Category Archives: In the News

Washington Post: Bankers Making Turkeys out of Taxpayers

Dana Milbank of the Washington Post published this column today, pointing out how much the nation’s bankers have to be thankful for as they sit down for Thanksgiving turkeys tomorrow.  Here’s an excerpt: At this time last year, the American financial system was near collapse,

The Card Game

Have you ever waded through pages and pages of credit card contracts in an attempt to figure out what your interest rate will be? Have you overdrawn your account by a few cents, only to get slammed with a disproportionate fee? Would you be upset

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Bloomberg: Warren Winning Means No Sale If You Can’t Explain It

Bloomberg wants Americans to know that Elizabeth Warren is an everyday-woman fighting a not-so-everyday battle to empower consumers. Click here to read the full article. Nov. 19 (Bloomberg) — In Elizabeth Warren’s world, credit card contracts would be so simple a teenager could read and

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Politico: SEIU’s Stern to Lead Goldman Protest

Goldman Sachs CEO Lloyd Blankfein may have had his tongue in his cheek when he said his bankers were doing “God’s work,” but the company’s critics aren’t laughing. In fact, a couple hundred of them — led by Service Unions International Union president Andy Stern

New York Times: AIG’s Chief’s Mission is to Save Executive Pay

According to the New York Times, “Robert Benmosche, chief executive of [AIG] since August, confirmed that he was “frustrated” about how long it was taking to devise an executive compensation plan that was “fair” but did not violate the restrictions the government has placed on

NOW on PBS: Elizabeth Warren on the Economy

What exactly is going on with the economy? Stocks are up and big bonuses are back, but while they’re throwing parties on Wall Street, there’s pain on Main Street. One out of every six workers is unemployed or underemployed, according to government statistics – the