Wall Street, former CEO seek to get paid while Blackjewel miners wait for back wages

Wall Street, former CEO seek to get paid while Blackjewel miners wait for back wages Private equity backing and self-dealing featured at the bankrupt coal firm whose workers are still waiting for pay. Read More → Eyes on the Ties

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Railroad CEO: This Economy Is The “Most Puzzling” In My 40-Year Career

Railroad CEO: This Economy Is The “Most Puzzling” In My 40-Year Career By Mac Slavo Railroad CEO James Foote says that the behavior of this economy is the “most puzzling” he’s seen in his 40-year career in the railroad industry. “The present economic backdrop is one of the most puzzling I have experienced in my career,” Foote told Wall Street analysts on a conference call Tuesday evening. “Both global and U.S. economic conditions had been unusual this year, to say the least, and have impacted our volumes. You see it…

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Phony Economic Growth Stats Conceal Deep Problems on Main Street

Phony Economic Growth Stats Conceal Deep Problems on Main Street By Antony P. Mueller We live not only in a time of fake news but also in the era of fake economic growth. The performance of the economies of the industrialized countries since 2010 is a prominent case of deceptive economic growth. This economic recovery is not the result of a strengthening of the productive forces of the economy, but is due to a massive expansion of liquidity. Central banks created a monetary avalanche that has gone mainly into the…

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Buffalo Banks Are Financing the Climate Crisis

Buffalo Banks Are Financing the Climate Crisis Buffalo’s biggest banks are lending hundreds of millions to fossil fuel companies and funding a lobbying effort against climate action in New York. Read More → Eyes on the Ties

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Is Goldman Sachs’ New CEO, David Solomon, on a Sinking Ship?

Is Goldman Sachs’ New CEO, David Solomon, on a Sinking Ship? By Aaron Kesel Goldman Sachs persons partnered with Bain Capital persons to rip off Mattel, Marc Dreier, Fingerhut, Tom Petters and eToys victims for an excess of $5 billion dollars, as shown in over two years of this author’s research (here, here, here and here.) Whistleblower Laser Haas (who has been threatened by the FBI) has been seeking justice for two decades against Goldman Sachs’ partnership with Bain Capital. That unholy union ripped off eToys when Laser was the…

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DOJ Gifts Sachs And Bain Cap. Racketeers A Gymboree

DOJ Gifts Sachs And Bain Cap. Racketeers A Gymboree By Aaron Kesel We have seen the destruction of multiple companies by Bain Capital and Goldman Sachs Vulture Capitalists, including eToys, Toys R Us, KB Toys, and Fingerhut.  Now, we can add Gymboree to that list. Over and over again it’s the same schemes that this reporter has been chronicling for the past 2 years. In other words, it’s rinse wash repeat — companies are loaded up with debt so that the hedge fund can cash out then put through what’s…

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