Wall Street

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Janet Yellen: A Popular Choice

Published by Anonymous (not verified) on Thu, 26/11/2020 - 3:05am in

Janet Yellen’s expected nomination is yet another Biden pick that emphasizes stability and a return to a government to which Americans had become accustomed before Trump’s election. Continue reading

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Unsanitized: Mnuchin Mothballs the Money Cannon, and I Feel Fine

Published by Anonymous (not verified) on Sat, 21/11/2020 - 5:17am in

There were pretty strong hints that Republicans were disinterested in continuing the CARES Act’s Federal Reserve lending facilities after it technically expires at the end of the year. The deadline could be extended, but Treasury would have to agree to the terms. And yesterday, Steve Mnuchin pulled the plug. Continue reading

The post Unsanitized: Mnuchin Mothballs the Money Cannon, and I Feel Fine appeared first on BillMoyers.com.

Trump’s Pal Just Used John Roberts’ Get-Out-Of-Jail Free Card

Published by Anonymous (not verified) on Sat, 18/07/2020 - 6:54am in

One of the Supreme Court’s least-noticed rulings in the past few months just helped the one of the planet’s biggest financial firms — and one of Donald Trump’s billionaire pals — stomp on thousands of public-sector workers and retirees in one of America’s poorest states. Continue reading

The post Trump’s Pal Just Used John Roberts’ Get-Out-Of-Jail Free Card appeared first on BillMoyers.com.

Trump’s Labor Secretary is Reaching Cartoonish Levels of Supervillainry

Published by Anonymous (not verified) on Fri, 10/07/2020 - 4:01am in

Three recent moves by President Trump’s labor secretary Eugene Scalia make it seem as if the agency is intent on being a Legion of Doom that funnels workers’ retirement savings to Wall Street billionaires and fossil fuel conglomerates. Continue reading

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US Attorney Geoffrey Berman’s Ouster: the Untold Story

Published by Anonymous (not verified) on Mon, 29/06/2020 - 6:13am in

Jay Clayton is Trump's top pick to replace Berman as federal prosecutor for the Southern District of New York. Clayton has never served a day as a prosecutor at a state or federal level. There’s an awful lot of folks in the Southern District of New York who would stand to benefit if it gets a Wall Street crony as its federal prosecutor. Continue reading

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The Supreme Court Just Gave Corporations a License to Steal

Published by Anonymous (not verified) on Thu, 25/06/2020 - 1:56am in

In the 1987 classic film Wall Street, pension funds make a brief but important appearance, as Gordon Gekko hatches a plan to steal 6,000 airline workers’ retirement savings. An angry Bud Fox asks Gekko: “How much is enough?” — a question warning … Continue reading

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NEWS: Trump Just Fulfilled His Billionaire Pal’s Dream

Published by Anonymous (not verified) on Tue, 16/06/2020 - 4:40am in

A Labor Department letter could help Trump’s private equity donors fleece 100 million workers. The letter follows a $3 million super PAC donation from a Wall Street titan pushing for the change. Continue reading

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Can the Republicans Get Their Act Together?

Published by Anonymous (not verified) on Sat, 13/06/2020 - 1:53am in

Trump will give his acceptance speech in Jacksonville, Florida, on August 27. The date is the 60th anniversary of a brutal attack on Black Jacksonville residents by white mobs brandishing baseball bats and ax handles, an event known as “Ax Handle Saturday.” Continue reading

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