Does the plea bargain by Carrie Tolstedt, who led Wells’s corrupt fleecing of customers, suggest a belated criminal crackdown on corporate crooks?
CEOs
Posted inEconomic Policy
If at First You Don’t Succeed on Executive Compensation …
Try, try again. Here’s the epic saga the Biden administration wants to add to.
Posted inEconomic Policy
How the Federal Reserve Protects the Top One Percent
Our central bank operates by and for the financial elite.
Posted inMoney, Politics, and Power
Commerce Secretary Raimondo Meets With One Corporate Executive per Day
Calendar logs from the first seven months of her tenure at Commerce show 230 different meetings with CEOs, top executives, or trade groups.
Posted inMoney, Politics, and Power
Elon Musk’s Twitter Debacle Shows the Problem With Billionaires
One person should not control nation-sized pots of resources.
Posted inTAP
Bankman and the Bastardization of Bankruptcy
Today on TAP: He gets to cheat his customers, write off debts, and then keep control of his company? (Yup, that’s how bankruptcy often works for big dogs.)
Posted inEconomic Policy
Already in a Hole, the Federal Reserve Keeps Digging
Unfounded Fed tightening myths are backfiring on the economy.
Posted inWorking in America
Tech Company Workers Should Unionize Immediately
What happened to Twitter could happen to any Silicon Valley company.
Posted inPolitics
The Crises That Overturned Our Politics
Democrats embracing the battle is the first step to voters trusting Democrats to lead the nation.
Posted inMoney, Politics, and Power
How Manchin Capitalized on Being at the Center of the IRA Debate
The senator formed a new fundraising vehicle that lets him solicit larger contribution checks.