Many Atlanta corporations that made pledges supporting Black and Brown communities are backing the development of a military-style training facility on protected forest land.
Tag: JPMorgan Chase
NY budget watchdog’s climate recommendations reflect priorities of corporations and lobbyists on its board
The Citizens Budget Commission advocated embracing natural gas and expanding nuclear subsidies among other pro-corporate recommendations
Buffalo Banks Are Financing the Climate Crisis
Buffalo’s biggest banks are lending hundreds of millions to fossil fuel companies and funding a lobbying effort against climate action in New York.
The financial industry gives Geithner some credit
Earlier this week, Bloomberg reported that former Treasury Secretary Timothy Geithner secured a line of credit from JPMorgan Chase, one of the too-big-to-fail recipients of bailout cash. Geithner is looking to buy in to a new $12 billion fund at Warburg Pincus, the private equity firm where he now works. He reportedly stands to make …
Introducing Oligrapher: power mapping on LittleSis
The Endless Chain A single example will illustrate the vicious circle of control–the endless chain–through which our financial oligarchy now operates: J.P. Morgan (or a partner), a director of the New York, New Haven, & Hartford Railroad, causes that company to sell to J.P. Morgan & Co. an issue of bonds. J.P. Morgan & Co. …
DOJ-JPMorgan settlement was negotiated by former WaMu attorney
The final terms of JPMorgan’s mortgage fraud settlement with the Department of Justice was announced yesterday. It is not all that it is cracked up to be, but that has not stopped reporters from touting the deal as a record settlement and the result of a tough negotiation. One particularly extreme example is the front …
JPMorgan negotiates through the revolving door
It is quickly becoming clear that JPMorgan’s tentative $13 billion settlement with the Department of Justice is not the massive, overly-punitive sanction that some press reports have made it out to be. The weaknesses in the deal may be explained in part by the fact that in arranging the settlement, JPMorgan was negotiating through the …