Mother Jones

Comparing the U.S. and Iceland

Quick Quiz: Who Said It? (Keep Reading) [Almost two years after the financial melt-down] precious little has changed about Wall Street’s massive gravitational pull in the U.S. and the world. Our banks are still too big to fail, their boards are still poorly composed, we have no Consumer Financial Protection Agency, no systemic regulator, no...
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Bill Moyers on Wall Street

“Bets & Side Bets & Bets on the Side Bets” Wall Street has become a place where you don’t lend money to improve local businesses and industry. You basically create new “instruments” — “devices” — to make money yourself. It’s really turned into nothing except a casino, in which Wall Street lends money and then...
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