Truthdig: Drilling Beneath the Headlines

June 28, 2017 Disclaimer: Please read.
x

Statements and opinions expressed in articles are those of the authors, not Truthdig. Truthdig takes no responsibility for such statements or opinions.

What’s Next for the Bill Cosby Sex-Assault Case?
Truthdig Bazaar
The Will to Resist

The Will to Resist

Dahr Jamail (Author), Chris Hedges (Foreword)
$14.06

more items

Tag: Wall Street

Dear President Trump: Breaking Up (Banks) Isn’t Hard to Do


A growing bipartisan alliance wants to restore Glass-Steagall legislation, which ensured that investment banks and commercial banks couldn’t cohabit. But what will the president do?

Posted on Jun 10, 2017 READ MORE
Square, Category Page

With All Eyes on Comey, GOP Gets Set to Vote on Wall Street Legislation


The CHOICE Act is little more than a paean to American financial institutions and would gut consumer protections, critics argue.

Posted on Jun 8, 2017 READ MORE

A Federal Regulator Probes Wells Fargo’s Mortgage Practices


The Consumer Financial Protection Bureau is following up on reports that the scandal-ridden bank improperly charged customers from Los Angeles to Oregon.

Posted on Jun 6, 2017 READ MORE

Trump Picks Ex-Banker to Regulate Wall Street


Joseph Otting (at right in photo), former president and CEO of OneWest Bank, is tapped to run the Office of the Comptroller of the Currency, which oversees more than 1,000 lenders.

Posted on Jun 6, 2017 READ MORE

President Bannon









Posted on Jun 4, 2017 ENLARGE

The Death of the Republic


The despotic forces that destroyed ancient Rome and other empires are destroying us. And removing Trump would not halt the disintegration.

Posted on May 21, 2017 READ MORE

Elizabeth Warren Challenges Steven Mnuchin Over Glass-Steagall Remarks (Video)

The Massachusetts senator slammed the treasury secretary for his confusing statements during a Senate Banking Committee hearing Thursday.

Posted on May 19, 2017 WATCH & LISTEN

Oliver Stone on the History of Wall Street Corruption and the Future of American Military Power

The award-winning director speaks with Truthdig Editor in Chief Robert Scheer in Part 2 of a conversation about filmmaking, Wall Street greed, and the past and future of America’s military exploits. Transcript added.

Posted on May 12, 2017 WATCH & LISTEN

Oliver Stone on Interviewing Putin, Documenting Snowden and Making Controversial Choices

“I never did a movie because it was good for my career,” the director tells Truthdig Editor in Chief Robert Scheer in a hard-hitting conversation about filmmaking, America’s military exploits, Russia and other topics. (Transcript added.)

Posted on May 5, 2017 WATCH & LISTEN

Why Obama’s Big Cash-In Matters


Obscene payouts to any politician after he or she leaves the public sector are hypocritical and subvert what’s left of American democracy.

Posted on May 3, 2017 READ MORE

Trump Seems to Think Americans Have Forgotten What They Lost in 2008 (Video)

By Robert Reich / RobertReich.org

The president has ordered a rollback of Wall Street regulations, including the Dodd-Frank Act, passed in 2010 to prevent another too-big-to-fail banking crisis.

Posted on May 3, 2017 WATCH & LISTEN

Sen. Elizabeth Warren Says She’s ‘Troubled’ by Obama’s $400,000 Speaking Fee (Audio)

The Massachusetts Democrat told Sirius XM’s Jonathan Alter that money in politics “ultimately threatens democracy.”

Posted on Apr 28, 2017 WATCH & LISTEN

Wall Street and Corporate America Don’t Seem to Have Learned a Thing From the Past Year


With Steve Bannon on the way out, official Washington is jumping for joy that Gary Cohn (pictured)—former president of Goldman Sachs—seems to be taking over Trump’s brain.

Posted on Apr 26, 2017 READ MORE

Wells Fargo Directors Face Wrath for Complicity in Bank Corruption


Protesters on Tuesday registered their displeasure with the megabank’s leadership at the Florida site of Wells Fargo’s annual shareholder meeting.

Posted on Apr 25, 2017 READ MORE

After 2016’s Losses, Elizabeth Warren Tells Democrats: ‘Shame On Us’


The story the Massachusetts senator tells about the election and America’s anxieties is curiously one-dimensional.

Posted on Apr 19, 2017 READ MORE

Wall Street Wrongdoing May Go Unpunished With Trump’s Pick to Lead the SEC (Video)

Jay Clayton represented big banks and corporations as a law partner at Sullivan & Cromwell. At the Securities and Exchange Commission, he will be expected to police such companies.

