Wednesday, 04 May 2016 00:00 By Michael Nevradakis, Truthout | Interview In Greece, the Syriza-led coalition government is now set to agree to new rounds of cuts and privatizations demanded by the country’s lenders. Prior to its initial election in January 2015, Syriza had promised to abolish the country’s loan agreements and austerity policies. Now,…
Tag: Banks
U.S. Suicide Rate Surges to a 30-Year High
WASHINGTON — Suicide in the United States has surged to the highest levels in nearly 30 years, a federal data analysis has found, with increases in every age group except older adults. The rise was particularly steep for women. It was also substantial among middle-aged Americans, sending a signal of deep anguish from a group…
Matt Taibbi: Why Is the Obama Administration Trying to Keep 11,000 Documents Sealed?
It’s not quite the Panama papers, but one hell of a big pile of carefully guarded secrets may soon be made public. For years now, the federal government has been quietly fighting to keep a lid on an 11,000-document cache of government communications relating to financial policy. The sheer breadth of the effort to keep…
Regulators Warn 5 Top Banks They Are Still Too Big to Fail
The New York Times: The nation’s top bank regulators have added an unexpected voice to the growing chorus of critics worried that the biggest American banks, nearly eight years after the financial crisis, are still too big to fail. The Federal Reserve and the Federal Deposit Insurance Corporation said on Wednesday that five of the…
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