THE REAL NEWS AXT: “This is just the first step at looking at this industry. We have been actively organizing in car washes and supermarkets and in fast food restaurants, but we’ve just turned our attention to the banking industry to see what was going on with workers there and were shocked to discover that […]
Tag Archives | banks
THE REAL NEWS BLACK: “The United States government, now with the endorsement of the Justice Department, has said that after investigation it found that essentially every large bank involved in the secondary market sales to Fannie and Freddie committed fraud [...] and intentional crime. [...] There were three of these epidemics of mortgage fraud that […]
THE REAL NEWS Even though many on Wall St. understand need for regulation, most want a free-for-all and damn the consequences.
OCCUPIED TUCSON CITIZEN Despite the heat of late July afternoons, demonstrators from Occupy Tucson have been targetting Chase Bank in curbside rush-hour protests that remind hundreds of motorists about Chase’s continued risky financial activities. On July 18, protesters stood outside the Chase Bank at Congress and Stone, and a July 25 protest targeted the Chase […]
THE REAL NEWS To reduce poverty, Africa needs to demand financial transparency as big banks collude with local corruption.
OCCUPIED TUCSON CITIZEN? I’m in Alaska, amid moose and bear, trying to steal some time away from the absurdities of American politics and economics. But even at this remote distance I caught wind of Sanford Weill’s proposal on CNBC that big banks be broken up in order to shield taxpayers from the consequences of their […]
OCCUPIED TUCSON CITIZEN The LIBOR manipulation story has exploded into a major scandal overseas. The CEO of Barclays, Bob Diamond, has resigned in disgrace; his was the first of what will undoubtedly be many major banks to walk the regulatory plank for fixing the interbank exchange rate. The Labor party is demanding a sweeping criminal […]