- The Fall of the American Worker
- Billionaire Koch Brother Says Eliminating The Minimum Wage Will Help The Poor
- Tempers flare as Republicans boo Rep. Corrine Brown for shaming them over food stamp cuts—Food stamp exlcusion a first since 1973.
- Europe agrees Bangladesh safety move but US opts out—"[A] string of major American firms including Gap, Wal-Mart, Macy's and JC Penney have refused to sign up, claiming that the deal gives too much power to local unions."
- Flipside: Oleg Deripaska, Russian Billionaire, Gives Away $3 Million Bonus To Employees—"Rusal, Deripaska's company, said it's a one-time move... to buy shares for 120 of his more than 72,0000 employees...."
- Wal-Mart Canceling Plans for Three D.C. Stores Over 'Living Wage' Bill—Will the mayor veto the council?
- Five myths about Wal-Mart—"How often do cities stand up to the retail giant?"
- Wal-mart employee fired after reporting dog in hot truck—"A former employee of Wal-mart in Kemptville, Ont., says she was fired for confronting a customer who left a dog in a truck on a hot day this week."
- Wal-Mart hiring more temporary workers—"May be a strategy to mitigate higher health care costs."
- Walmart Asks Workers for Upbeat Stories, Gets a Cart Full of Criticism
- Trends in Full and Part-Time Employment
- After Walmart, the Nation's Second Largest Employer Is a Temp Agency
- Japan: Living in an Internet Cafe—"[E]mployees were becoming increasingly disposable in the world's third largest economy. Companies looking to cut costs had replaced full-time jobs with low-paid temp positions."
- Elizabeth Warren: The 21st Century Glass Steagall Act
- Wall Street Dodges Financial Reform Again—"The nation's biggest banks have all just been granted two-year extensions to comply with a key rule—put into law three years ago."
- Bill prohibiting mandatory audit firm rotation passes U.S. House—So much for accountability.
- French HSBC tax case report reveals $5 billion in Swiss funds
- Ireland: State begins witch-hunt to catch the Anglo Tape sources—"Bizarre twist as gardai set to be asked to find whistle-blower."
- No jail time for Olympus bosses who committed $1.7 billion accounting fraud
- Blast from the Past: Madoff Whistleblower: SEC Failed To Do The Math—"It was redemption of a sort for Harry Markopolos, a financial analyst-turned-investigator who spent nearly a decade on Madoff's trail — and whose warnings were largely ignored by securities regulators."
- JPMorgan Chase Fires Back At Warren-McCain Plan To Reinstate Glass-Steagall
- Chase Made Errors in Nine Percent of Credit-Card Collection Lawsuits, Internal Survey Finds
- If You Put $250 in a Chase "Savings Account," You'll Get 12.5 Cents in Yearly Interest -- And Maybe Charged $4 a Month
- Libor moving to NYSE Euronext—"The British Bankers' Association, which had been administering the London interbank offered rate for decades, came under fire during a rate-rigging scandal that had a knock-on effect on loans and derivatives around the globe."
- S&P Admits in Court That Its Ratings Are Ridiculous and No One Should Ever Take Them Seriously
- British Banks 'Bamboozled' Government, Ex-BOE's Jenkins Says
- Eliot Spitzer Sued By Hank Greenberg, Former AIG CEO, For Defamation
- U.S. debt collector hit with record penalty for abusive calls—"Expert Global Solutions, the world's largest debt collection agency, has agreed to pay a $3.2 million civil penalty and stop harassing and abusing debtors by engaging in practices such as calling them multiple times a day, the U.S. Federal Trade Commission said on Tuesday."
- Governor Christie Slams Third Veto On Foreclosure Assistance Bill—"A piece of legislation in New Jersey that would have essentially created a state-run program to buy foreclosed homes and properties and turn them into affordable housing has been vetoed by Republican Gov. Chris Christie — for the third time."
- Meet The People Who Lost Their Housing Thanks To Budget Cuts
- Murky Language Puts Homes Underwater—"Banks around the country are exploiting a loophole to foreclose on homes that shouldn't be in the crosshairs."
- America's dangerously removed elite—"It's easy to cut public education funding when your kids go to private school. Just ask Christie and Emanuel." Salon
- Donald Trump fails to deliver on golf resort jobs pledge—"By his own admission, Mr Trump has created no more than 200 of his promised 6,000 jobs and is thought to have spent just £25m on the scheme while bulldozing environmentally sensitive areas of the Scottish coast, according to a new analysis of the scheme's finances."
- Saudi princess posts $5-million bail, will be freed—"The Saudi royal princess who is charged with forcing a Kenyan woman to work for her as a domestic servant posted $5-million bond Thursday.... Alayban was arrested early Wednesday by police at her Irvine home in a gated community where they say she forced a 30-year-old to work 16 hours a day, seven days a week, for only $220 a month. She was unable to leave because Alayban kept the woman's passport and documents, police say."
- Buddhist monk pictured on private jet has assets frozen—"A Thai Buddhist monk who drew criticism after being pictured on a private jet surrounded by high-end fashion accessories has had his financial assets frozen over allegations of money-laundering and fraud."
- China's rich developing taste for human breast milk
- Crazy Rich Asians: new book takes satirical jab at over-the-top luxury
- Why do the rich think I'll work for free? Salon
- In Statement, Snowden Announces He Formally Accepts Venezuela's Offer of Asylum
- S. American states to recall ambassadors from Europe over Bolivian plane incident
- Oliver Stone on NSA Spying
- Asylum for Snowden won't stop Greenwald from publishing more leaks
- Holder announces major changes to leak probe guidelines—"According to the rule changes, the FBI will no longer be able to portray a reporter as a co-conspirator in a criminal leak as a way to get around a legal bar on secret search warrants for reporting materials."
- Amnesty International: Bradley Manning: US must drop "aiding the enemy" charge
- Investigate Michael Hastings' Death
- Ag-Gag Laws Silence Whistleblowers—"ALEC-inspired bills passed in several states make it a crime to film or take photographs exposing conditions in factory farms and slaughterhouses."