Big business has been in the news recently, and that’s not necessarily a good thing. JPMorganChase lost upwards of $3 billion dollars on hedge trades that should not be legal, but that the bank actively lobbied to protect. Hewlett-Packard is laying off 30,000 employees in an attempt to become more competitive, and in a blow… Continue reading Facebook and Wal-Mart: With Friends Like These…
Tag: wall street reform
President’s Weekly Address – Wall Street Reform Must Be Fully Implemented
In the wake of the over two billion dollars lost at JP Morgan Chase, President Obama used his weekly address to call on Congress to fully implement the Wall Street Reforms he recently signed into law, a law that would protect consumers and make Wall Street accountable for their actions. …We’ve put in place Wall… Continue reading President’s Weekly Address – Wall Street Reform Must Be Fully Implemented