Rebel Cities 11: As Newham Transforms London, Democratic Socialists Awaken

In Newham, East London, Rokhsana Fiaz took power in May with a radical manifesto to alleviate the council's housing crisis and increase citizen participation. She is following through, and change is afoot.

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Trump Administration Waives Punishment For Convicted Banks, Including Deutsche—Which Trump Owes Millions

One of the Trump administration waivers for the LIBOR scandal was granted to Deutsche Bank — which is owed at least $130 million by President Trump and his business empire, and has also been fined for its role in Russian money laundering.

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Wall Street’s House of Cards: Let’s Play Bankster Three Card Monte

Dear Main Street, how do I scam thee? Let me count the ways. Or should I say, “Together we’ll go far.” It’s as if the bank CEOs have regular committee meetings to discuss the protocol of the Three Card Monte trick.

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Belated Valentine To Wells Fargo: How To Break Up With Your Bank

As George Bernard Shaw once wrote: “The reasonable man adapts himself to the world: the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”

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The Economics of Climate Change, Part II: Crash or Transformation?

The 1%’s power to shape the narrative at a time of crisis is crucial – but repeating what happened after the 2008 crash will be far more difficult this time around.

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One Woman's 10-Year Fight to Save Her Family From Foreclosure

"If we had known from the beginning how corrupt the system was, we probably never would have started."

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Goldman Sachs to Pay $5 Billion for Role in the 2008 Financial Crisis

Announced by the U.S. Justice Department, it's only the latest multibillion-dollar civil settlement reached with a major bank over the economic meltdown in which millions of Americans lost their homes to foreclosure.

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Here's What Wall Street Reform Looks Like Under A President Sanders

Breaking up big banks, reinstating the Glass-Steagall Act, restructuring credit rating agencies, and holding bankers accountable for their crimes would begin to address some of the most relevant issues.

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Bankers Go On Trial In Libor Interest Rate-Rigging Scandal

Two bankers who worked for a Dutch bank in London are being charged in a Manhattan court with wire and banking fraud.

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Ben Bernanke Admits Wall Street Execs Should Have Been Jailed

The former Fed chair says that, in addition to banks and corporations paying billions in fines for their illegal activities that triggered the economic meltdown and Great Recession, individuals should have also been held accountable.

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