Working Life

Hey, no big deal — you run a company rife with conflicts of interest, you help crater the economy, costing millions of jobs and trillions of dollars in wealth…and you keep racking up more and more money. Life is good for Lloyd Blankfein.

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You don’t have to look further than the utterly pathetic game of repeated “stay-out-of-jail” cards handed the global banker elite to understand why people are pissed—whether in the U.S., Greece or pick a country. Time after time, the guys who cratered the economy, and robbed people of their jobs and wealth, are given a pass [...]

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   It would be an interesting exercise to add up all the dollars spent by the Justice Department prosecuting Roger Clemens and John Edwards–it’s got to be in eight figures easily–compared to the ZERO spent prosecuting Goldman Sachs CEO Lloyd Blankfein, or for that matter, a whole host of his co-horts.    I mention Blankfein, [...]

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Gupta. Rajaratnam. Blaring headlines are a potentially dangerous distraction from the truth: the bankers responsible for the economic catastrophe that wiped out millions of jobs and trillions of dollars in wealth are still free and clear, reaping tens of millions of dollars more and laughing all the way to next purchase of a yacht or [...]

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That CEOs of American-based, flagless corporations will say, or do, anything to make a buck–and line their own pockets–is not a surprising notion. That our political leadership keeps buying the nonsense spewed out by the Chamber of Commerce and the other megaphones of corporate greed is a tragedy–an obvious result of the corrupt campaign finance [...]

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   You hear that great sucking sound? It’s the hundreds of billions of corporate dollars that flood to off-shore tax havens. Time to turn off the spigot… There is some movement here: Saying that offshore tax havens deprive the United States Treasury of tens of billions of dollars of revenue a year, two senior Democratic [...]

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    I think Carl Levin knows the dance underway. His investigation into the financial meltdown is over. He has forwarded his findings to the Justice Department for civil or criminal action. And, now, I suspect he thinks there will be an attempt to bury the whole mess–and the specific role Goldman Sachs played in the [...]

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At first glance, you might say “huh?” (and, maybe after you read this, you’ll say the same). The auto industry has been lobbying hard to scuttle higher fuel emission standards, claiming the industry just can’t afford the changes–and some Democrats seem to be biting. People are rightly upset at the Democrats but the critics have [...]

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