Jamie Dimon, CEO of JPMorgan Chase (Remixed photo, based on Dimon photo by Steve Jurvetson on Flickr)
29 Jan 2016

JPMorgan Pays Billions To Settle With Ambac, Lehman Brothers

JPMorgan is almost finished paying off the rich people it screwed in the run-up to the 2008 financial crisis. As for the poor? Well, not so much.

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Goldman Sachs CEO Lloyd Blankfein and Hillary Clinton
27 Jan 2016

Is Goldman Sachs Involved In A Corruption Scandal In Malaysia?

Goldman Sachs’ Southeast Asia chairman​ has taken a leave of absence as his branch is embroiled in a corruption scandal at 1Malaysia Development Berhad.

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Davos Congress center, during the World Economic Forum (Photo by MadGeographer)
25 Jan 2016

Citigroup, Davos Worry About Popular Backlash To Neoliberal Order

From January 20-23, the global elite met in Davos, Switzerland for the annual World Economic Forum. The themes this year were the dangers of inequality and terrorism to the current world order, an order those present have benefited the most from and have charged themselves with maintaining. The founder and

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"United We Bargain, Divided We Beg" sign from February 23, 2011 Labor Rally in La Crosse, WI. (tinfoilraccoon on Flickr)
22 Jan 2016

Supreme Court Could Cripple Unions, Increase Inequality

A case currently before the Supreme Court could become another debilitating blow to what remains of the US labor movement.

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In this November 19, 2010 photograph, a man walks along a massive pipe through a field of refuse on his way back to the Dharavi slum from the market, in Mumbai India. (Flickr / Meena Kadri)
20 Jan 2016

Report: Richest 62 People As Wealthy As Half Of World

According to Oxfam’s report, the 62 richest billionaires in the world own as much wealth as the poorer half of the planet’s population — 3.6 billion people

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"US Treasury Under New Management (Washington, DC) (5377935024)" by takomabibelot - US Treasury Under New Management (Washington, DC)Uploaded by palnatoke. Licensed under CC BY 2.0 via Wikimedia Commons - https://commons.wikimedia.org/wiki/File:US_Treasury_Under_New_Management_(Washington,_DC)_(5377935024).jpg#/media/File:US_Treasury_Under_New_Management_(Washington,_DC)_(5377935024).jpg
18 Jan 2016

Hillary Clinton’s Wall Street Ties Take Center Stage In Debate

While the candidates touched on topics ranging from dealing with Iran, healthcare, and gun control, money and politics was a major focus of the debate.

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A sign announcing a lender auction rests in the grass outside a foreclosed home in this February 13, 2008 photograph. (Wikimedia Commons / Brendel)
15 Jan 2016

Goldman Sachs To Pay $5.1 Billion For Causing 2008 Financial Crisis

The Too Big To Fail & Jail bank to pay a $2.385 billion civil monetary penalty, make $875 million in cash payments, provide $1.8 billion in consumer relief.

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Left: U.S. Senator Marco Rubio of Florida speaking at the 2015 Conservative Political Action Conference (CPAC) in National Harbor, Maryland on February 27, 2015. (Wikimedia Commons / Gage Skidmore). Right: Congressional Portrait of former US Rep. David Rivera. (Wikimedia Commons / U.S. Congress)
13 Jan 2016

Marco Rubio Connected To Federal Investigation For Tax Evasion

Senator Marco Rubio’s association with former Congressman David Rivera continues to be a problem for the senator.

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The "Jenga" Scene from "The Big Short." (The Big Short)
11 Jan 2016

SEC Warns Rating Agencies Still Breaking The Rules

Just as in “The Big Short,” the SEC warned that national ratings organizations are still rating junk as gold in order to keep the business of big banks.

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File: A sign outside a payday loan shark announcing their services, photographed on October 8, 2012. (Flickr / HelenCobain)
08 Jan 2016

Millennials Increasingly Using Payday Lenders And Pawnshops

In the past five years, 40% of millennials used a payday loan, pawnshop, tax refund advance or other alternative financial product.

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