The era of investment banks appears to have ended. Goldman Sachs and Morgan Stanley, the last big independent investment banks on Wall Street, are transforming themselves into bank holding companies subject to far greater regulation.

Immigration raids are spreading across the country. The agencies meant to protect public health are being dismantled from within. Public broadcasting is being defunded... Today, Democracy Now!'s independent reporting is more important than ever. Because we never accept corporate or government funding, we rely on viewers, listeners and readers like you to sustain our work. Can you start a monthly donation? Monthly donors represent more than 20 percent of our annual revenue. Every dollar makes a difference. Thank you so much.
Democracy Now!
Amy Goodman
Immigration raids are spreading across the country. The agencies meant to protect public health are being dismantled from within. Public broadcasting is being defunded... Today, Democracy Now!'s independent reporting is more important than ever. Because we never accept corporate or government funding, we rely on viewers, listeners and readers like you to sustain our work. Can you start a monthly donation? Monthly donors represent more than 20 percent of our annual revenue. Every dollar makes a difference. Thank you so much.
Democracy Now!
Amy Goodman
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The era of investment banks appears to have ended. Goldman Sachs and Morgan Stanley, the last big independent investment banks on Wall Street, are transforming themselves into bank holding companies subject to far greater regulation.