BlackRock and Vanguard own 26% of gun profiteer Ruger, and the company’s directors are tied to harmful industries and reactionary causes.
Tag: wells fargo
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.
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 …