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Today, the Senate voted to reauthorize the Terrorism Risk Insurance Program, which serves as a bailout guarantee for big businesses. Here's David Dayen on this bipartisan-approved corporate ...
by Liberty Equality Fraternity and Trees
Comment Count 75 comments on Thu Jan 08, 2015 at 12:30 PM PST with 48 Recommends
JPMorgan Chase CEO Jamie Dimon Wall Street got something to cheer about Thursday night—something other than the billions pillaged from our economy that cheer it every day—when the House voted ...
by Laura Clawson
Comment Count 132 comments on Fri Dec 12, 2014 at 07:01 AM PST with 56 Recommends
Sen. Elizabeth Warren is not happy about ...
by Laura Clawson
Comment Count 94 comments on Wed Dec 10, 2014 at 11:00 AM PST with 123 Recommends
As I'm sure most of you have read, the House is voting on a $1.1 trillion cromnibus bill (continuing resolution omnibus) intended to keep most parts of the federal government funded through Sept. ...
by Betty Pinson
Comment Count 14 comments on Wed Dec 10, 2014 at 11:07 AM PST with 18 Recommends
As has been the case before, I find myself simultaneously pleased and displeased with the actions of the Obama administration. I applaud the president's executive action on immigration policy. I ...
by Richard Lyon
Comment Count 7 comments on Sun Nov 23, 2014 at 09:53 AM PST with 6 Recommends
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by poopdogcomedy
Comment Count 19 comments on Mon Jul 14, 2014 at 05:38 PM PDT with 13 Recommends
The four banks listed in the infographic below – CitiGroup, Bank of America, JPMorgan Chase, and Wells Fargo – have received nearly $93 billion in taxpayer funds ($92,849,517,353 to be exact) ...
by David Harris Gershon
Comment Count 36 comments on Fri May 30, 2014 at 08:52 AM PDT with 44 Recommends
Two weeks ago, at a Democratic retreat in Maryland, Vice President Joe Biden told Democrats that Obama would not get fast-track trade authority any time soon. "Nancy, I know it's not coming up now,�
by Liberty Equality Fraternity and Trees
Comment Count 79 comments on Fri Feb 28, 2014 at 07:02 AM PST with 40 Recommends
New York Times financial writer Gretchen Morgenson writes on Saturday, 28 December this year, that a bank executive, Daniel T. Poston, former chief financial officer of Fifth Third Bank based in ...
by Karen Hedwig Backman
Comment Count 7 comments on Sat Dec 28, 2013 at 10:41 AM PST with 17 Recommends
Last night, the New York Times published an article by former POLITICO writer Jonathan Martin , entitled "Warren is Now the Hot Ticket Among the Far Left." I saw the article when progressive ...
by Liberty Equality Fraternity and Trees
Comment Count 14 comments on Mon Sep 30, 2013 at 06:46 AM PDT with 34 Recommends
Brad Delong shows what a real economist thinks about global warming in the agreeably wonky and disagreeably typo-ridden post here (bolded and reformatted by me): The self-deluded ... and the vested ...
by emorej a Hong Kong
Comment Count 3 comments on Wed Sep 25, 2013 at 08:02 PM PDT with 8 Recommends
As part of Detroit's historic Bankrupty dealings, the Michigan Governor's "financial czar" has put the pension plan of the City's workers, on the "bad debts" chopping block table. Even though, ...
by jamess
Comment Count 42 comments on Sat Jul 27, 2013 at 10:03 AM PDT with 20 Recommends
I've said it before, I'll say it again: I love Senator Al Franken (D. MN): http://hometownsource.com/2013/04/30/sen-franken-leads-charge-to-protect-consumers-legal-rights-against-wall-street/
by poopdogcomedy
Comment Count 3 comments on Tue Apr 30, 2013 at 06:52 PM PDT with 15 Recommends
By Mike Konczal, originally published on Next New Deal Let’s say you were trying to make a personal budget. We can imagine two reasonable ideas you would want to incorporate into this budget. The ...
by Roosevelt Institute
Comment Count 3 comments on Wed Jan 09, 2013 at 06:39 AM PST with 8 Recommends
The news on Wall Street this week has been the best since the start of the Great Recession. Earlier this week, Krugman posted this chart of the DJIA since the beginning of 2008 in A Vote of ...
by Neon Vincent
Comment Count 14 comments on Sat Sep 15, 2012 at 12:26 PM PDT with 6 Recommends
The name Benjamin Lawsky shouldn't be new to members of Kos. His nailing Standard Chartered Bank of UK with a $ 340 million fine for money laundering for Iran has been the subject of excellent ...
by griz4u
Comment Count 4 comments on Fri Aug 17, 2012 at 11:01 AM PDT with 6 Recommends
Counter-frame It! How to Stop Using Their Words by Susan C. Strong, Executive Director, The Metaphor Project, http://www.metaphorproject.org Democrats, liberals, progressives, and radicals unite ...
by SusanCStrong
Comment Count 21 comments on Fri Aug 10, 2012 at 09:43 AM PDT with 18 Recommends
Richard Trumka marching on Wall Street in 2010 (Mike Segar/Reuters) With the Securities and Exchange Commission launching an investigation into JPMorgan's accounting practices, AFL-CIO ...
by Laura Clawson
Comment Count 78 comments on Fri May 11, 2012 at 11:29 AM PDT with 44 Recommends
As someone who lived in Atlanta, GA from 1985 to 2000, I've had to listen to Newt Gingrich way more than I ever wanted to. And I never agreed with him on anything - till this week. In a tv ...
by StewartAcuff
Comment Count 7 comments on Fri Jan 13, 2012 at 08:10 PM PST with 9 Recommends
This article is a lesson at law and, equally important, a candid look at the Securities and Exchange Commision bedding with or bedded by the financial institutions, represented here by Citigroup. ...
by stevenb
Comment Count 1 comments on Mon Nov 28, 2011 at 06:21 PM PST with 2 Recommends