Banking

By Nomi Prins | (Tomdispatch.com) | – The past, especially the political past, doesn’t just provide clues to the present. In the realm of the presidency and Wall Street, it provides an ongoing pathway for political-financial relationships and policies that remain a threat to the American economy going forward. When Hillary Clinton video-announced her bid for the […]

Banking

‘Too Big to Exist’: Sanders Introduces Bill to Break Up Big Banks

contributors

by Nadia Prupis, staff writer | (Commondreams.org) | – If passed, bill would give Treasury Secretary a year to break up institutions bailed out in financial crisis. Sen. Bernie Sanders, who is running for president in 2016, will introduce a bill to Congress that would break up “too big to fail” institutions. (Photo: Brookings Institution/flickr/cc) […]

Banking

Warren Buffett betting big on Wind Energy in Nebraska, & other Planet-Saving News

Juan Cole

By Juan Cole | (Informed Comment) – Wind power is on a roll in the US despite a fickle Congress and the machinations of Big Coal and Big Gas to keep all the subsidies for themselves. And one of the world’s most successful investors, Warren Buffett, has noticed. As of the end of the first […]

Banking

Putin on the Nile: an Isolated Russia Seeks friends in Egypt w/ offer of Nuclear Plant

Juan Cole

By Juan Cole | (Informed Comment) | – President Vladimir Putin of the Russian Federation paid a state visit to Cairo on Tuesday, consulting with President Abdel Fattah al-Sisi on a range of economic and foreign policy issues. The meeting was seen by many observers as underlining the desire of Egypt to become less dependent […]

Banking

Greece move left would Give Europe Chance to Rediscover Social Responsibility

contributors

By Marianna Fotaki (IPS) – The European Union should not be afraid of the leftist opposition party Syriza winning the Greek election, but see it as a chance to rediscover its founding principle – the social dimension that created it and without which it cannot survive. Greece’s entire economy accounts for three per cent of […]

Banking

If Jeb Bush Is In, Who Will Win Wall Street’s Money?

contributors

Bloomberg Business | — “Bloomberg’s Stephanie Ruhle and John Heilemann talk cash and 2016 prospects. Bloomberg Politics leads Bloomberg’s political coverage across all platforms: Web, mobile, television, digital video, radio, live events and more. “With All Due Respect” is hosted by Mark Halperin and John Heilemann airs at 5p ET/PT on Bloomberg Television and BloombergPolitics.com. […]

Bahrain

Artificial Billionaires: Regimes’ Crony Capitalism Stifling Middle East

contributors

World Bank Across the Middle East and North Africa, countries are being forced to face up to a harsh reality—that, left as they are now, their economies won’t create anything like enough jobs for the hundreds of thousands of people entering their job markets each year. Popular discontent will continue alongside widespread economic inactivity. What […]

Banking

Climate Protesters Flood Wall Street – And A Polar Bear Is Arrested

Juan Cole

AJ+ “Hundreds of people attended the #FloodWallStreet demonstration to protest the role big business plays in fueling climate change. The protest was largely peaceful, but police arrested a number of people by the end of the night, including a polar bear.” AJ+ : “Protesters Flood Wall Street – And A Polar Bear Is Arrested”

Banking

Elizabeth Warren: Taking on Entrenched Wall Street Interests that have Rigged the Game (Moyers)

contributors

Bill Moyers: “The Massachusetts senator talks to Bill about taking on the entrenched political and Wall Street interests that have rigged the game against the rest of us.”