Wall Street Topics

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

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  • Moveyourmoney-dn
    Economist Robert Johnson, columnist Arianna Huffington and filmmaker Eugene Jarecki, among others, have come up with a new proposal that would allow ordinary people in this country to channel their anger over the Wall Street bailout while also helping invigorate community banking. We speak with Rob Johnson about Move Your Money. [includes rush transcript]
    January 04, 2010 | Story
  • Santa-clausweb
    As 2009 comes to a close, we take a look at the state of the US economy with economist Dean Baker and the Reverend Jesse Jackson. "After throwing the economy into the worst downturn since the Great Depression and bringing the whole sector to the edge of collapse, the financial industry has used its political power to succor itself back to life," Baker writes. "It is now stronger than ever." [includes rush transcript]
    December 30, 2009 | Story
  • Blackweb
    The Dow Jones Industrial Average has topped 10,000 for the first time in a year, as JPMorgan Chase reported massive profits in the third quarter. Meanwhile, the Wall Street Journal is reporting that major US banks and securities firms are on pace to pay their employees about $140 billion this year — a record high. But on Main Street, foreclosures are also at record levels, and the official unemployment rate is expected to top ten...
    October 15, 2009 | Story
  • It’s been exactly one year since the onset of the financial crisis and the passage of the Bush administration’s $700 billion bailout of Wall Street. But what were the factors in deciding who received bailout funds? And what happened to all the money? The answer to those two simple questions is: We don’t know. In a new article in Vanity Fair, the Pulitzer Prize-winning investigative team Donald Barlett and James Steele try to...
    September 10, 2009 | Story
  • The Guardian newspaper reports staff at Goldman Sachs can look forward to the biggest bonus payouts in the firm’s 140-year history after a spectacular first half of the year, sparking concern that the big investment banks which survived the credit crunch will derail financial regulation reforms. We speak to Nomi Prins, a former managing director for Goldman Sachs in New York, about the possible record bonuses, President Obama’s...
    June 22, 2009 | Story