Buffalo’s biggest banks are lending hundreds of millions to fossil fuel companies and funding a lobbying effort against climate action in New York.
Wall Street
Las Batallas de la Deuda de Puerto Rico: La Junta Demanda a Medio Mundo
La Junta está demandando a bancos y a bonistas para recuperar miles de millones en deudas. De lograrse, este dinero podría utilizarse para servicios esenciales, como las pensiones y las escuelas públicas.
Puerto Rico’s Debt Battles: The Oversight Board Goes on a Suing Spree
The Oversight Board is suing banks and bondholders to recover billions in debt. If successful, the funds could go to essential services for Puerto Ricans like pensions and schools.
Major U.S. Banks & Hedge Funds Sponsoring Gala to Honor Brazil’s Jair Bolsonaro
Corporate backers of an upcoming gala honoring far-right Brazilian president Jair Bolsonaro are facing growing scrutiny. Will they pull their sponsorship?
Wall Street Billionaire Who Owns Wendy’s Gives Big to Trump While Refusing Farmworkers’ Demands
Billionaire hedge fund manager and Wendy’s owner Nelson Peltz owns a $123 million Florida estate and gives big to Donald Trump – but he refuses to pay a penny more per pound of tomatoes so farmworkers can have better wages and working conditions.
Hedge fund-backed think tank Manhattan Institute publishes blog post sympathizing with killer the day after Christchurch attack
The Manhattan Institute, an influential New York think tank, has been publishing an anti-Islamic conspiracist for more than a decade
Private Prison Stocks Reel From Big Banks’ Decisions to Stop Providing Financing
The stock prices of the two biggest U.S. private prison corporations have
Wall Street Banks & Former Defense Officials Looking to Cash In on Child Detentions
Private equity firm Capital Partners is profiting off of child detention – and it has a host of advisors tied to the defense industry and the Trump administration.
Isla Deuda: Wall Street tiene en la mirilla 40 años de ganancias a expensas de Puerto Rico
La deuda de Puerto Rico está siendo restructurada – y los acuerdos hechos prometen décadas de pagos de los puertorriqueños a los billonarios de Wall Street
Debt Island: Wall Street Closes in on 40 Years of Profit at Puerto Rico’s Expense
Puerto Rico’s debt is being restructured – and the deals being made promise to leave Puerto Ricans paying back Wall Street billionaires for decades.
Chemical weapons profiteers sit on the boards of major art and cultural institutions
Warren B. Kanders and David Rubenstein are super-wealthy executives who profit off of sales of tear gas that is being used at the US-Mexico border and around the world – and they also sit on the boards of major arts and cultural institutions.
The COFINA Agreement, Part 2: Profits for the Few
Even after a “haircut” on COFINA bonds, Wall Street vulture funds and their army of lawyers and lobbyists stand to make hundreds of millions of dollars through Puerto Rico’s debt restructuring.