Too Big to Sue

Too Big to Sue

The range of abuses and crimes committed by banks seems to grow without end. As soon as one predatory practice fades from the headlines, another appears moments later. Remember bank payday loans, a kind of short-term lending with annual interest rates of up to 365...
A New Front in the CEO Pay Wars

A New Front in the CEO Pay Wars

Have you heard about Domino’s Pizza CEO J. Patrick Doyle? He pocketed $43 million over the last three years running an operation that stiffs low-wage workers and rakes in taxpayer subsidies. That news prompted the New York Post to open its coverage with a rather...
Striking Gold for Doing Wall Street’s Bidding

Striking Gold for Doing Wall Street’s Bidding

First, Wall Street’s government bailout restored the banksters who wrecked our economy to full prosperity. Now, it’s paying off very handsomely for the bank overseers who orchestrated the bailout. For example, as chairman of the Federal Reserve for eight...
Scrimping on Women’s Pay

Scrimping on Women’s Pay

Republicans in the Senate blocked a vote on the minimum wage earlier this month — no surprise there. Senator Bob Corker of Tennessee was the only Republican who stood aside. But don’t believe the issue is dead. Democrats will make sure that raising the minimum...
Derailing the Dynasty Train

Derailing the Dynasty Train

Don’t feel bad if you were busy and missed the buzz around the new book, Capital in the Twenty-First Century. It’s not every day that a 685-page book about wealth inequality written by a French economist lands on best-seller lists next to Danielle...