by Leo Gerard | May 22, 2012 | Blog, Financial Reform
At Citigroup, shareholders had their say on CEO pay -- and they yelled, "No damn way!" Concerted action by shareholders, workers and public interest groups compelled corporate change in several other cases this spring as well. At least three CEOs resigned. Executives...
by Sam Pizzigati | May 21, 2012 | Blog
Facebook's initial public offering last week 'offered' the world another double dose of windfalls and greed. But Egypt's elections this week may bring an IPO of a different sort, the 'initial public offering' of an antidote to avarice. Remember the heady days of the...
by Richard Eskow | May 21, 2012 | Blog
When Jamie Dimon revealed that JPMorgan Chase had lost billions through risky and legally questionable trading, he said the losses would be about $2 billion and maybe more. Apparently it is more - a lot more. People in a position to know are saying the real figure is...
by Dave Johnson | May 20, 2012 | Blog
Which is better for an economy: millions of future jobs and trillions of future dollars, or a few people making a quick buck today by selling out their country? For decades America's 1%-backed conservatives have chosen the latter course, and we can see the results all...