View By Tag : wall street

Wall Street bonuses jumped 17 percent last year (www.reuters.com)

Bonuses on Wall Street rose 17 percent last year to $20.3 billion even as the industry faced a public backlash over pay practices.

Tags: big banks,wall street,bonuses

Submitted 22 days ago by gregplaysdrums | 0 Comments |

Hightower Lowdown | How corporate money took over Washington--and created the mobs who rant against reform (www.hightowerlowdown.org) TMC

Despite a constant racket from the forces of the far-out right (Fox television's yackety-yackers, just-say-no GOP know-nothings, tea-bag howlers, Sarah Palinistas, et al.), the great majority of... More

Tags: tmc,tmcmedia,economytmc,economy,bailout,financial reform,wall street

Submitted 29 days ago by AlisonHamm | 0 Comments |

Consumer groups: Breaking up banks ‘crucial’ to avoid another meltdown (rawstory.com)

As the Senate debates financial reform, consumer groups are urging Congress to break up the biggest banks and impose strict limits on proprietary lending, virtually guaranteeing a "repeat" of the 2008... More

Tags: big banks,volcker,too big to fail,wall street

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

The Tea Party: Economic Populists or Wall Street Toadies? - Les Leopold at Chelsea Green (chelseagreen.com) TMC

Who cares? We all should. The Tea Party is not a fake. It's not just a creation of Fox News and Dick Armey's Astroturfing operation. It's a genuine expression of populist anger that is driving our... More

Tags: tmc,tmcmedia,economytmc,economy,tea party,economic populists,wall street

Submitted about 1 month ago by AlisonHamm | 0 Comments |

Desperate Times, Desperate Measures: Luntz Backs the Big Lie (www.banksterusa.org)

Republicans are on the defensive. As we enter the 2010 election cycle, Republicans are a bit worried that Americans might remember how their maniacal push to deregulate Wall Street resulted in the... More

Tags: big banks,luntz,financial reform,wall street

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Why Are We Donating $2,000 Per Family to Wall Street Bonuses? (www.huffingtonpost.com)

President Obama won't tell us in his State of the Union address. The deficit hawks won't crow about it. Don't expect the Tea Party or Rush and Beck to highlight our generosity either. But the sad fact... More

Tags: big banks,obama,bonuses,wall street

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Wall Street’s Stranglehold on the Economy Is Choking Americans (moneymorning.com)

America's Founding Fathers were afraid of any concentration of power in the republic. They were particularly afraid that banking interests could hijack our fledgling democracy. And yet today, 234... More

Tags: big banks,financial crisis,wall street,tarp

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Obama to Wall Street: "You want to fight? I am ready." (www.banksterusa.org)

The President took on Wall Street Thursday. Stocks plummeted, consumer activists cheered. Now we are talking.

Tags: big banks,wall street,financial crisis

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Strong Year for Goldman, as It Trims Bonus Pool (www.nytimes.com)

No one was crowing about their big paychecks at Goldman Sachs headquarters in New York on Thursday. Despite a record 2009, the bank announced that it had set aside only $16.2 billion to reward its... More

Tags: big banks,goldman,bonuses,wall street

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

What's Still Hidden in AIG's Files? | The Huffington Post Investigative Fund (huffpostfund.org) TMC

As federal hearings into the cause of the financial crisis got underway this week, attention has focused on one key outstanding question: Whether the giant insurer American International Group... More

Tags: tmc,tmcmedia,economytmc,bailout,wall street,bonuses,aig

Submitted about 1 month ago by AlisonHamm | 0 Comments |

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