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...
Down and Out on Wall Street

Down and Out on Wall Street

Have you heard about the earthquake that has shaken Wall Street to its very core? Well, brace yourself, for this really is a shocker: bonus payments are down. Yes, the exorbitant bonus checks pocketed each year by the Goldman Sachers, Citigroupers, and other financial...
No Nuclear Nirvana on the Horizon

No Nuclear Nirvana on the Horizon

Is the nuclear drought over? When the Nuclear Regulatory Commission (NRC) recently approved two new nuclear reactors near Augusta, Georgia, the first such decision in 32 years, there was plenty of hoopla. It marked a “clarion call to the world,” declared...
Risky Business

Risky Business

What makes Wall Street so attractive to ambitious workers and bright minds? It’s the same thing that also makes it so reckless: big paychecks. Americans get this, which is why Congress has passed a financial reform law to begin to repair the problem. But the...