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On AlterNet: wall street

Stories, blog posts, and videos tagged as "wall street"

How Wall Street Bought Barney Frank

How Wall Street Bought Barney Frank

Kevin Connor, AlterNet. December 22, 2009.
Barney Frank takes pride in being the Left's darling, but he's almost entirely funded by Wall Street and his votes show it.

In the Shadow of Goldman Sachs, Wall Street Is Far from Recovery

In the Shadow of Goldman Sachs, Wall Street Is Far from Recovery

Denver Nicks, AlterNet. December 17, 2009.
Profits and bonuses are back on the Street, but the prosperity hasn't filtered down past the service economy.

Congress's Attempt at Financial Reform Is Very Weak Broth

Congress's Attempt at Financial Reform Is Very Weak Broth

Zach Carter, Media Consortium. December 16, 2009.
The latest efforts to reform Wall Street don't away with too-big-to-fail banks, and that's a big problem -- here's what progressives are saying about it.

Did Obama's Inner Circle (and Rep. Melissa Bean) Kill Financial Reform?

Did Obama's Inner Circle (and Rep. Melissa Bean) Kill Financial Reform?

Kevin Connor, Eyes on the Ties AlterNet: Politics. December 11, 2009.
Rep. Melissa Bean is a great friend to Wall Street. Were her efforts to kill financial reform backed by Obama's inner circle?

Billions More in Easy Money for Wall Street -- Are We Too Ignorant About Finance to Stop It?

Billions More in Easy Money for Wall Street -- Are We Too Ignorant About Finance to Stop It?

William Greider, The Nation. December 8, 2009.
A permanent security blanket for big boys of finance will further inflame public opinion. Only the public isn't likely to know.

Not One More Tax Dollar For the Banks

Not One More Tax Dollar For the Banks

Dean Baker, Comment Is Free AlterNet: Corporate Accountability and WorkPlace. November 30, 2009.
The millions of American families struggling to keep up with their bubble-era mortgages are the ones who deserve help.

Economy Is Going to Get Much Worse

Economy Is Going to Get Much Worse

Steven D., Booman Tribune AlterNet: PEEK. November 19, 2009.
The so-called recovery is mostly smoke and mirrors.

No Logo, Ten Years Later

No Logo, Ten Years Later

Naomi Klein, Huffington Post AlterNet: PEEK. November 17, 2009.
On the anniversary of the Seattle protests, anger mounts at collusion between corporations and governments. Perhaps our movement's time has come.

Real Recovery Is Easy to Spell: J-O-B-S

Real Recovery Is Easy to Spell: J-O-B-S

Jim Hightower, AlterNet. November 12, 2009.
The latest job numbers mock the smiley-faced claims of economists and polticos that the Great Recession is over.

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.

Former Wall Street Player Reveals the Inside World Behind Shady Bailouts to Bankers

Former Wall Street Player Reveals the Inside World Behind Shady Bailouts to Bankers

Joshua Holland, Nomi Prins, AlterNet. October 30, 2009.
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."

How About Some of that Painful Welfare Reform for Wall Street?

How About Some of that Painful Welfare Reform for Wall Street?

Les Leopold, AlterNet. October 22, 2009.
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.

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.

Bill Moyers: Was the Financial Bailout Just a Slick, Friendly Takeover of the Federal Government?

Bill Moyers: Was the Financial Bailout Just a Slick, Friendly Takeover of the Federal Government?

Bill Moyers, Bill Moyers Journal. October 12, 2009.
Moyers interviews Rep. Marcy Kaptur, a hero of Michael Moore's latest documentary, and former IMF head Simon Johnson on Wall Street's purchase of our democracy.

Wall Street Plans to Tap into $26 Trillion Life Insurance Market, Cashing in When People Die

Wall Street Plans to Tap into $26 Trillion Life Insurance Market, Cashing in When People Die

Jim Hightower, Hightower Lowdown. October 2, 2009.
The bankers who brought us the disaster of 2008 have created a new financial instrument called "life settlements" -- call it morbid capitalism.

Why Do We Idolize Wall Street Hustlers but Hold People Who Actually Make Things in Contempt?

Why Do We Idolize Wall Street Hustlers but Hold People Who Actually Make Things in Contempt?

Les Leopold, Huffington Post. September 30, 2009.
The manufacturing sector accounts for fewer and fewer jobs each year, so why should we give a damn about it?

Why Are We Lying to Ourselves About Our Catastrophic Economic Meltdown?

Why Are We Lying to Ourselves About Our Catastrophic Economic Meltdown?

Arun Gupta, AlterNet AlterNet: PEEK. September 29, 2009.
Sorry, it's not over yet. This downturn will be severe and long-lasting, and profoundly re-shape our lives, culture, society and the world.

Wall Street Lies Blame Victims to Avoid Responsibility for Financial Meltdown

Wall Street Lies Blame Victims to Avoid Responsibility for Financial Meltdown

Nomi Prins, Wiley Press. September 29, 2009.
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.

Senator Sanders Unfiltered: US Congress Bought & Paid For?

Senator Sanders Unfiltered: US Congress Bought & Paid For?

Sen. Bernie Sanders, September 25, 2009.
Over a year ago, we suffered the most significant financial collapse since the Great Depression, and the result of that is massive unemployment and underemployment.

Naomi Klein Interviews Michael Moore on the Perils of Capitalism

Naomi Klein Interviews Michael Moore on the Perils of Capitalism

Naomi Klein, The Nation. September 25, 2009.
Moore discusses his new documentary film, widely praised as a call for a revolt against capitalist madness.

'Centrist' Dem in the Senate Offers a Health Care Proposal George Bush Would Love

'Centrist' Dem in the Senate Offers a Health Care Proposal George Bush Would Love

Marie Cocco, Washington Post Writers Group. September 22, 2009.
The Baucus proposal includes a tax intended to dupe the public into thinking it soaks the rich. In truth, it would stick it to millions in the middle class.

It's Still a Recession, Stupid!

It's Still a Recession, Stupid!

Sen. Bernie Sanders, September 18, 2009.
Just the other day, Federal Reserve Chairman Ben Bernanke said "it is very likely that the recession has ended."

Obama Tip-Toes Around Wall Street's Looming Meltdown

Obama Tip-Toes Around Wall Street's Looming Meltdown

Nomi Prins, Mother Jones. September 16, 2009.
Obama claims that govt. funding of the banking system saved the economy, but without reform he is playing an expensive and dangerous game.

Hate Talk Radio Host Neal Boortz Compares Obama to Child Molester

Hate Talk Radio Host Neal Boortz Compares Obama to Child Molester

Zaid Jilani, Think Progress AlterNet: PEEK. September 14, 2009.
Boortz used his Twitter account this morning to compare the President's visit to Wall Street to "sending a child molester to speak to a kindergarten class."

Priceless: How the Federal Reserve Bought the Economics Profession

Priceless: How the Federal Reserve Bought the Economics Profession

Ryan Grim, Huffington Post. September 14, 2009.
The Federal Reserve so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for economists.