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Wall Street

The Asset Manager Power Structure and the Climate Crisis

by Derek Seidman
February 2, 2023

A handful of powerful asset managers control a huge chunk of the fossil fuel industry through massive shareholding.

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The University of Chicago’s New Board of Trustees’ Chair is a Private Equity Oil Baron

by Derek Seidman
June 30, 2022

Billionaire David Rubenstein and Carlyle Group have massive investments in fossil fuels.

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“We consider ourselves a sacrifice zone, because many of the people that live here are Black low-income folk.” 

by Derek Seidman
June 28, 2022

A lifelong resident of southwest Detroit and a leading local organizer on the pollution and the corporate actors that have harmed her community.

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BlackRock Vies for the 2022 Corporate Hall of Shame

by Yusra Bitar
June 27, 2022

BlackRock’s governance practices and investments in fossil fuels, militarized policing, and weapons manufacturers harm communities around the world.

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Liberty Mutual’s Climate Conflicts Deepen as Jay Hooley Takes Helm of ExxonMobil Board

by Yusra Bitar
May 26, 2022

Hooley owns $1.2 million in Exxon stock and nows heads board, raising further alarm over Liberty’s governance conflicts on climate.

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Real estate & private equity billionaires set to profit from NY clean grid investments

by Rob Galbraith
December 13, 2021

Clean power transmission projects planned for New York will be built and owned by Blackstone Group and Related Companies.

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Wall Street is Coming After Our Utilities. It’s Time to Fight Back.

by Derek Seidman
August 17, 2021

Private equity and mega-banks are targeting the electric, gas and water utilities we all depend on.

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Puerto Rico Debt Vultures Give Big to 2020 Candidates as Fiscal Board Appointments Loom

by Abner Dennis
September 29, 2020

Wall Street vulture firms invested in Puerto Rico’s debt are donating big to 2020 candidates who choose the new Fiscal Board appointments.

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Los Buitres de Wall Street Donan en Grande a los Candidatos del 2020 al Acercarse los Nombramientos de la Junta de Control Fiscal

by Abner Dennis
September 29, 2020

Firmas buitres de Wall Street con inversiones en la deuda de Puerto Rico están donando en grande a los candidatos 2020 que designarán los nuevos miembros de la Junta.

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Pandemic Lifestyles of the Rich and Famous

by Derek Seidman
May 6, 2020

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.

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The Billionaires Behind the Crisis: How the Rich & Powerful Put Their Wealth Above Public Health

by Gin Armstrong
April 1, 2020

These are some of the billionaires hoarding wealth while endangering workers and seeking to profit off the crisis. Some may be from your own state.

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Farmworkers Step Up Pressure on Wendy’s Shareholders to Protect Workers’ Rights

by Derek Seidman
March 10, 2020

The Coalition of Immokalee Workers is bringing its demand that Wendy’s join the Fair Food Program to the fastfood chain’s biggest shareholders.

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