The tilt of American policy in favor of the finance industry -- reflected in the policies of recent Treasury Secretaries Timothy Geithner, Henry Paulson and Robert Rubin -- cannot be attributed to any one person or institution. The industry flexes unsurpassed muscle in the political system, backed by billions of dollars invested in candidates and lobbying, a vast grassroots lobbying network of local bankers, the growing centrality of finance in the national economy, and widespread acceptance among public officials of a pro-market, deregulatory philosophy.
Crony Capitalism: How The Financial Industry Gets What It Wants
United Parcel Service on Tuesday said it would cut up to 30,000 operational roles in 2026,...
Nearly 400 millionaires and billionaires from 24 countries are calling on global leaders to increase taxes...
