Too-big-to-fail Wells Fargo, with its too-big-to-whitewash scheme of charging customers for two million bogus accounts, has done something consumer champions have seldom accomplished on their own: showing ordinary Americans that even the most respected big corporations can opt for blatant, systematic cheating if their leaders believe they can get away with it. Even the banking industry’s most reliable defenders, the …
LAINEY HASHORVA – WELLS FARGO WHISTLEBLOWER: “THEY ARE ALL RIDING THE STAGECOACH TO HELL”
It has been and continues to be an interesting week for Wells Fargo, with widespread coverage from mainstream news outlets; John Stumpf, Wells Fargo’s CEO, going before Congress on September 20; and a $185 million settlement announced with the Consumer Financial Protection Bureau. Interesting, then, that despite all of the monies paid in fines to the CFPB, Wells Fargo still …
Economic Update – How Capitalism Works – 11.08.15
Updates on capitalism vs higher education, real costs of apps, how other half banks. In depth analyses of projected economic downturn in 2016, capitalist inequality and housing changes, and how capitalism affects sports.
Economic Update – Housing, Cities, Suburbs – 03.15.15
Updates on pizza politics, changing currency values, and tax-cutting politicians’ wild claims. Responses on workers coops’ competitiveness and on ‘unfree’ agricultural markets. Interview Walter South on economics of housing and dangerous economics of US cities and suburbs. Download this episode (right click and save)