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On AlterNet: banks

Stories, blog posts, and videos tagged as "banks"

Hightower: Obscenely Rich Bankers Claim to Do God's Work -- They Can Go to Hell

Hightower: Obscenely Rich Bankers Claim to Do God's Work -- They Can Go to Hell

Jim Hightower, AlterNet. November 18, 2009.
Top executives were initially hurt by the public's moral outrage. But their sense of entitlement quickly kicked in, and now they claim they're the good guys.

Want to Save Our Economy from Almighty Greed? Here Are 10 Crucial Fights and Key Fighters to Watch

Want to Save Our Economy from Almighty Greed? Here Are 10 Crucial Fights and Key Fighters to Watch

Zach Carter, AlterNet. November 5, 2009.
If the economic crisis taught us anything, it's that bringing to heel the whiz kids of finance is a top priority.

Showdown in Chicago: Protesters Rally Against Big Banks' Anti-Reform Lobbying

Showdown in Chicago: Protesters Rally Against Big Banks' Anti-Reform Lobbying

Meg White, BuzzFlash. October 27, 2009.
As businesspeople wandered by, protesters young and old aired their disgust with financial institutions.

Bonus Bandits: Why Are Bank Execs Making a Killing in the Midst of Catastrophe?

Bonus Bandits: Why Are Bank Execs Making a Killing in the Midst of Catastrophe?

Sam Pizzigati, Too Much: A Commentary on Excess and Inequality. October 20, 2009.
Welcome to post-meltdown America. One year and counting after last fall’s high-finance collapse, average Americans are reeling and Wall Street is rejoicing.

Flush with Cash From Bank Lobbyists, Conservative Dems Are Killing the Consumer Protection We All Need

Flush with Cash From Bank Lobbyists, Conservative Dems Are Killing the Consumer Protection We All Need

Zach Carter, AlterNet. October 1, 2009.
Wall Street-influenced Democrats may not act as nutty as their GOP counterparts, but they're dealing out the same economic damage.

5 Ways the Government Used Our Money to Save Big Banks and Screw Us

5 Ways the Government Used Our Money to Save Big Banks and Screw Us

Nomi Prins, Christopher Hayes, The Nation. September 26, 2009.
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.

10 Steps to Disastrous Financial Reform We Can't Allow the Government to Take

10 Steps to Disastrous Financial Reform We Can't Allow the Government to Take

Tiffiniy Cheng, AlterNet. September 22, 2009.
We can end up fumbling at an economic recovery. It's not easy to fight for financial reform, and the banks will push for policies in their favor from every angle.

Bailouts Revisited: Who Got Rescued and Who Got Screwed?

Bailouts Revisited: Who Got Rescued and Who Got Screwed?

Marty Wolfson, Dollars and Sense. September 16, 2009.
And who was deemed too big to fail ... and why?

Don't Let Wells Fargo Be a Roadblock to Economic Recovery

Don't Let Wells Fargo Be a Roadblock to Economic Recovery

ZP Heller, Open Left AlterNet: Corporate Accountability and WorkPlace. July 14, 2009.
Why won’t Wells Fargo use its bailout billions to keep the Quad City Die Casting company afloat?

How Bad Will the Economy Get? Really, Really Bad

How Bad Will the Economy Get? Really, Really Bad

Thomas Greco, Jr., AlterNet. July 14, 2009.
Historically, every financial and economic crisis has been used to further centralize power and concentrate wealth. This one is no different.

Chamber of Commerce Launches $100 Million Campaign to Protect Wall Street's Power at Our Expense

Chamber of Commerce Launches $100 Million Campaign to Protect Wall Street's Power at Our Expense

Zach Carter, AlterNet. July 2, 2009.
The CoC is the world's most powerful lobbying machine and it's working to make sure our money gets funneled to corporate execs.

Obama's False Financial Reform Is Nothing But Smooth Talk and Some Fuzzy Plans

Obama's False Financial Reform Is Nothing But Smooth Talk and Some Fuzzy Plans

William Greider, The Nation. June 25, 2009.
Missing in the Obama plan are hard rules -- the classic quality of laws that command behavior by prescribing "thou shalt" or 'thou shalt not."

