The Citizens Budget Commission advocated embracing natural gas and expanding nuclear subsidies among other pro-corporate recommendations
Tag: wells fargo
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.
New report on Payday Financing: The Predators’ Creditors
Today we partnered with National People’s Action (NPA) to release a new report, The Predators’ Creditors: How the Biggest Banks are Bankrolling the Payday Loan Industry. The report details ties between payday lenders and big banks, including financing arrangements, shared leadership, and ownership ties. …
Wells Fargo, Wachovia, and the Vulcan Three
Last October, in a stunning turn of events at the height of the Wall Street crisis, Wachovia backed out of a deal with Citigroup and agreed to a $15 billion merger with Wells Fargo — the biggest bank merger ever. The Charlotte-based Wachovia had recently collapsed under the weight of its own mortgage portfolio and …