We got another one. On Monday evening, Bank of America said that it will no longer finance fossil fuel exploration in the Arctic, joining Goldman Sachs, Morgan Stanley, Chase, Wells Fargo, and [...]
Discrimination in home lending goes back to the beginning of home lending itself. During the last housing boom, when subprime mortgages were all the rage, predatory lending to minority borrowers [...]
When the Dodd Frank Act was passed in 2010, President Obama triumphantly declared, “No more bailouts!” But what the Act actually said was that the next time the banks failed, they would be [...]
It’s been over a decade since the 2008 banking meltdown, and yet many Americans are still living with the consequences of the financial crisis and the Obama administration’s decision to bailout [...]
Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus relief package – a mere 5% – has been allocated to the 50 states; and they are not allowed to [...]
Banks have earned a quick $10 billion processing US government loans to small businesses affected by the coronavirus crisis, according to a new report.
The $350 billion rescue program aims to [...]
With allegations that major banks shuffled Paycheck Protection Program applications to prioritize larger loan amounts and bigger businesses, Main Street businesses are furious. This possibility [...]
In 2008 the Federal Reserve provided more than $4 trillion to bail out the banks. Now it is providing more than $6 trillion (thus far)—and this time the banks haven’t even failed yet!
The Fed [...]
Purchase, NY - Early yesterday morning, a group of activists disrupted Morgan Stanley's annual shareholder meeting by blocking vehicle access at both entrances to their corporate campus in [...]
The monster banks get monster tax cuts … then turn around and hike interest rates for states and cities. The hikes could translate into millions of dollars of extra costs for cash-strapped [...]
By Alison Kirsch for AlterNet - At the start of next week, the United Nations Framework Convention on Climate Change, the U.N.'s negotiating body on climate change, will meet in Germany to [...]
By The Fang Collective, www.thefangcollective.org -
By The Fang Collective. Providence, RI – On Thursday morning three people with The FANG Collective blockaded the main entrance to the Citizens Bank global headquarters building in downtown [...]
By Zaid Jilani for The Intercept - A TOP AIDE calculatingly inserted a passage critical of the financial industry into one of Hillary Clinton’s many highly-paid speeches to big banks, “precisely [...]
By Kevin Zeese and Margaret Flowers, www.PopularResistance.org -
By Kevin Zeese and Margaret Flowers for Popular Resistance. The 2016 presidential election has shown how the duopoly, the two parties that represent big business interests and the wealthiest, are [...]
By Karen Pierog and Dave McKinney, www.reuters.com -
By Karen Pierog and Dave McKinney for Reuters - The Chicago City Council on Wednesday approved a one-year suspension for Wells Fargo & Co from city business because of its scandal over phony [...]
