Stories by Nomi Prins
Nomi Prins is a senior fellow at the public policy center Demos and author of It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street.
Posted on Jan 25, 2012, Source: AlterNet
The president was in full campaign mode this week, but there was a lot he didn't say.
Posted on Nov 8, 2011, Source: Mother Jones
The "pay cap" the Obama administration put on seven bailed-out companies was largely symbolic. Here are the unaffected players still making bank off the bubble and the bailout.
Posted on Oct 27, 2011, Source: TruthOut.org
Here are ten reasons to take your money out of Bank of America - and park it at a credit union or community bank near you.
Posted on Jun 27, 2011, Source: AlterNet
The crooks who brought down the economy get a slap on the wrist.
Posted on May 18, 2011, Source: AlterNet
The IMF can do far more damage trashing global economic well-being than the man behind the sex abuse scandal.
Posted on Feb 4, 2011, Source: AlterNet
Economic decline at the hands of 'hot' money has driven Egyptians' discontent.
Posted on Jan 3, 2011, Source: Truthdig
A higher stock market is of little comfort to the millions who don't have jobs, are facing foreclosure, fraudulent or otherwise, or have no health coverage.
Posted on Dec 1, 2010, Source: AlterNet
The Federal Reserve chief has recklessly bailed out our financial system -- we shouldn't wait the 10 years before his term expires to toss him overboard.
Posted on Oct 14, 2010, Source: AlterNet
Treasury and Obama are facing huge financial pressure.
Posted on Apr 14, 2010, Source: AlterNet
None of this is reform. We are better off with nada than vapid promises and a false sense of security.
Posted on Mar 3, 2010, Source: AlterNet
It's not just Dodd's collapse on the Consumer Protection Agency -- it's the whole financial reform enchilada.
Posted on Jan 27, 2010, Source: AlterNet
Volcker has the right idea, but Obama must take it much further if he wants to protect our economy from Wall Street excess.
Posted on Jan 14, 2010, Source: AlterNet
It is exasperating to watch the commission in charge of investigating last year's financial disaster be distracted and deflected by the bankers who ripped us off.
Posted on Dec 28, 2009, Source: AlterNet
Lies that justify screwing over Main Street.
Posted on Nov 14, 2009, Source: AlterNet
It's been 10 years since Washington repealed the Glass-Steagall Act, the moment we got royally screwed by the banking system -- and we're still paying the price.
Posted on Oct 30, 2009, Source: AlterNet
An interview with Prins, former managing director at Goldman Sachs, now a razor-sharp financial muckraker and author of the new book, "It Takes a Pillage."
Posted on Sep 29, 2009, Source: Wiley Press
To hear it from the big financial companies, the big crash started when poor people bought homes they couldn't afford. But that was at most 1% of the problem.
Posted on Sep 26, 2009, Source: The Nation
The government hasn't exactly been forthcoming about how it has made buckets of money available to the banking sector. But here's what really happened.
Posted on Sep 16, 2009, Source: Mother Jones
Obama claims that govt. funding of the banking system saved the economy, but without reform he is playing an expensive and dangerous game.
Posted on Jun 19, 2009, Source: Mother Jones
His new regulations have been billed as the most sweeping overhaul of the financial system since the Great Depression. Obama, alas, is no FDR.
Posted on May 28, 2009, Source: AlterNet
How Goldman deftly diverted attention away from the tens of billions it has taken from the public.
Posted on Mar 3, 2009, Source: AlterNet
Pumping more money into the financial giant reflects rampant cluelessness and a misplaced belief that inaction is worse than action.
Posted on Dec 20, 2008, Source: The Nation
Some major steps toward transparency are needed to begin to ensure that the bailout money is not being squandered.
Posted on Dec 9, 2008, Source: AlterNet
Whether or not bailing out the Big Three makes financial sense (which it doesn't), it's still a fraction of the cost of bailing out Wall Street.
Posted on Nov 7, 2008, Source: AlterNet
They got us into this mess, and now they want to cash out -- will President Obama stop them?
Posted on Oct 15, 2008, Source: The Nation
Paulson and his wheeler-dealer pals have proven more interested in preserving their own wealth than in stabilizing the American economy.
Posted on Sep 24, 2008, Source: AlterNet
The Bush-Paulson trillion-dollar payoff scheme won't save Wall Street from the mess it created.
Posted on Sep 17, 2008, Source: AlterNet
The speculative nature of the financial industry is a threat to national economic security. It requires a serious exit strategy.
Posted on Sep 9, 2008, Source: AlterNet
Ignore the pop-politics and look at the issue that matters most to American families.
Posted on Aug 29, 2008, Source: AlterNet
McCain may be resorting to obvious pandering with his VP pick -- but political pandering wins elections.
Posted on Jul 8, 2008, Source: AlterNet
Oil prices won't be dropping any time soon. Not until the first mandatory and detailed trade reports cover the entire global futures trading markets.
Posted on May 6, 2008, Source: The Wip
Exxon is working to assure that whoever gets into the Oval Office doesn't try to tax some of their profits away.
Posted on Feb 2, 2008, Source: Newsday
We can't solve our economic pain with another handout -- we need to regulate excessive exorbitant rates and nontransparent lending practices.
Posted on Jan 24, 2008, Source: The Wip
There's a national economy, and then there's a "people's economy." Guess which one will see more "relief."
Posted on Dec 30, 2007, Source: The Women's International Perspective
The U.S. has the most prisoners and the highest jailing rate of any country -- the insanity must stop.
Posted on Dec 9, 2007, Source: The Nation
The debate over whether the blame for the crisis should rest with lenders or borrowers misses a crucial point: if lenders couldn't offset their loans to Wall Street, their practices couldn't have spiraled out of control.
Posted on Oct 3, 2007, Source: AlterNet
The new book Stolen Without a Gun is a confession from inside history's biggest accounting fraud -- the collapse of MCI WorldCom.
Posted on Jun 21, 2007, Source: Newsday
The government can do more to make borrowing for college tuition a benefit, not a burden.
Posted on Jun 2, 2007, Source: AlterNet
A conversation with author David Rose about a murder trial gone wrong and what it tells us about the racial and economic bias in America's criminal justice system today.
Posted on Nov 17, 2006, Source: AlterNet
Rummy gets the boot and Paris Hilton gets richer.
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