Tuesday, December 17, 2024

Tag: big banks

How to Punish Bank Felons

When a big Wall Street bank pleads guilty to criminal felony charges committed, there seems to be no punishment that fits the crime. When real people plead guilty to felonies they go to jail, but nobody involved in bank crimes will see a day behind bars. Fair?

If ‘Too-Big-to-Fail’’ Means Too-Big-To-Jail’ It Should Mean ‘Too-Big-to-Be’

If the government really believes that banks like JP Morgan Chase, Goldman Sachs, Morgan Stanley, Citibank and Wells Fargo are “too big to fail” because prosecuting their chief executives could lead to a new financial crisis, then those institutions are simply too big to allow to exist.

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More than 120 House Democrats urge Biden to ratify Equal Rights Amendment as deadline...

Lawmakers push President Joe Biden to finalize a constitutional ban on sex discrimination while Republicans invoke past deadlines to stall progress.

6 fracking Billionaires and climate denial groups behind Trump’s cabinet

Trump’s nominees are backed by major players in the world of climate obstruction – from Project 2025 and Koch network fixtures to oil-soaked Christian nationalists.

Trump’s Cabinet picks aren’t just unqualified and inexperienced—they’re morally bankrupt

While every president has a right to select their own Cabinet appointees, the Senate also has the Constitutional authority to decide whether each nominee is fit to serve.

Endo’s end around: How one of the nation’s largest opioid makers escaped a $7...

Endo “came with a strategy purposely intended to reduce payments to opioid victims."