Truthout
Economy & Labor
Are JPMorgan’s Losses a Canary in a Coal Mine?
Truthout combats corporatization by bringing you trustworthy news: click here to join the effort. That sound of shattered glass you’ve been hearing is the iconic portrait of Jamie Dimon …
The Social Consequences of Inequality
Richard Wilkinson is an epidemiologist and a leader in international research of inequality. He is also the co-author of The Spirit Level: Why Greater Equality Makes Societies Stronger with …
Elizabeth Warren Says JPMorgan Trading Debacle Shows “We Need to Go Back to Boring Banking”
Massachusetts Democratic senate candidate Elizabeth Warren reacted to the news of JPMorganu2019s $2 billion trading debacle by calling for the banku2019s CEO, Jamie Dimon, to step down from his …
Crony Capitalism: After Lobbying Against New Financial Regulations, JPMorgan Loses $2 Billion in Risky Bet
JPMorgan Chase, the nation’s largest bank, is under fire after losing at least $2 billion in derivatives trading it was warned carried high risk. The loss has renewed calls …
Romney Has Public and Private Morality Upside Down
He doesnu2019t want to regulate where regulation is necessary ... yet he wants to regulate where regulation is least appropriate - at the level of the individual.
On the News With Thom Hartmann: A Lawsuit Could Put an End to the GOP’s Perpetual Senate Filibuster, and More
In today's On the News segment: Common Cause files suit against the US Senate over filibuster rules, all signs now point to a Greek default and exit from the …
Chomsky: Occupy Wall Street “Has Created Something That Didn’t Really Exist” in US – Solidarity
Well, the Occupy movement isu2014it was a big surprise. You know, if anybody asked me a year ago,
A New Economic Paradigm: An Interview With Gar Alperovitz
If you look deeply, there are lots of elements that begin to form a mosaic, I think, potentially suggesting the direction of an America beyond capitalism and also beyond …
Two Billion Dollar Tip of Banking Iceberg
The latest debacle now is JPMorgan Chase has apparently lost at least $2 billionu2014I stress at least, 'cause it's still not fully known, the scope of this, and it's …
Creating a New Economy for the Poor, Starting With Women in the Third World
In many ways, despite advances in technology, the exploitation of the poor by the haves has not changed much over the past few centuries - nor has ignoring those …