Stories by Les Leopold

Les Leopold is the executive director of the Labor Institute in New York, and author of How to Make a Million Dollars an Hour: Why Hedge Funds Get Away with Siphoning Off America's Wealth (J. Wiley and Sons, 2013).  subscribe to Les Leopold's feed

Posted on: Apr 15, 2011, Source: AlterNet

It’s high time that the $2.2 trillion sloshing around in hedge funds supported real job creation and debt repayment instead of enriching a handful of billionaires.

Posted on: Apr 11, 2011, Source: AlterNet

How do they make so much money? Where does it come from? How can hedge fund firms with fewer than 100 employees make as much profit as firms with thousands of employees?

Posted on: Mar 31, 2011, Source: AlterNet

Warren and the AGs are demanding that the banks pay for the damage they have done AND create jobs. How refreshing!

Posted on: Mar 30, 2011, Source: AlterNet

It's up to us to embarrass lawmakers into making financial elites pay their fair share.

Posted on: Mar 23, 2011, Source: AlterNet

For more than a quarter century after WWII the fruits of America's productivity were shared with average working people, year in and year out. Not anymore.

Posted on: Mar 9, 2011, Source: AlterNet

The latest jobs report indicates that the unemployment and job creation rates are better than a year ago, but there are problems with the numbers.

Posted on: Jan 21, 2011, Source: AlterNet

Most Americans rightly sense that our middle-class dominated economy has devolved into a system of financial socialism by and for elites.

Posted on: Dec 29, 2010, Source: AlterNet

What a great year for Wall Street: profits up, bonuses up and, best of all, criticism down. Somehow Wall Street has much of America believing its lies and rationalizations.

Posted on: Oct 15, 2010, Source: AlterNet

The top 10 hedge fund honchos each averaged $1.87 billion in 2009 -- wouldn't you like to know their secrets? Here are a few.

Posted on: Sep 16, 2010, Source: AlterNet

Instead of showing their outrage about the spread of poverty in the richest nation on Earth, the super-rich want us to pity them?

Posted on: Oct 22, 2009, Source: AlterNet

We force very low income single moms to jump through hoops to get their welfare checks, but we let Wall Street's welfare kings walk all over us.

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