A watchdog group has found that the U.S. Treasury Department allowed big raises for executives at three firms being bailed out during the financial crisis.
Well, you've watched Frontline's investigative report "The Untouchables," here or at PBS's website, or on your local PBS station. The report cast a sharp glare on the lack of even a single arrest or prosecution of any senior Wall Street
The banking giant HSBC has escaped indictment for laundering billions of dollars for Mexican drug cartels and groups linked to al-Qaeda. Despite evidence of wrongdoing, the U.S. Department of Justice has allowed the bank to avoid prosecution and pay a $1.9 billion fine. No top HSBC officials will face charges, either.
Twinkies may yet have an infinite shelf life. Hostess Brands Inc. and one of its largest unions have agreed to go into mediation, so the company will stay in business for the time being.
Aerial footage from May of 2010 by John Wathen shows the extent of the devastation created by the BP oil spill. H/T Treehugger. The Department of Justice presented examples of “gross negligence and willful misconduct” on the
As JPMorgan announced a $2 billion trading loss, members of Congress called for federal regulators to scrutinize and tighten banking rules and trades. New rules are being drafted as part of the Dodd-Frank bill that prevent federal banks from
ACCE, Occupy Bernal and Occupy SF took a bus tour of the homes of two executives of Wells Fargo Bank.
New York City's Mayor Michael Bloomberg has come to the defense of publicly shamed Goldman Sachs, and calls the attention given to the scathing resignation letter in the New York Times by a Goldman executive "ridiculous."
As we gather together in solidarity to express a feeling of mass injustice, we must not lose sight of what brought us together. We write so that all people who feel wronged by the corporate forces of the world can know that we are your allies. As one people, united, we acknowledge the reality: that the future of the human race requires the cooperation of its members; that our system must protect our rights, and upon corruption of that system, it is up to the individuals to protect their own rights, and those of their neighbors; that a democratic government derives its just power from the people, but corporations do not seek consent to extract wealth from the people and the Earth; and that no true democracy is attainable when the process is determined by economic power.
I already posted some of Mitt Romney's interview with Charlie Rose from this Monday night on PBS. Think Progress posted this portion where it looks like Romney is determined to help the Democrats with having an easy time making some negative