banks

Will Public Banking Free LA From Wall Street?

Will Public Banking Free LA From Wall Street?

November 2, 2018

In a special report, Mike Prysner speaks to organizers and experts calling for Los Angeles residents to vote ‘yes’ on ballot measure B, which would establish a public bank that could set nationwide precedent for municipalities to divest from Wall Street

Bitcoin in danger of falling below critical $6,000 level on worries over exchanges

June 23, 2018

By Aaron Hankin / Marketwatch. Cryptocurrencies have lost $350 billion in value year-to-date. Bitcoin and major digital currencies were in free fall Friday with most coins shedding as much as 10%, wiping billions off the market cap of cryptocurrencies. Bitcoin, the worlds biggest digital currency, is trading back at multimonth lows as ongoing exchange flaws…

Omar Shakir on Israel-Palestine

June 10, 2018
TRNN speaks with Omar Shakir, the director of HRW in Israel-Palestine about his deportation order
Congress Passes 'Bank Lobbyists Bill' - An Unnecessary Giveaway to Banks

Congress Passes ‘Bank Lobbyists Bill’ – An Unnecessary Giveaway to Banks

May 23, 2018

The bill, which now heads to Trump for his signature, rolls back major provisions of the Dodd-Frank financial regulations of 2010, allowing banks to engage in riskier investment strategies and to hide discriminatory practices, says CEPR’s Dean Baker

Wall Street Bankers’ Executive Bonuses Highlight Worsening Inequality

April 3, 2018

Banks are collecting money from every corner of this economy, becoming “the special winner in the capitalist game of our time,” says economist Richard D. Wolff. The bonuses “strike another blow for that growing inequality between the rich and everybody else in the United States”

Public or Private Ownership of Banks: Which is More Efficient?

January 16, 2018

Devika Dutt of PERI explains the gap between common economic thinking, which favors private ownership of banks, and the data

Trump’s CFPB Pick Will Likely Spell Bad News for Consumers

November 17, 2017

The good news is that President Trump has been slow to nominate heads for regulatory agencies, says white-collar criminologist Bill Black. The bad news is that Trump will pick someone eventually to replace Richard Cordray

Economy

September 8, 2017
The hacking of consumer credit reporting giant Equifax, and the company’s ‘cynical’ handling of it, is a far-reaching disaster that borders on criminal, says financial regulation expert Bill Black

Latin America

August 31, 2017
U.S. banks say the 2001 Patriot Act prevents them from doing business with banks in Uruguay that provide services for newly legalized pot sales. The politics in all of it is ‘rank hypocrisy,’ says economist Bill Black

UK Banks Profit from Israeli Crimes against Palestinians

July 23, 2017

A new report from War on Want reveals that some of the UK’s top banks and financial institutions are investing in companies known to supply Israel with weapons and technology used in the oppression of Palestinians