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Rachel Maddow talks to Joe Stiglitz, Frank Rich about income inequality (video)

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Joe Stiglitz and Frank Rich discuss why a booming Wall Street is having little impact on income inequality.
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The moral environment on Wall Street is pathological — money rules all

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This has nothing to do with Democrats or Republicans. The corrupting influence of Wall Street is everywhere.
NEW YORK CITY - MAY 16: A homeless man sleeps on the streets May 16, 2010 in New York, New York. SeanPavonePhoto / Shutterstock.com

Fox thinks poverty in America is too sexy

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Fox News has a discussion about how America has so many poor because it’s too “comfortable” an option.
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Shareholder proposes Goldman Sachs run for office as a person

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Goldman’s shareholder was sick and tired of the company’s shadowy role in spending millions lobbying Washington.
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Credit Suisse profits plummet 24%, cuts 2,300 jobs, then gives CEO & chairman 33% raise

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It’s nice to know 2,300 employees were willing to sacrifice their careers to pay for two men’s 33% pay raise.
JP Morgan's Jamie Dimon (photo by Steve Jurvetson)

When even Republicans start hating on the Big Banks, is it time to finally break them up?

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With criticism of the Big Banks coming from all sides, breaking them up may actually be a (slim) possibility.
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Elizabeth Warren: Too-big-to-fail banks get $83bn/year subsidy. Why?

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Warren asks the questions that most in DC won’t. It’s not polite dinner conversation to question the 1%.
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Jack Lew confirmed; Wall Street always gets it man

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Washington is too co-opted by Wall Street to care about banks that are too big to fail.
Wall Street

Too-big-to-fail banks’ profits almost entirely paid for by taxpayers

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“In large part, the profits they report are essentially transfers from taxpayers to their shareholders.”
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Geithner’s replacement at Treasury, Lew, stashed money in Cayman Islands

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How patriotic, using offshore investments in the Caymans to shield himself from paying US taxes.
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