Published on Wednesday, August 05, 2015 by Common Dreams by Sarah Lazare, staff writer Just a month after Governor Alejandro García Padilla said it will be impossible for Puerto Rico to climb out of its $72 billion in debt, the government this week missed a bond payment for the first time ever, compounding a political and economic crisis that analysts […]
Published on Tuesday, August 04, 2015 by Common Dreams by Deirdre Fulton, staff writer Despite lofty rhetoric from politicians who vowed in the aftermath of the 2008 financial crisis to hold Wall Street accountable, U.S. Justice Department statistics show a “long-term collapse” of federal white collar crime prosecutions, which are down to their lowest level in 20 years, according […]
Fifteen towns approve resolution that would establish bank that works for Vermont, not Wall Street
Wall Street firms are now making millions in profits off of public pension funds nationwide
Richmond, city officials are using eminent domain to force big banks to stop foreclosing on people’s homes in an innovative new strategy known as ‘Principle Reduction’ aimed at addressing California’s burgeoning housing crisis.
Six weeks after being appointed chair, Jeb Hensarling was joined by representatives of the banking industry for a ski vacation fundraiser at a posh Park City, Utah, resort.