Dear Democracy Now! Visitor: We are an independent, ad-free daily news program that serves millions of viewers and listeners each month. Our show is special because we make it our priority to go where the silence is. We put a spotlight on corporate and government abuses of power and lift up the stories of ordinary people working to make change in extraordinary times. We do all of this with just a fraction of the budget and staff of a commercial news show. We do it without ads, corporate sponsorship or government funding. How is this possible? Only with your support. Today a generous funder will match your donation 2 to 1. That means when you give $15 today, your donation will be worth $45. So, if you've been waiting to make your contribution to Democracy Now!, today is your day. It takes just a couple of minutes to help make sure Democracy Now! is there for you and everybody else.

Your Donation: $

Financial Meltdown Topics

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

Newest First | Oldest First
  • 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
  • Hsbc-1
    The banking giant HSBC has escaped indictment for laundering billions of dollars for Mexican drug cartels and groups linked to al-Qaeda. Despite evidence of wrongdoing, the U.S. Department of Justice has allowed the bank to avoid prosecution and pay a $1.9 billion fine. No top HSBC officials will face charges, either. We’re joined by Rolling Stone contributing editor Matt Taibbi, author of "Griftopia: A Story of Bankers,...
    December 13, 2012 | Story
  • Bsteele
    In part two of our interview with the investigative duo James Steele and Don Barlett, they talk about the media’s failure to hold Wall Street or politicians accountable for financial crimes and mismanagement — topics covered in their new book, "The Betrayal of the American Dream." They also discuss attacks on Social Security, and campaign finance reform. [includes rush transcript]
    August 01, 2012 | Web Exclusive
  • Barlett_steele_book
    The famed award-winning investigative reporting team of Donald Barlett and James Steele have just published a new book, "The Betrayal of the American Dream," a followup to their landmark bestseller, "America: What Went Wrong?" As Republicans and Democrats continue disputing who should bear the brunt of the tax burden, Barlett and Steele argue that America’s middle class has been decimated over the years due to...
    July 30, 2012 | Story
  • Matt_taibbi
    Rolling Stone’s Matt Taibbi joins us to discuss the pattern of systemic corruption by 16 banks accused of rigging a key global interest rate used in contracts worth trillions of dollars. The London Interbank Offered Rate, known as Libor, is the average interest rate at which banks can borrow from each other. Some analysts say it defines the cost of money. Barclays was recently fined $453 million for rigging Libor, and a number of other...
    July 19, 2012 | Story
  • Hayes
    Amidst a series of recent scandals that have rocked the global banking system, journalist Chris Hayes joins us to discuss his new book, "Twilight of the Elites: America After Meritocracy." The book examines how Wall Street and other major institutions, from Congress to the Catholic Church to Major League Baseball, have been crippled by corruption and incompetence. Hayes is host of the MSNBC weekend show, "Up with Chris...
    July 17, 2012 | Story
  • Goldman-sachs-logo
    The Oakland City Council has voted unanimously to end a contract with Goldman Sachs that locked it into a financial deal called an high interest rate swap. The city signed on with the bank in 1998 on the premise it would reduce costs of its bonds amid rising interest rates. But after the 2008 financial meltdown, the Federal Reserve cut interest rates to near zero. As a result, Goldman’s rate dropped to 0.15 percent — even as it...
    July 09, 2012 | Story