big banks

U.S. Supreme Court Preserves Power of Finance Over Argentina

June 16, 2014

Bill Black reports on the significance of the refusal of the U.S. Supreme Court to hear cases involving Argentinian debt obligations to international creditors

Saving American Cities

May 22, 2014

Robert Pollin: If the Fed was serious about strengthening the basic economy, it would bail out American cities

Too-Big-To-Fail Advantage Remains Intact For Big Banks

March 26, 2014

PERI Economist Gerald Epstein says U.S. banks won’t be able to endure another shock to the global economy, and expect to be bailed out when the next crisis hits

Tapering of Quantitative Easing Is Throwing Emerging Markets into Chaos – And Big Banks Are Getting Richer

February 4, 2014

Despite no real economic recovery, the Fed is winding down quantitative easing, throwing developing countries’ economies into chaos

Caught On Tape: Irish Bankers Laugh About Never Repaying Bailout

July 3, 2013

Bill Black: Tapes reveal Anglo Irish Bank executives laughed as they manipulated Irish Government into 16 billion dollar bailout the knew they would never repay

Former Top Regulators Tell Congress to Rein in Big Banks

June 27, 2013

Three former financial regulators testify to the House Financial Services Committee in support of reinstating Glass-Steagall legislation and addressing Too Big to Fail Banks.

$6 Billion Money Laundering On-line Business Operated with Impunity

May 29, 2013

Bill Black: Operation involving drug money carried on for almost a decade before being charged; much bigger crimes on Wall St. go unpunished

JP Morgan/Chase Shareholders Meeting to Vote on Demoting Chairman Jamie Dimon

May 20, 2013

Jennifer Taub: Fight over resolution making CEO Dimon give up board chairman’s job shows what an oxymoron “shareholder democracy” is; concentration of power is extreme in the worlds biggest bank

Banks Win Big as Regulators Refuse to Rein in $700 Trillion Derivatives Market

May 17, 2013

Bill Black: Weakness of financial regulators shows you can not “tame the scorpion”

CFTC Commissioner: "A Hair Trigger Away from Economic Calamity"

August 19, 2011
Bart Chilton Pt4: I get around 100 visits from finance reps for every one from community advocates

Court strikes down CFTC regulation to limit extensive speculation

August 19, 2011
Bart Chilton Pt4: I get around 100 visits from finance reps for every one from community advocates