Obama's Economic Reforms Should Re-structure the System -- Not Just Reform It

Obama's Economic Reforms Should Re-structure the System -- Not Just Reform It

Danny Schechter, AlterNet. June 22, 2009.
We're dealing with a political elite that is more Clintonesque than Rooseveltesque. Will meaningful change be possible?

Are Small Banks America's Next Cash Crop?

Are Small Banks America's Next Cash Crop?

Zach Carter, YES! Magazine. June 11, 2009.
As Americans pick up the economy's pieces, a few bankers are re-thinking the system.

If We Don't Stop Wall Street's Colossal Theft Now, Where Will This Country Be Next Year?

If We Don't Stop Wall Street's Colossal Theft Now, Where Will This Country Be Next Year?

Tiffiniy Cheng, AlterNet. June 5, 2009.
Come attend events across the country next week to learn more about how we can stop Wall Street before it bankrupts all of us.

Wall Street, DC, and the New (Dangerous) Financial Euphoria

Wall Street, DC, and the New (Dangerous) Financial Euphoria

Arianna Huffington, Huffington Post AlterNet: Corporate Accountability and WorkPlace. May 12, 2009.
Wall Street and political insiders are ready to break out the champagne. Forgive me if I keep the bubbly on the shelf.

The Bank 'Stress Tests' Were Neither Stressful Nor Tests

The Bank 'Stress Tests' Were Neither Stressful Nor Tests

David Sirota, Open Left AlterNet: Corporate Accountability and WorkPlace. May 12, 2009.
What's amazing is that the media and the administration even called these "stress tests" tests at all.

Why Obama Is Low-Balling the Banking Crisis

Why Obama Is Low-Balling the Banking Crisis

Robert Kuttner, Huffington Post. May 11, 2009.
It's been suggested that Obama is focusing on Republican self-destruction and that he'll get around to reforming Wall Street next year.

Banks Successfully Lobbied Fed to Make 'Stress Tests' Less Stressful

Banks Successfully Lobbied Fed to Make 'Stress Tests' Less Stressful

Faiz Shakir, Think Progress AlterNet: Corporate Accountability and WorkPlace. May 9, 2009.
"The Fed used a different measurement of bank-capital levels than analysts and investors had been expecting ... "

Aussie Bankster Gives Back 99% of His Pay ... Why Don't Wall Streeters Do Likewise?

Aussie Bankster Gives Back 99% of His Pay ... Why Don't Wall Streeters Do Likewise?

Alison Jobling, AlterNet AlterNet: PEEK. May 5, 2009.
Now all we need is for the rest of the greedy CEO pigs guzzling at the public trough to see the light and do the same.

Banks: Are They Struggling or Scamming Us?

Banks: Are They Struggling or Scamming Us?

Nicholas von Hoffman, The Nation. April 28, 2009.
After all the help that's been given to them, financial institutions are still not doing much with the money.

TARP Watchdog Elizabeth Warren Explains Treasury's Strategy, and Why It May Not Be Enough

TARP Watchdog Elizabeth Warren Explains Treasury's Strategy, and Why It May Not Be Enough

Isaac Fitzgerald, AlterNet AlterNet: Video. April 24, 2009.
Warrens work is very important, she is doing us all a great service and should be listened to.

How Is He Doing? Obama's First 100 Days and His Next 900

How Is He Doing? Obama's First 100 Days and His Next 900

Katrina vanden Heuvel, The Nation. April 23, 2009.
As we mark the first 100 days of his presidency, it is staggering to consider the enormous challenges President Obama inherited from his predecessor.

Goldman Sachs Shook Tens of Billions Out of Tax-Payers -- Now They're Whining All the Way to the Bank

Goldman Sachs Shook Tens of Billions Out of Tax-Payers -- Now They're Whining All the Way to the Bank

Dean Baker, AlterNet. April 21, 2009.
The Wall Street crew relied on its political power to ensure that the rules remained rigged, even though their crooked deck wrecked the economy.

Geithner and Summers Want More Debt Bubbles: The Result Could Be Catastrophic

Geithner and Summers Want More Debt Bubbles: The Result Could Be Catastrophic

Thom Hartmann, Smirking Chimp. April 16, 2009.
The Geithner/Summers plan seems to hinge on reinflating the debt bubble. The outcome will be inflation, a more serious crash, or both.