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Financial Meltdown Topics

Democracy Now! stories, posts and pages that relate to Financial Meltdown

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  • 2014-1107_seg2-fleischmann-6
    A year ago this month the U.S. Department of Justice announced that the banking giant JPMorgan Chase would avoid criminal charges by agreeing to pay $13 billion to settle claims that it had routinely overstated the quality of mortgages it was selling to investors. But how did the bank avoid prosecution for committing fraud that helped cause the 2008 financial crisis? Today we speak to JPMorgan Chase whistleblower Alayne Fleischmann in her...
    November 07, 2014 | Story
  • Ericholderresigns
    Attorney General Eric Holder announced his plan to resign Thursday after nearly six years as head of the Justice Department. He will remain in office until a successor is nominated and confirmed. Assessments of Holder’s legacy as attorney general have been mixed. The NAACP Legal Defense Fund hailed Holder as one of the finest attorneys general in the nation’s history in part for his role in transforming the Civil Rights Division of...
    September 26, 2014 | Story
  • 978-0-8129-9342-4
    Read part of "The Divide: American Injustice in the Age of the Wealth Gap," by Matt Taibbi, who joined us to examine one of the "greatest challenges we face in contemporary American life: surviving a system that devours the lives of the poor, turns a blind eye to the destructive crimes of the wealthy, and implicates us all."
    April 14, 2014 | Web Exclusive
  • Allpresidentsbankerscover
    Read an excerpt of "All the Presidents’ Bankers: The Hidden Alliances that Drive American Power," by reporter, Nomi Prins, who joined us Tuesday to discuss the hundred-year interdependence between the White House and Wall Street.
    April 07, 2014 | Web Exclusive
  • Wallstreet
    With U.S. inequality at its highest point since 1928 and Wall Street bonuses hitting pre-2008 levels, we look at the 100-year history of secret collusion between Washington and the financial industry. In her new book, "All the Presidents’ Bankers: The Hidden Alliances that Drive American Power," financial journalist Nomi Prins explores how a small number of bankers have played critical roles in shaping a century’s worth...
    April 08, 2014 | Story
  • Costa-gavras5
    Costa-Gavras joins us for the hour to discuss a nearly 50-year career that has earned him the reputation as one of the world’s greatest living political filmmakers. Born in Greece in 1933, the 80-year-old has won two Academy Awards for his films "Z" and "Missing." Other acclaimed films include "State of Siege," "Amen.," "Music Box," "The Confession," "Hanna K." and...
    October 09, 2013 | Story
  • Taibbi2
    In his latest article for Rolling Stone, Matt Taibbi reports that Wall Street firms are now making millions in profits off of public pension funds nationwide. "Essentially it is a wealth transfer from teachers, cops and firemen to billionaire hedge funders," Taibbi says. "Pension funds are one of the last great, unguarded piles of money in this country, and there are going to be all sort of operators that are trying to get their...
    September 26, 2013 | Story
  • Monday, January 21, 2013 8:00am–1:00pm ET

    Tune in to Democracy Now! for our special 5-hour live broadcast of the presidential inauguration from 8am to 1pm EST on Monday, January 21. Democracy Now! will be on location in Washington, D.C., to take a look back at President Obama’s first term in office, analyze prospects for the next four years, and provide live coverage of the inauguration proceedings.

    During the program, Democracy Now!...

    January 21, 2013 | Special Broadcast
  • Thumbjacklew
    Former bank regulator William Black and Rolling Stone’s Matt Taibbi join us to dissect the career of Jack Lew, President Obama’s pick to replace Treasury Secretary Timothy Geither. Currently Obama’s chief of staff, Lew was an executive at Citigroup from 2006 to 2008 at the time of the financial crisis. He backed financial deregulation efforts while he headed the Office of Management and Budget under President Bill Clinton....
    January 11, 2013 | Story
  • Thumbtaibbi
    Four years after the massive bailout that rescued Wall Street, we look at the state of the financial sector with Rolling Stone’s Matt Taibbi and former financial regulator William Black. In a new article for Rolling Stone, Taibbi argues the government did not just bail out Wall Street, but also lied on the financial sector’s behalf, calling unhealthy banks healthy and helping banks cover up how much aid they were getting. The...
    January 11, 2013 | Story