Saying it “weakens a corporation’s governance” and can “harm
shareholder value,” overseers of government worker pension funds have
alleged that one person sharing the role of chief executive officer
(CEO) and chairman of the board at JPMorgan Chase is a conflict of
interest.
The United States prison industry continues to shift towards private ownership of facilities, and the immigrant and minority populations in most prisons now disproportionately outnumber white inmates.
In light of these details, an economic advocacy group is pointing an accusatory finger at Wells Fargo for being a major financier of some of the largest private prison companies in the country.
Moody's credit rating agency downgraded the credit of fifteen of the
country's biggest banks Thursday, including Bank of America, Citigroup,
Goldman Sachs, and JP Morgan Chase.
Dozens of community activists and angry CTA riders protested bank
deals which they claim take money from transit agencies in the lobby of a
Chase Bank at 10 S. Dearborn St. Thursday morning.
Pointing to a report released this week titled “Riding the Gravy Train,”
which details “toxic swap deals” between Wall Street banks and 12 state
governments, the group said nationally taxpayers are losing more than
$520 million a year.
That’s money that could be used to stop public transit service cuts or pay for infrastructure repairs, the protesters argued.
Illinois Attorney General Lisa Madigan joined her North Carolinian counterpart in a threat to sue mortgage servicers if settlement talks about their foreclosure practices fail.
The United States prison industry continues to shift towards private ownership of facilities, and the immigrant and minority populations in most prisons now disproportionately outnumber white inmates.
Dozens of community activists and angry CTA riders protested bank
deals which they claim take money from transit agencies in the lobby of a
Chase Bank at 10 S. Dearborn St. Thursday morning.