A Sackler family investment firm is the top beneficial shareholder of a publicly-traded oil rig corporation that has faced criticism for taking a $10 million small business bailout loan.
Derek Seidman
Posts by Derek Seidman
Pandemic Lifestyles of the Rich and Famous
While millions suffer from the COVID-19 pandemic and economic disaster, America’s billionaires are retreating to their luxurious enclaves and super yachts as their wealth soars.
The COVID-19 Fossil Fuel Industry Bailout & How To Fight It
These are the ways the fossil fuel industry might get bailed out – and what it means for climate organizers.
Billionaires Live Large While Denying Paid Sick Leave to Millions of Workers
From Walmart to Whole Foods, corporate billionaires have denied paid sick leave to millions of workers for years. Maybe the coronavirus pandemic will change this.
Farmworkers Step Up Pressure on Wendy’s Shareholders to Protect Workers’ Rights
The Coalition of Immokalee Workers is bringing its demand that Wendy’s join the Fair Food Program to the fastfood chain’s biggest shareholders.
Liberty Mutual Director & Former State Street CEO Joins ExxonMobil Board
Joseph Hooley, board director of Liberty Mutual & former CEO of State Street, has joined the ExxonMobil board. This comes as climate organizers intensify their focus on the finance-fossil fuel nexus.
Wendy’s Billionaire Owner Hosts Trump’s Priciest Fundraiser to Date – While Still Refusing Farmworker Demands
Nelson Peltz, the hedge fund billionaire who owns Wendy’s, recently hosted Trump’s most expensive reelection fundraiser to date at his $136.4 million estate. Meanwhile, Wendy continues to turn its back on farmworker demands to join the Fair Food Program.
Not Just Exxon: Paul Weiss’s Addiction to Defending Rogue Corporate Actors
Law students are calling on Paul Weiss to #DropExxon as a legal client. From the Sacklers to Big Tobacco, the law firm has also defended a host of other toxic corporate actors.
Why is the University of Michigan Financing the Billionaire Oilman Who’s Bankrolling the Texas Far Right?
The University of Michigan and Michigan State have tens of millions invested in the private equity fund that finances the business operations of Tim Dunn, the billionaire oilman who is bankrolling the Texas extreme right.
Lawyers Defending ExxonMobil Are Big Biden Donors
ExxonMobil’s lawyers, who scored a victory for the fossil fuel company today on a climate lawsuit, are big donors to Joe Biden, Pete Buttigieg & other corporate Democrats.
Here are the Corporate Backers of School Privatization that Striking Arkansas Teachers are Up Against
A well-funded network, with the billionaire Walton family at its center, is driving the school privatization agenda that striking teachers in Little Rock, Arkansas are up against.
Southwest Pennsylvania State Reps Invest in Fracking Industry as Region Faces Cancer Crisis
As residents of southwest Pennsylvania face a wave of cancer cases that many believe could be related to environmental impacts produced by the region’s extensive fracking operations, numerous local elected officials have close ties to – and are personally invested in – the fracking industry, raising concerns over whether these conflicts could hamper their ability to adequately protect residents in their districts.