Privatization of World Water Supply Kicks Into Gear

By: Tuesday July 29, 2014 10:00 am

How much would you pay to stay alive? As climate change makes the planet less hospitable for human life in numerous well established locations, a major push is taking place by transnational corporations to secure claims on the most valuable commodity on earth – water. While privatizing and commidifying water supplies has been a neoliberal project for some time, the stakes and opportunities for profit have risen dramatically as a changing climate shifts water resources around the world.

 

Former Enron Trader Funding PBS Series On Pensions

By: Wednesday February 12, 2014 12:55 pm

This is even worse than having PBS be yet another outlet for Neoliberal talking points. This program deceitfully presents a reactionary political agenda as fair and objective. PBS it is acting as a propaganda outlet while posing as a media group working for the public interest.

JPMorgan Pays $410 Million for Enron-Style Manipulation Of Energy Market

By: Monday August 5, 2013 8:30 am

It’s the same old song. JPMorgan Chase & Co. has been caught once again breaking the rules to snatch profits and will only have to pay a small portion of its loot to make it all go away. No criminal prosecutions and no reforms, just a speeding ticket on the bankster highway.

JP Morgan Accused of Manipulating Energy Markets, Wrist Slap Expected

By: Tuesday July 30, 2013 12:51 pm

Too Big To Fail Megabank JP Morgan Chase is back on the government’s radar. The bank has been under investigation numerous times after taking a bailout during the 2008 financial crisis – most notably for the London Whale trade – and is now under scrutiny for its trading activities in the energy market. The accusation comes ahead of a likely legal settlement between JP Morgan and the Federal Energy Regulatory Commission.

Countrywide’s CEO Angelo Mozilo Will Not Be Charged

By: Saturday February 19, 2011 11:50 am

In news that will not surprise you in the least — but will put you off your breakfast — Countrywide CEO Angelo Mozilo will not be charged.

Fake Net Neutrality: Like Letting Enron Write the Electricity Rules

By: Tuesday December 21, 2010 12:40 pm

The FCC allowing AT&T and friends to write the new rules for Internet access recalls what happened when California handed the pen to Enron and friends in writing rules for electricity markets. Deja vu all over again

The Five Stages of Grief, MOTU Edition

By: Saturday October 16, 2010 9:00 am

Watching the MOTUs as their financial services universe shakes and shudders around them reminds me of the five stages of death and dying. There’s lots of denial and anger coming out of the MOTUs, and hints of bargaining, but little sign of depression and acceptance. But it’ll come . . .

Enron, the Koch Brothers, and Grandma Millie’s Revenge

By: Saturday September 4, 2010 4:00 pm

Texas energy companies stuck it to California a decade ago, and now they’re coming back again to try to derail California’s law on greenhouse gas emissions.

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