by Dave Johnson | Jul 28, 2016 | Blog, Financial Reform
I have been hounded for months by a company attempting to collect money for a gym membership that I canceled more than 15 years ago. I was paying $150 a year for the membership before I correctly canceled the membership in writing. That "fitness center" was bought by...
by Richard Eskow | Jul 25, 2016 | Blog, Financial Reform
[youtube https://www.youtube.com/watch?v=e7FQXkm8bGQ&w=560&h=315] We recently spoke with Sen. Tammy Baldwin about three financial reform initiatives: ending Wall Street's huge bonuses for employees who enter government service, reducing "vulture" capitalism's impact...
by Sam Pizzigati | Jul 19, 2016 | Blog, Financial Reform, Jobs and Growth
Lloyd Blankfein, one of America’s most powerful bankers, a few years ago told a reporter that his Goldman Sachs financial colossus was doing “God’s work.” That offhand comment would provoke an instant uproar. An embarrassed Blankfein had to quickly calm the waters. He...
by Dave Johnson | Jul 15, 2016 | Blog, Financial Reform
The idea of putting a small "Robin Hood" tax on financial transactions has been kicking around for a while, but in the last month the idea has picked up some real steam. The Financial Transaction Tax (FTT), also called a "Wall Street Speculation Tax," proposal asks...
by Richard Eskow | Jul 13, 2016 | Blog, Financial Reform
Eric Holder certainly has changed since his days at Columbia University. According to the New York Times, "as a boyish-looking freshman" he "was recruited by upperclassmen to help take over the R.O.T.C. office," which they claimed as "a student center named for...
by Richard Eskow | Jul 8, 2016 | Blog, Election 2016, Financial Reform
Here’s a sentence from the Democratic Party’s recently released draft platform: “We will reform the Federal Reserve so that it is more representative of America as a whole, and we will fight to make sure that executives at financial institutions are not allowed to...
