Working Life

A problem that I’ve been writing about for several years is the grim reality that the top bankers and Wall Street guys, who were responsible for the financial crisis, have never been out in jail–and jailing these guys is the only way that there is a chance that the same thing won’t happen again. Which brings us to the story of Angelo Mozilo.

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We are missing part of the anger that I think cuts across the political spectrum–and it goes right to the question: why is Angelo Mozilo not going to jail for a very long time? Because the political system still is not willing to jettison our coddling of the vast array of people who committed deep […]

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While they were taking from others, raiding the coffers of corporate treasuries, people suffered throughout the nation. And, even now, they are circling like vultures to pick at the carcasses of their victims.   First, we learn from The Wall Street Journal about "Wall Street’s $10 Million Men": As bad as 2008 was for Merrill […]

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    One of the things that has clearly outraged Americans everywhere is the disgusting spectacle of CEOs legally looting their companies with pay and pensions that are absolutely outrageous. For a long time, a collective Marie Antoinette cry from the CEO suites spilled out that, while a few CEOs pocket massive amounts of money, workers […]

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    One of the things that has clearly outraged Americans everywhere is the disgusting spectacle of CEOs legally looting their companies with pay and pensions that are absolutely outrageous. For a long time, a collective Marie Antoinette cry from the CEO suites spilled out that, while a few CEOs pocket massive amounts of money, workers […]

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