Leo Hindery, Jr. is chair of the US Economy/Smart Globalization Initiative at the New America Foundation. He is the former chief executive of AT&T Broadband and other major media and telecom companies, and published this editorial on CNN Opinion. New York (CNN) — What if, at once, we could create millions of new jobs, greatly
Americans for Financial Reform, CMOC and other groups will send the following letter to Senator Harkin and Representative DeFazio. If you represent an organization, click here to join us and sign the letter. ————— Dear Senator Harkin and Representative DeFazio: We, the undersigned organizations, are writing in support of your bills, “The Wall Street Fair
In an editorial titled “Opposite of Bold,” the New York Times endorsed the Obama Administration’s proposal to levy a Financial Transaction Tax on banks: Mr. Obama also must … embrace ways to pay for initiatives, such as redeploying money from the bank bailout or endorsing a financial-transactions tax on Wall Street. The danger is that
The New York Times points out the discrepancy between what banks pay in salary vs. what they produce for their shareholders in this article. Here are excerpts (emphasis ours): Finding the winners on Wall Street is usually as simple as looking at pay. Rarely are bankers who lose money paid as generously as those who
Visit the Sojourners website to download the first chapter of Reverend Wallis’s new book, “Rediscovering Values: On Wall Street, Main Street, and Your Street.” Watch him on the Daily Show below: The Daily Show With Jon Stewart Mon – Thurs 11p / 10c Jim Wallis www.thedailyshow.com Daily Show Full Episodes Political Humor Health Care Crisis
Wall Street has quickly rediscovered the virtues of mammoth paychecks. Why hasn’t there been more financial reform? By ALAN S. BLINDER I hear Gordon Gekko is making a comeback. So is greed. They say markets are alternately ruled by greed and fear. Well, our panic-stricken financial markets have been ruled by fear for so long