Finance

The Strange, True Story of the Man Whose Maid Was Worth Millions

The Strange, True Story of the Man Whose Maid Was Worth Millions The Strange, True Story of the Man Whose Maid Was Worth Millions

Manju Das thought her future was secured when she went to work as the housekeeper for a wealthy corporate executive. Little did she realize how she was being used.

Nov 9, 2015 / Feature / Nilita Vachani

Protest outside Chase

Is There Such a Thing as a Progressive Bank? Is There Such a Thing as a Progressive Bank?

Meet Amalgamated, a responsible banker.

Nov 3, 2015 / Katrina vanden Heuvel

Paul Ryan

Paul Ryan, R-Wall Street Paul Ryan, R-Wall Street

The new speaker backs bank bailouts, risky investment schemes, and trade deals that have battered his hometown.

Oct 30, 2015 / John Nichols

The Committee for Better Banks rallies for ethical banking practices.

When Bank Workers Occupy the Banks When Bank Workers Occupy the Banks

Tellers and retail bankers not only struggle to make ends meet themselves—they’re being pushed to sell predatory financial products in the communities that can least afford them.

Oct 28, 2015 / Michelle Chen

Treasury

Why Is the CBO Concocting a Phony Debt Crisis? Why Is the CBO Concocting a Phony Debt Crisis?

A simple accounting trick is arming austerity hawks with a powerful, phony weapon.

Oct 15, 2015 / Ari Rabin-Havt

Did Predatory Lenders Pay These 12 Lawmakers to Hobble the CFPB?

Did Predatory Lenders Pay These 12 Lawmakers to Hobble the CFPB? Did Predatory Lenders Pay These 12 Lawmakers to Hobble the CFPB?

An ethics complaint filed this week alleges that industry lobbyists and donors crossed the fuzzy line between routine fundraising and a quid pro quo arrangement.

Oct 8, 2015 / Joshua Holland

China’s Stock Market Crash Is the Latest Crisis of Global Capitalism

China’s Stock Market Crash Is the Latest Crisis of Global Capitalism China’s Stock Market Crash Is the Latest Crisis of Global Capitalism

Alongside rising protests from farmers and workers, China now confronts a middle class anxious about a slowdown in growth and burned by the stock market bust. It’s a volatile brew.

Oct 5, 2015 / Walden Bello

As the 2016 Campaigns Heat Up, the Moment Still Belongs to the People

As the 2016 Campaigns Heat Up, the Moment Still Belongs to the People As the 2016 Campaigns Heat Up, the Moment Still Belongs to the People

What once seemed unexpected is no longer unthinkable.

Sep 22, 2015 / Katrina vanden Heuvel

Financial Markets Wall Street Federal Reserve

Low Interest Rates Help Private-Equity Moguls and Hurt Average Americans Low Interest Rates Help Private-Equity Moguls and Hurt Average Americans

Today’s near-zero rates are free money for investors, but murder for savers and retirees.

Sep 18, 2015 / William D. Cohan

September 15, 2008: Lehman Brothers Files for Bankruptcy and American Finance Collapses

September 15, 2008: Lehman Brothers Files for Bankruptcy and American Finance Collapses September 15, 2008: Lehman Brothers Files for Bankruptcy and American Finance Collapses

“What you have is a glorified money-laundering scheme.”

Sep 15, 2015 / 150th Anniversary / Richard Kreitner

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