Wall Street

Jake Johnson, staff writer
"The public utility is a much better option because you're not having to worry about maximizing shareholder returns and you will make the safety investments that are necessary."
Andrea Germanos, staff writer
CWA protest
The company could instead be "using its massive profits to increase investment...
Eoin Higgins, staff writer
Is the Fed reacting to market volatility or preparing for recession?
"A financial system that requires over $100B of liquidity injections every day...


For those puzzled by the rancor and mistrust so many feel for Hillary Clinton, a lucid Matt Taibbi looks at Clinton's $675,000 speeches to Goldman Sachs to reveal they're about not just money but allegiance. Turns out Clinton declared that "banker-bashing (was) foolish," it takes a village to get out of a financial crisis (in fact caused by a few greedy oligarchs), and public anger is something "we" - oligarchs and Clintons - need to wait out.