by Sam Pizzigati | Feb 20, 2012 | Blog, Financial Reform
Lawmakers make laws. They don't enforce them. Corporate America understands that difference — and exploits it with a relentless regularity. The latest case in point: the battle over outrageous CEO pay. Towers Watson, the corporate consulting powerhouse, last week shot...
by Mary Bottari | Jan 26, 2012 | Blog, Financial Reform
Thanks to Occupy Wall Street, in the State of the Union this week President Obama struck some of his most populist themes yet. He wants to tax millionaires, bring back manufacturing and prosecute the big banks. He touted his Wall Street reforms saying the big banks...
by Leo Gerard | Jan 10, 2012 | Blog, Financial Reform
In America, when gangs of bullies torment school children, pushing them around and extorting their lunch money, parents know only one response effectively counters the abuse: confrontation. Running, whining, negotiating -- none of that works. For the past year, since...
by Isaiah J. Poole | Jan 4, 2012 | Blog, Financial Reform, Making it in America
Don't get too distracted by the fissures in the Republican electorate revealed in Tuesday night's Iowa caucus vote. On basic economic issues, in fact, the candidates are remarkably united; there's hardly eight votes worth of difference between Mitt Romney and Rick...
by Mary Bottari | Dec 21, 2011 | Blog, Financial Reform
On Monday, Bank of America (BofA) stocks briefly traded for under $5. Yes, you could buy a share of BofA for less than the noxious debit card fee they tried to force down your throat. BofA is massive, with assets equivalent to 15 percent of U.S. GDP. So why is it...
by Bill Scher | Dec 15, 2011 | Blog, Economy, Financial Reform
Today, presidential candidate Mitt Romney outlines his "jobs" plan in USA Today, by asserting that: "All too often ... government gets in the way. The past three years of unparalleled government expansion have retaught that lesson all too well." Funny that Romney's...