Bank of America’s Healthier Roots

Bank of America’s Healthier Roots

The father of Bank of America wouldn’t recognize it today. The “built-to-last” institution he founded has turned into a “built-to-loot” operation obsessed with short-term gains. Amadeo P. Giannini built Bank of America into the first...
Coddling the 10 Percent

Coddling the 10 Percent

Another way that the rich are different from you and me is that their bankers serve them freshly baked chocolate-chip cookies. The über-rich, of course, are used to such coddling, but now a class of customers that bankers have dubbed the “mass affluent”...
Wall Street’s Speed Freaks

Wall Street’s Speed Freaks

The power suits making billions off the stock market are always trying to assure us that their trading serves a socially redeeming purpose. They steer money to companies and industries that make our economy more productive, they claim. In reality, the majority of...
Grassroots Victory

Grassroots Victory

A coalition of some of the world’s biggest and greediest corporations, which lobbied to shift their tax burden from themselves to America’s fast-disappearing middle class, is no more. The WIN America Campaign — led by Apple, Google, Cisco, and Pfizer —...
Shortchanging America

Shortchanging America

Verizon shareholders gathering in Huntsville, Alabama at the company’s annual meeting on May 3 will be greeted by large crowds of protesters. The nation’s second-largest telecom company became the latest target of the 99 Percent Power campaign — a national...