Posted on Apr 17, 2017 WATCH & LISTEN

Deceivers in Chief: How Donald Trump and Barack Obama Are Alike


They promised to challenge the corrupt establishment. But after being elected president, both committed political fraud.

Posted on Apr 17, 2017 READ MORE

What a State-Owned Bank Could Do for New Jersey


Like most states, New Jersey suffers from serious budget problems, limiting its ability to make needed improvements. A public bank could change this.

Posted on Apr 13, 2017 READ MORE

Wells Fargo









Posted on Apr 11, 2017 ENLARGE

Bannon, Kushner and Trump’s Upside-Down Philosophy


We’re likely to be left with the worst of both worlds: Stephen Bannon’s brand of anti-establishment populism alongside Jared Kushner’s oligarchical Republicanism.

Posted on Apr 8, 2017 READ MORE

A Last Chance for Resistance


Unless we act now, Americans will remember 2017 as the year their naive belief in the recovery of democracy died under the heel of despotism.

Posted on Mar 19, 2017 READ MORE

When It Comes to Prosecuting Wall Street, Preet Bharara Is No Hero


The U.S. attorney fired by President Trump has been acclaimed for tackling corruption. But his treatment of figures involved in the Great Recession was far less confrontational.

Posted on Mar 13, 2017 READ MORE

The Return of American Race Laws


The campaign to deport millions is a first step toward the clash of civilizations that the white supremacists in the White House believe is inevitable at home and abroad.

Posted on Feb 26, 2017 READ MORE

Republicans Launch Bicameral Salvos Against Wall Street Watchdog


Legislation introduced by Sen. Ted Cruz and Rep. John Ratcliffe would kill the Consumer Financial Protection Bureau.

Posted on Feb 15, 2017 READ MORE

‘Spectacular Betrayal’ as Trump Rolls Back Wall Street Regulations


The president is set to scale back the 2010 Dodd-Frank financial-overhaul law and roll back an Obama-era financial regulation.

Posted on Feb 3, 2017 READ MORE

Trump’s Treasury Pick Excelled at Kicking Elderly People Out of Their Homes


When Steven Mnuchin ran OneWest, the bank aggressively and, in some cases, wrongly foreclosed on elderly homeowners with reverse mortgages. The bank had a disproportionate share of such foreclosures.

Posted on Jan 17, 2017 READ MORE

Bernie Sanders Gives Leadership Tips to Democrats Facing the Trump Era


On some matters, such as Donald Trump’s future Supreme Court choices, the Vermont senator is less combative than some of his colleagues. On other issues, he digs in his heels.

Posted on Jan 10, 2017 READ MORE

Is the Rise of Donald Trump Obama’s Legacy? (Video)

Paul Jay of The Real News asks Truthdig contributor Paul Street if President Obama is a true progressive and whether his policies “helped set the table for the emergence of a Trump.”

Posted on Jan 10, 2017 WATCH & LISTEN

No Conflict Here: 150 Wall Street Firms Own Over $1.5 Billion of Donald Trump’s Debt


An analysis published in The Wall Street Journal revealed the scope of Trump’s web of debt and the financial institutions “in a potentially powerful position over the incoming president.”

Posted on Jan 5, 2017 READ MORE

For Head of SEC, Trump Taps Another Fox to Guard Wall Street Henhouse


A progressive leader decried Jay Clayton’s nomination as “yet another example of Trump betraying his own voters by turning over our economy to giant corporations and Wall Street.”

Posted on Jan 4, 2017 READ MORE

Investors Wave Goodbye to Palm Oil Dollars


A major U.S. financial firm has begun to divest from plantations that produce an oil widely used in processed foods—and it hopes others will follow.

Posted on Jan 4, 2017 READ MORE

Barack Obama’s Neoliberal Legacy: Rightward Drift and Donald Trump


The Wall Street takeover of Washington, D.C., and the related imperial agenda of the “Pentagon System” were advanced more effectively by the nation’s first black president than they could have been by white Republicans such as John McCain or Mitt Romney.

Posted on Jan 3, 2017 READ MORE

Defying Donald Trump’s Kleptocracy


The president-elect represents the late stage of capitalism, when corporations, no longer able to generate profits at former levels, pillage the government and society for profit. However, he will be vulnerable to impeachment if we take to the streets.

Posted on Jan 1, 2017 READ MORE

What We Expect to See in 2017


2016 is history. As we turn the page on this strange and difficult year, Truthdig editors and writers look ahead to what the new year might bring.

