wall street

The Whistleblower Trying to Stop the Next Financial Crisis
realnews.today
If you were reading the news back in 2008, then you probably remember how residential mortgage backed securities fueled by subprime mortgages tanked the global economy. Now John Flynn, a veteran of the mortgage securities market, says it’s happening all ...[Read more]
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Bernie Sanders and Pramila Jayapal Unveil Bill That Would Tax Wall Street to Make College Free
realnews.today
Senator Bernie Sanders and Congress member Pramila Jayapal have introduced legislation that would tax Wall Street to pay for higher education. The bill would make community college free to all and would eliminate tuition and fees at public four-year colle ...[Read more]
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Hedge funds are getting crushed by the worst short squeeze in a quarter century
realnews.today
Hedge funds that bet against GameStop and other stocks have been crushed by the Reddit army -- and they're infecting the rest of Wall Street. The most heavily shorted stocks have nearly doubled in value over the last three months, according to Goldman Sac ...[Read more]
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Wall Street’s Invisible Hand
realnews.today
The world's largest asset manager has been using workers' savings to help companies block initiatives that would force them to reduce their carbon emissions and disclose their dark money spending. ...[Read more]
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The GameStop Bubble Is a Lesson in the Absurdity and Uselessness of the Stock Market
realnews.today
The online pranksters behind the great GameStop bubble of 2021 are probably going to lose a lot of money. But they’ve done the world a service by reminding us of the utter uselessness of the stock market, an institution that serves no purpose besides ma ...[Read more]
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Republicans Now Turn Their Attention to Deregulating Wall Street With Key Hearing Tuesday
realnews.today
With GOP tax plan moving ahead and the Obamacare fight in the rearview mirror, Republicans in Congress are setting their sights next on deregulating Wall Street. Ten Democrats have co-sponsored a bill that would deregulate Wall Street. That makes the GOP- ...[Read more]
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Meet the New Boss: Bracing for Trump’s Anti-Worker, Corporate Agenda
realnews.today
Trump's ascension to the presidency has ended his inside-out shtick. Much like Barack Obama in 2008, Trump's anti-establishment marketing assault has culminated into an uber-establishment cabinet. Within six weeks of his election victory, Trump has procee ...[Read more]
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