Wall Street Topics

Democracy Now! stories, posts and pages that relate to Wall Street

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  • Eddahouse_web
    Democracy Now! co-host and New York Daily News columnist Juan Gonzalez reports on the case of Edda Lopez-Lennards, who faced the loss of her Bronx home after the bailed-out Bank of America drastically raised her monthly mortgage payments. Bank of America backed down this week after coming under heavy community protest. [includes rush transcript]
    Jun 18, 2010 | Story
  • Wall-st
    The Senate has passed a sweeping reform of financial regulation that’s been described as the biggest overhaul of financial rules since the 1930s. The 59-to-39 vote came largely on party lines. Two Democratic senators, Russ Feingold of Wisconsin and Maria Cantwell of Washington, voted against the bill, saying it does not go far enough in preventing another economic meltdown. Four Republicans also broke party ranks to support the measure....
    May 21, 2010 | Story
  • Ceo
    Thousands of people turned out for a protest on Wall Street Thursday to denounce the taxpayer-funded bailout and the role of large financial firms in the nation’s economic crisis. A coalition of union and community groups organized the march as the Senate opened debate on a measure to overhaul financial regulation. [includes rush transcript]
    Apr 30, 2010 | Story
  • Blankfein
    Executives from the bailed-out Wall Street giant Goldman Sachs faced tough questioning on Tuesday at a Senate hearing on their role in the financial crisis. Current and former Goldman officials were grilled on their aggressive marketing of mortgage investments at the same time the firm was betting the investments would fail. We play highlights and speak with investigative journalist Greg Gordon of McClatchy Newspapers and former economist at...
    Apr 28, 2010 | Story
  • Plunder
    We speak with investigative journalist, filmmaker and author Danny Schechter, "the News Dissector." His latest film features interviews with industry insiders to reveal how the financial crisis was built on a foundation of criminal activity. It’s called Plunder: The Crime of Our Time. [includes rush transcript]
    Apr 28, 2010 | Story
  • Poker
    In a new article in Rolling Stone magazine, journalist Matt Taibbi takes an in-depth look at the experience of one small Alabama town and its disastrous dealings with Wall Street. Taibbi writes, "The destruction of Jefferson County reveals the basic battle plan of these modern barbarians, the way that banks like JP Morgan and Goldman Sachs have systematically set out to pillage towns and cities from Pittsburgh to Athens." [includes...
    Apr 12, 2010 | Story
  • Wallstbull
    With the main healthcare reform bill signed into law, Democrats say congressional efforts to reform Wall Street and the nation’s financial regulatory system will soon top the Obama administration’s agenda. A measure put forward by Sen. Christopher Dodd is being described as the biggest overhaul of financial rules since the 1930s, but critics have faulted the proposal for giving additional power to the Federal Reserve while gutting...
    Mar 25, 2010 | Story
  • Healthreformweb
    The Democrat-led push for healthcare reform is in its final stages as lawmakers prepare for a congressional vote as early as this weekend. On Monday, House Speaker Nancy Pelosi said she is considering using a tactic that would avoid a direct House vote on the less popular Senate version of the healthcare bill. We speak with Ryan Grim, senior congressional correspondent for the Huffington Post. [includes rush transcript]
    Mar 16, 2010 | Story
  • Amy-stiglitz
    As President Obama defends the success of his one-year-old $787 billion stimulus package, we speak to Nobel Prize-winning economist Joseph Stiglitz, who says the stimulus was both not big enough and too focused on tax cuts. Stiglitz is the author of the new book Freefall: America, Free Markets, and the Sinking of the World Economy, which analyzes the causes of the Great Recession of 2008 and calls for overcoming what he calls an "ersatz...
    Feb 18, 2010 | Story
  • Dodd-133
    Two veteran Democratic senators, Christopher Dodd of Connecticut and Byron Dorgan of North Dakota, announced this week they would not seek re-election in November. While many consumer groups criticized Dodd’s close ties to the banking and real estate industry, they are even more concerned about Tim Johnson, his likely successor as chair of the Senate Banking Committee, who was the only Democrat to oppose legislation tightening...
    Jan 07, 2010 | Story