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As Wall Street Banks Sever Ties, Private Prison Companies Stand to Lose Over $1.9B in Future Financing
This year, JPMorgan Chase, Wells Fargo, Bank of America, SunTrust, BNP Paribas, and Fifth Third Bancorp publicly announced that they would no longer provide any new financing to the private prison...
Bad Deal, Bad Company, Bad Billionaire: How Proposed Taxpayer Subsidies for Amazon HQ2 Can Still Be Stopped
On November 13, 2018, Governor Cuomo, Mayor de Blasio, and Amazon.com, Inc. announced that the e-commerce giant would seek to build a massive corporate hub (part of what they originally billed as...
Bankrolling Oppression: How Wall Street Companies Finance the Private Prison and Immigrant Detention Industry
The private prison and immigrant detention industry profits off of the pain of communities and the separation of families. As the Trump administration continues to advance policies that further...
Do Hedge Funds Make Good Neighbors?
Nearly eight years after the start of the global financial crisis, hedge funds and private equity firms have found yet another way to make big profits: distressed housing assets. Often, the very same...
Big Banks and the Dismantling of the Middle Class
The finance industry now dominates the U.S. and global economy, generating one-third of total corporate profits in the United States. But rather than serving communities and reforming the practices...
Leveraging New York's financial Power to Combat Inequality - The Report
New York is among the most unequal cities in the US. This inequality has become the most pressing issue in New York City and New York State. The good news is that New Yorkers are demanding action —...
13 hours ago
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