Archive for the 'Occupy Wall St' Category

Cross-posted with permission from Because Finance Is Boring. Yesterday marked the 50th anniversary of Lyndon Johnson’s War on Poverty. Many on the Left are using this opportunity to bring new life to a much-aligned idea: that there is a role for government in fighting poverty. On the Right, LBJ’s War on Poverty drew criticism from […]

This is an article that I wrote that was originally published in n+1 ‘s fourth issue of the Occupy! gazette When some people think about Wall Street, they conjure up images of traders shouting on the stock exchange, of bankers dining at five-star restaurants, of CEOs whispering in the ears of captured Congress members. When I think […]

On April 26th, Senators Levin (D-MI) and Merkley (D-OR) put out a letter calling on our financial regulators to finalize a strong version of the Volcker Rule by the summer. Twenty-two Senators signed the letter. There is a draft companion letter circulating today in the House of Representatives that is being led by Rep. Blumenauer […]

Today, I saw a MASSIVE signal that the OWS movement is inspiring those who work within the system to grow a backbone and actually do something. Today, a NY Judge, Jed Rakoff, threw out a proposed settlement between Citigroup and the Securities and Exchange Commission (The SEC, if you need a refresher, is in charge […]

Many people on twitter have been questioning why #occupywallst hasn’t been trending on twitter tonight, with the kettling and mass arrest of 400+ protestors on the Brooklyn bridge. Well, it just so happens that JP Morgan invested significantly in a fund with a $400 million share of twitter back in March of this year. While […]

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