Curbing Wall Street


Richard Eskow's picture

No Accountability in NY or DC: $15 Billion for Jobs, $20 Billion for Bonuses - and Dodd Still Wants to Compromise

When I worked in the Financial District back in the nineties, the big-shot investment types loved to talk about accountability. Almost all male, they loved macho posturing. They got big money because they took big risks, they'd say. They were the Danger Boys. They had to lay it all on the line every day.

But if there's one thing we've learned in the past couple of years, it's that Wall Street lives in a No-Accountability Culture. It's No Risk, All Reward. more »

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Richard Eskow's picture

Wall Street and GOP Senators: 8-Ball in the Side Pocket

Mattel makes a toy called the "Magic 8-Ball." It looks like a pool ball with a little window in it. You ask it a question, then shake it and an answer pops up in the glass. They were a craze in the corporate world a few years back, and you still see lots of them holding down papers on desks across America. more »

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