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Big Banks Profits

Banks Used Low Wages, Job Insecurity To Force Employees To Commit Fraud

Dave Johnson | Posted 09.20.2016 | Business
Dave Johnson

Banks profit from low wages and job insecurity in more ways than the obvious. They don't just pocket the wage differential; they use the poverty-level wages and job insecurity to force employees to do unethical things they couldn't otherwise get them to do.

Alexander C. Kaufman

JPMorgan CEO Jamie Dimon Is Now A Billionaire | Alexander C. Kaufman | Posted 06.03.2015 | Business

NEW YORK -- Jamie Dimon is finally a billionaire. The JPMorgan Chase CEO and chairman’s net worth is now estimated at $1.1 billion, according to ...

Make Wall Street Pay, Restore Our Communities

Deborah Castillo | Posted 01.23.2014 | Business
Deborah Castillo

Some in the media are crying out as if the big bankers were being persecuted within an inch of their lives. As much as they complain, not a single banker has gone to jail as a result of the mortgage debacle. But I did.

Sen. Elizabeth Warren on Student Loans

Tavis Smiley | Posted 08.10.2013 | DC
Tavis Smiley

During my exclusive broadcast conversation with Sen. Elizabeth Warren tonight on PBS, she states, "We can't be a country that invests in big banks and won't invest in our students who want an education. Let's not call it postmortem just yet; let's call it we're still in the middle of the fight."

The Flow of Money in New York State Politics

Ana Komnenic | Posted 03.02.2013 | New York
Ana Komnenic

The logic behind the Citizen's United ruling was that people, corporations, and organizations have the right to free speech. However, disclosure reports indicate that donors often contribute to such a wide range of political candidates and parties that their money goes to contradicting ideologies.

Banks Profitting Off Government Program Aimed At Struggling Borrowers

The Huffington Post | Bonnie Kavoussi | Posted 03.29.2012 | Business

Perhaps the government's homeowner assistance program should be renamed the bank assistance program. Big banks have profited from HARP 2.0, the gov...

Banks Rake In Huge Profits, Don't Share Them

The Huffington Post | Jillian Berman | Posted 02.28.2012 | Business

Wall Street just scrimped, saved and cut its way back to pre-recession levels of profit. Bank profits jumped to a five-year high in 2011, according...

BofA CEO 'Incensed' People Don't Recognize 'How Much Good' His Employees Do

The Huffington Post | Jillian Berman | Posted 12.26.2011 | Business

Bank of America CEO Bryan Moynihan says the public needs to start thinking before they criticize his company. "I, like you, get a little incensed ...

Morgan Stanley Nets Billions In Profit, After Loss Last Year

Posted 12.19.2011 | Business

Morgan Stanley swung to a $2.15 billion profit in the third quarter, helped by a large accounting gain, even as core revenue in trading, banking and w...

LIVE UPDATES: Occupy Wall Street Movement Spreads To Other Cities

Posted 12.04.2011 | Business

Occupy Wall Street began as a relatively marginalized group protesting in a Manhattan park. That has changed. (CLICK HERE FOR LIVE UPDATES) ...

Bail out Could Cost Taxpayers Thirty Times more than Reported

Earl Ofari Hutchinson | Posted 05.25.2011 | Home
Earl Ofari Hutchinson

In 2008 and 2009, 50 separate Federal programs offered $23 trillion in loans, grants, or asset guarantees to the financial sector. Huh! This item was ...

Has Obama's Handling of the Bank Bailout Undermined Health Care Reform?

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

If we don't learn from the botched bank bailout, we are in danger of getting the same patchwork, reform-in-name-only outcome on health care.