Interesting (read "sketchy" tax practices provide special protection for the Mark Zuckerberg and his social media behemoth from the IRS.
Wall Street investors look to make a killing by buying foreclosed homes and renting them. Sometimes that killing claims small children as a sacrifice.
Rolling in it...
With solid earnings of $6.5 billion in the second quarter, the Big Bank seems to be rebounding after a year of negative press related to the $6.2 billion loss by the “London Whale.”
Profitable American companies paid just 12.6 percent of their profits in federal income taxes in 2010 -- well below the 35 percent federal corporate income tax rate, according to a new study by the Government Accountability Office.
Have you heard of the Trans-Pacific Partnership? The lobbyist-penned trade deal that could give global corporations the right to sue America for getting in the way of their profits?
Why should taxpayers give Big Banks $83 billion a year?
Short sales end with the homeowner out of the home. This is the most common "penalty" on banks in the mortgage settlement.
Economist James K. Galbraith, one of the country’s leading analysts of the financial crisis, speaks on the link between the growing inequality and economic instability. Galbraith, a professor in the LBJ School of Public Affairs at the
When the greed, recklessness, and illegal behavior on Wall Street drove this country into the deepest recession since the 1930s, the largest financial institutions in the United States took every advantage of being American. They just loved their country - and the willingness of the American people to provide them with the largest bailout in world history. In 2008, Congress approved a $700 billion gift to Wall Street. Another $16 trillion in virtually zero interest loans and other financial assistance came from the Federal Reserve. America. What a great country.
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