World-News

By Vlad Grinkevich

The current global financial and economic crisis once again confirms the fact that during economic upheavals the rich get richer and the poor become even more destitute. - As of late 2009, the number of billionaires soared from 793 to 1,011 and their total fortunes from $2.4 trillion to $3.6 trillion.

http://www.informationclearinghouse.info/article24979.htm



Ponzi Nation: How Get-Rich-Quick Crime Came to Define an Era

By Andy Kroll

Every great American boom and bust makes and breaks its share of crooks. The past decade -- call it the Ponzi Era -- has been no different, except for the gargantuan scale of white-collar crime. A vast wave of financial fraud swelled in the first years of the new century.

http://www.informationclearinghouse.info/article24975.htm



Back to Market Fundamentalism

How champions of Neoliberal economics are reversing New Deal economics

By Ismael Hossein-zadeh

The New Deal and Social-Democratic reforms that evolved out of the Great Depression and World War II were not courtesy of "benevolent" capitalism, voluntarily bestowed upon the poor and working people.

http://www.informationclearinghouse.info/article24970.htm



The Most Powerful Corporate Business Club Most Americans Have Never Heard of

The Business Roundtable, an organization representing Fortune 500 CEOs, is at the heart of the Economic Elite's power center.

http://snipurl.com/ut14k



Two Right-Wing Billionaire Brothers Are Remaking America for Their Own Benefit

By Jim Hightower

It's not paranoia if they really are out to get you--and they are! "They" are the corporate powers that collect our consumer dollars and then, as hush-hush as possible, use that money to finance their interlocked array of right-wing foundations, think tanks, "scholars," media sparklies, political personalities, and other fronts.

http://www.informationclearinghouse.info/article25039.htm



Banker Bob's £63m jackpot: Anger and disgust as scale of City fat-cat culture hits new record

One of Britain's richest bankers has landed a record pay package of £63.3million. The extraordinary deal for Barclays president Bob Diamond sparked a major new row over payouts to banking fat cats.

http://snipurl.com/uymqs



Cigna Gives $110.9 Million Compensation Package To Ex-CEO

The insurance giant Cigna last year gave compensation packages worth more than $120 million to two executives who left the company, according to a filing with the SEC on Friday.

http://www.huffingtonpost.com/2010/03/20/cigna-gives-1109-million_n_506974.html


From Information Clearing House

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Ask the Chamber of Commerce: Why Is Too Much Not Enough?

Bill Moyers and Michael Winship, Truthout: "Living in these United States, there comes a point at which you throw your hands up in exasperation and despair and ask a fundamental question or two: how much excess profit does corporate America really need? How much bigger do executive salaries and bonuses have to be? How many houses or jets or artworks can be crammed into a life?"

http://www.truthout.org/ask-chamber-commerce-why-is-too-much-not-enough57608



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