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.
Wall Street
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.
El Nuevo Pacto entre la Junta y los Fondos Buitre
El nuevo acuerdo de la Junta es una victoria para Wall Street. Recompensa a los fondos buitre y utiliza dinero que pudiera ser invertido en la recuperación del país mientras preserva los recortes a las pensiones.
The New Pact Between the Oversight Board and the Vulture Funds
Puerto Rico’s new debt agreement is a win for Wall Street. It rewards vulture funds and steers money away that could instead go towards recovery, all while pensions stand to take huge cuts.
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.
Hedge Fund Billionaires Power New Democratic Super PAC
The group’s top donor has a history of backing Republicans.
Hedge Fund’s Control Over Wendy’s Goes Deep as Fast Food Chain Snubs Farmworkers
Trian Partners and its billionaire CEO Nelson Peltz dominate the board of Wendy’s. They have the power to get the fast food megachain to join the Fair Food Program, which protects the rights of farmworkers.
Striking Chicago teachers are taking on the billionaire class that is robbing students & neighborhoods
Striking teachers are demanding better conditions for their whole community instead of billionaire handouts.
Una Guía para el Plan de Ajuste del Gobierno Central: Recortes a las Pensiones y Pago de Deuda Posiblemente Ilegal
La carga del nuevo plan de ajuste de Puerto Rico recaerá sobre los retirados, mientras los bonistas de Wall Street ganarán cientos de millones.
A Guide to Puerto Rico’s Debt Adjustment Plan: Cuts for Pensioners and Payments on Allegedly Illegal Debt
Retirees will bear the brunt of Puerto Rico’s new debt adjustment plan with new pension cuts, while Wall Street bondholders will rake in hundreds of millions.
GM workers strike for fair pay as executives and investors extract billions from the company
Nearly 50,000 GM workers are striking for better pay and job security as executives and financiers benefit from record profits.
Wall Street Billionaires Set to Mingle with Mike Pence at Major Financial Conference
Top Wall Street leaders who profit off of everything from fossil fuels to widespread austerity are set to hobnob with Mike Pence at a major financial conference.