Senator Elizabeth Warren is not taking the attack on her by Third Way lying down. In an open letter to the CEOs of the Too Big To Fail Wall Street banks responsible for the financial crisis of 2008, Senator Warren asks that they disclose their connections to think tanks like Third Way. That way the public will know who is paying the bill for Third Way’s attack on Warren and those asking for economic justice.
|By: DSWright Wednesday December 4, 2013 2:05 pm|
|By: DSWright Friday November 8, 2013 9:30 am|
Is there anyone left who doesn’t think Wall Street has a culture of corruption? Even the President of the New York Federal Reserve William Dudley, a former Chief Economist at Goldman Sachs, has now critiqued Wall Street’s open contempt for the rule of law. Dudley claimed the banksters have displayed “deep-seated cultural and ethical failures.”
|By: DSWright Tuesday October 1, 2013 11:05 am|
Believe it or not an Occupy debit card might soon be hitting the marketplace. A group launched in the aftermath of the Occupy Wall Street demonstrations, the Occupy Money Cooperative, began raising money on September 17th – the two year anniversary of the launch of the protests – for a debit card described as a “low-cost, transparent, high-quality financial services to the 99 percent.” The card will be prepaid and is intended for those traditionally unable to use banks.
|By: Kevin Gosztola Tuesday September 17, 2013 12:50 pm|
Two years ago, a group of Americans in New York City sparked a movement that redefined protest and struggle. Around one hundred people took over a park near Wall Street to call attention to income inequality and economic injustice.
|By: DSWright Tuesday September 17, 2013 11:58 am|
The recovery that wasn’t and isn’t. On the day Occupy Wall Street marks its second anniversary the US Census Bureau has published its report on income, poverty and health insurance coverage in America. The results of the study provide more evidence that while the top 1% have gotten even richer, the 99% have stagnated.
|By: DSWright Wednesday September 11, 2013 1:05 pm|
The 99% do not have a seat at the economic table as Washington ignores their needs and bends over backwards to help the 1% campaign contributor class. And when you aren’t at the table you are on the menu.
|By: firedancer Thursday August 8, 2013 7:04 pm|
People in Kalamazoo, Michigan, and across the country continue to plan the second annual Occupy National Gathering. NatGat2 will be held in Kalamazoo, Michigan from August 21-25th.
|By: DSWright Friday August 2, 2013 6:40 am|
Fabrice “Fabulous Fab” Tourre was found liable by a jury of six counts of civil securities fraud. Tourre was at the center of Goldman Sachs’ trading in the mortgage backed security market in which Goldman Sachs helped sell poorly constructed frankenbonds made up of various people’s mortgages known as Collateralized Debt Obligations or CDOs to clients while simultaneously betting on those CDOs to fail.
|By: firedancer Saturday July 27, 2013 1:20 pm|
The second annual Occupy National Gathering (NatGat 2) will be held in Kalamazoo, Michigan, August 21-25th.
|By: DSWright Thursday July 11, 2013 11:10 am|
The SEC is back to its old tricks, putting aside the public interest for private concerns. The latest maneuver involves lifting the ban on allowing highly risky investment vehicles known as hedge funds to advertise publicly for the first time. Yes, even in the bubblemania of the 1990s this was not done for fear people would lose their money in the riskiest part of the Wall Street casino.