REPUBLICANS ARE JAZZED ABOUT the news from USA Today’s A4 that both Democratic presidential candidates “rely on close advisers who had oversight roles at financial institutions that went bust because of subprime loans. Clinton’s campaign manager, Maggie Williams, earned at least $175,000 serving from 2000-07 on the board of Long Island-based Delta Financial, which filed for bankruptcy last year after a history of high-cost loans to low-income borrowers, according to public records. Obama’s national finance chairwoman, Penny Pritzker, was chairwoman of the board of a Chicago-area bank in 1993 when it adopted a subprime business strategy that regulators say ultimately led it to collapse in 2001.
- That Film About Money October 26, 2014
- Tuesday Links: London Whale, S.A.C. Capital, Jeff Madrick October 21, 2014
- Friday Links: Market Basket, War and Climate Change, etc. October 3, 2014
- Annual Labor Issue September 25, 2014
- Climate March Links: Industrial Policy! September 19, 2014
at a 30% discount.
TagsAbby Scher Adidas Alejandro Reuss Bill Barclay Bill Black Cambridge Controversy climate change co-ops CPEG Darwin BondGraham David Brooks David Cay Johnston Deborah M. Figart Detroit Doug Henwood Fiscal Cliff Gaza Harris v. Quinn Henry George Hillary Rettig Hobby Lobby inequality interest rate swaps Israel James K. Galbraith Jason Stanley libor Lynn Parramore May Day Paul Krugman Phil Gasper poverty prison gerrymandering recovery Robert Solow Ron Baiman Sarah Blaskey Steven Pressman sweatshops taxes Thomas Piketty ultra-right unions William K. Black Wolf Richter