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Category Archives: Wall Street
Senator Bernie Sanders to Announce Presidential Run This Week
By Elaine Magliaro Vermont Public Radio (VPR) reported on Tuesday that it had learned from several sources that Senator Bernie Sanders (I-VT), 73, is planning to announce his candidacy for the Democratic presidential nomination on Thursday. VPR said that “Sanders will release a … Continue reading
Ben Bernanke and the Revolving Door That Leads to Wall Street
By Elaine Magliaro Surprise! Surprise! Ben Bernanke, the former Chairman of the Federal Reserve, is going to “head down a well-beaten path” that many former federal government workers have headed down before him. As Kristin Cwalinski put it, Bernanke will … Continue reading
Posted in Government, Investing, United States, Wall Street
Tagged Ben Bernanke, Citadel Hedge Fund, Federal Reserve, Hedge Funds, Revolving Door
2 Comments
The United States Is Not a Democracy: Michael Gould-Wartofsky on How the 1% Has Rigged the Game
By Elaine Magliaro Michael Gould-Wartofsky is the author of the book THE OCCUPIERS: The Making of the 99 Percent Movement, which was recently released by Oxford Press. Gould-Wartofsky is a PhD candidate in Sociology at New York University, holds a BA in Government from … Continue reading
Posted in Campaign Finance, Conservatives, Countries, Democracy, Economic Policy, Economics, Government, Justice, Labor Movement, Liberals, Libertarians, Media, Neoconservatives, Neoliberals, Oligarchy, Politics, Propaganda, Ronald Reagan, Society, States, Tea Party, Wall Street
Tagged 1%, Citizens United, Income Inequality, The Rich
14 Comments
Stateside New Jersey: The State Paid Fees to Mary Pat Christie’s Firm After State Investment Was Terminated
By Elaine Magliaro During the time that Chris Christie has spent serving as governor of New Jersey, the state “has funneled hundreds of millions of dollars to Wall Street firms as management fees on the state’s pension funds.” Although just a few hundred thousand … Continue reading
UPDATE—In the Case of Carmen Segarra and the Secret NY Fed Recordings: A Senate Hearing Is Set to Explore the Case of the Fired Bank Examiner and Investigate Whether Regulators May Be “Too Cozy Toward the Industry They Are Meant to Police”
By Elaine Magliaro I have already written two posts about Carmen Segarra (The Case of the Secret Recordings: A Tale about Bank Examiner Carmen Segarra, the New York Fed, and Goldman Sachs and My Second Post about Former Bank Examiner Carmen … Continue reading
Posted in Financial, Government, United States, Wall Street
Tagged Carmen Segarra, Goldman Sachs, NY Fed, Sen. Sherrod Brown, Sen. Tim Johnson
19 Comments
My Second Post about Former Bank Examiner Carmen Segarra Who Was Fired by the New York Fed for Doing Her Job
By Elaine Magliaro On October fifth, I published a post titled The Case of the Secret Recordings: A Tale about Bank Examiner Carmen Segarra, the New York Fed, and Goldman Sachs. Segarra is a former bank examiner who once worked for … Continue reading
Posted in Corruption, Courts, Crime, Financial, Government, United States, Wall Street
Tagged Bank Examiners, Banksters, Big Banks, Carmen Segarra, Goldman Sachs, New York Fed
5 Comments
Former New York Times Columnist Bob Herbert on How Millionaire and Billionaire School Reformers Are Ruining Public Education in the United States
By Elaine Magliaro Last week, I wrote a post about Bob Herbert and his new book titled Losing Our Way: An Intimate Portrait of a Troubled America. Herbert, who was a columnist for the New York Times for eighteen years, … Continue reading
Posted in Education, United States, Wall Street
Tagged Bill Gates, Charter Schools, Education Reform, Hedge Fund Managers, Public Schools, School Reform
18 Comments
The Case of the Secret Recordings: A Tale about Bank Examiner Carmen Segarra, the New York Fed, and Goldman Sachs
By Elaine Magliaro Last week, I read ProPublica’s story about Carmen Segarra, a bank examiner and whistle-blower who made secret recordings while she was working at the New York FED. Segarra had been hired by the FED in late 2011 … Continue reading
Posted in Financial, Investing, Stock Market, United States, Wall Street
Tagged Bank Examiners, Carmen Segarra, Goldman Sachs, New York Fed, Too Big To Fail
18 Comments
Senator Bernie Sanders on Meet the Press (VIDEO)
Submitted by Elaine Magliaro Senator Bernie Sanders, an Independent from the state of Vermont, appeared on Meet the Press earlier today. Excerpt from Todd’s interview with Sanders: Sanders: “The truth is, there is profound anger at both political parties…The question … Continue reading
Posted in Campaign Finance, Democracy, Government, Oligarchy, Politics, United States, Wall Street
Tagged Citizens United, Senator Bernie Sanders
35 Comments
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