Tag Archives: banks

Sherrod Brown: Blowing the whistle on private tyrants

Ohio Senator Sherrod Brown (D) is up for re-election, and the campaign against him is big. But the campaign is not comprised of private American citizens; it is comprised of Wall Street banks, major insurance companies, and drug manufacturers. These … Continue reading

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Jamie Dimon’s Hearing: Going Through the Motions

Jamie Dimon, CEO of J.P. Morgan Chase, had his Senate hearing on Wednesday regarding his bank’s $2 billion in trading losses (which were funded with Federal money). Matt Taibbi of Rolling Stone offered a play-by-play of the hearing with his … Continue reading

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Bankers or Robbers?

According to the Washington Post, JPMorgan Chase has agreed to pay $153.6 million in civil damages over “misleading investors” with regard to mortgage securities. This comes after Goldman Sachs was fined $550 million by the Securities Exchange Commission almost a … Continue reading

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