Posted on Dec 31, 2016 READ MORE

Billionaire Carl Icahn Will Lead Trump’s ‘Deregulatory Charge,’ Consumer Advocate Says


Robert Weissman, president of the group Public Citizen, declares that Icahn “epitomizes predatory corporate capitalism.”

Posted on Dec 22, 2016 READ MORE

Blaming Russia Is Irresistible to the Democrats


The “Putin did it” narrative is not about keeping Donald Trump out of office (an impossibility). It’s about shaping the political and policy environment in coming months and years.

Posted on Dec 22, 2016 READ MORE

Donald Trump’s ‘Half-Blind’ Trust Scheme Is Called Absurd


The president-elect’s creative solutions for staying in the financial loop while seeming to keep his distance once again are drawing fire from his critics.

Posted on Dec 21, 2016 READ MORE

Trump Is Taking On Wall Street—Literally


The next administration will have plenty of billionaires and no working-class populists.

Posted on Dec 18, 2016 READ MORE

How the Twinkie Provides a Blueprint for Amassing Wealth


Highlighting a deal involving Hostess, the company known for its sweet baked treats, an investigation by The New York Times shows how private-equity executives expanded their fortunes.

Posted on Dec 10, 2016 READ MORE

Donald Trump Continues the Manipulation of Populism by ‘Swamping Up’ His Path to Power


Beneath populist pretense and slander, the coming Trump presidency is shaping up as a great monument to the nation’s unelected dictatorship of money. The only real mystery is how far it will deliver on its reactionary promises.

Posted on Dec 8, 2016 READ MORE

How to Swamp Washington and Double-Cross Your Supporters


It’s been a month since the election, and here’s what’s clear: Crony capitalism, the kind that festers and grows when offered public support in its search for private profits, is the order of the day among Donald Trump’s Cabinet picks.

Posted on Dec 8, 2016 READ MORE

Surprise: Trump’s Adviser on Wall Street Regulations Is a Longtime Swamp Dweller


Trump’s transition adviser for financial regulations works for a firm that is emblematic of Washington’s revolving door.

Posted on Dec 5, 2016 READ MORE

The Mafia State


The greed of the 1 percent and their dismantling of good governance have given rise to a criminal economy and criminal state embodied in the presidency of Donald J. Trump.

Posted on Dec 4, 2016 READ MORE

Trump Pick for Treasury Chief Is the ‘Ultimate Wall Street and Government Insider,’ Says GOP Lawyer

Steven Mnuchin got rich with taxpayer money in a legal but “distasteful” corporate welfare scheme in which he used dubious mortgages to foreclose on tens of thousands of families through a failed bank he bought cheap in the 2008 Wall Street crash, says California lawyer Saied Kashani.

Posted on Dec 1, 2016 WATCH & LISTEN

Waiting for the Barbarians


The collapse of our democratic institutions, the pillaging of the economy by the elites and the surrender of our most basic constitutional rights will be enshrined permanently into law by a crisis.

Posted on Nov 27, 2016 READ MORE

Truthdigger of the Week: Sen. Al Franken, Vocal Supporter of the #NoDAPL Demonstrations


The Minnesota Democrat penned a letter to the Department of Justice on Monday, urging it to protect the First Amendment rights of the “water protectors” facing off against law enforcement in North Dakota.

Posted on Nov 26, 2016 READ MORE

Deconstructing Thanksgiving at Standing Rock


The indigenous tribes gathered in North Dakota are showing us a path for the future based on respect, nonviolence, humility and love that should inspire us for the difficult times ahead.

Posted on Nov 23, 2016 READ MORE

Donald Trump Assembling Team of ‘Swamp Creatures,’ Says Democratic Lawmaker Keith Ellison


The progressive congressman said it’s clear the president-elect is “not doing what he’s said he’s gonna do for average working Americans.”

Posted on Nov 20, 2016 READ MORE

None of Them Has Ever Been My President


If the black movement was afraid of the likes of Donald Trump, it never would have gone up against the militarized police that occupy black communities. You can’t scare people with a specter if they’ve already fought the real thing.

Posted on Nov 18, 2016 READ MORE

Throw Wall Street Out of the Democratic Party


The results of the 2016 election show that mobilizing identity politics behind a bankster program will no longer work. To save their party, Democrats must get the Clintons and their backers, such as former Treasury secretary Robert Rubin (pictured), to leave.

Posted on Nov 16, 2016 READ MORE

View older articles:  1 2 3 >  Last »

View the most popular tags overall?

View all tags?

Right Top, Site wide - Care2
Right Skyscraper, Site Wide
Right Internal Skyscraper, Site wide