Standing in solidarity with the water protectors on the Standing Rock Sioux Nation, Coal River Mountain residents already fending off seven square miles of devastating mountaintop removal mining permits are planning a protest on Monday at the Department of Environmental Protection in Charleston, West Virginia against pending permits for a possible expansion of operations by formerly bankrupt Alpha Natural Resources. …
Pam Martens and Russ Martens – Wall Street Today: Fake Accounts, Fake Money, Fake Courts, Fake Regulators
Last Thursday, the Consumer Financial Protection Bureau (CFPB) announced that Wells Fargo was paying $185 million in fines and penalties for allowing its employees to open “more than two million deposit and credit card accounts” that were not authorized by its customers. The employees were attempting to “hit sales targets and receive bonuses.” In one of the most audacious forms of bank fraud, …
Lauren McCauley – Will BP’s Record Gulf Spill Settlement Amount to a Record Tax Break?
As the U.S. Department of Justice announced on Monday a final settlement with BP over the devastating 2010 Deepwater Horizon oil spill, groups are warning that the oil giant may still nab a substantial tax break under the deal. Attorney General Loretta Lynch said the $20.8 billion settlement agreement marks the “the largest settlement with a single entity in American history.” The …