington Mutual signs around town have been gone for months, replaced by Chase's lighter blue logo. But the fallout from the ...
Reckless strategies doomed WaMu
On Sept. 10, 2007, Washington Mutual CEO Kerry Killinger stood before an audience of analysts and money managers and assured them the Seattle-based thrift would ...
Protests Aimed at Bankers' Convention
Chicago - For five decades, Bonita Williamson called a house at 56th and South Loomis Streets home. She's slated to be evicted from that home ...
Economy Yielding ‘Very Angry’ People, Bankers Told
Oct. 26 -- A top American Bankers Association official defended the group’s members against demonstrators massing in Chicago to protest the industry’s opposition to proposed ...
VIDEO: You Weren't on the Guest List
Today was an amazing beginning for us. Not just the beginning of the three day protest against the American Bankers Association (ABA) conference, but the ...
Protesters storm big bankers meet, chant ‘we’ll be back’ as police escort them out
The annual American Bankers Association meeting in Chicago is not going as planned. Besieged by activists from the Service Employees International Union, the AFL-CIO and ...
"Michael Moore's Action Plan: 15 Things Every American Can Do Right Now"
Friends,It's the #1 question I'm constantly asked after people see my movie: "OK -- so NOW what can I DO?!"You want something to do? Well, ...
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