Below is only one example; there are countless others. Fifth Third Bank (profile here) agreed on Tuesday, July 9, 2024, to pay $20 million in fines for “illegally charging customers for unnecessary auto insurance policies” and creating “fake customer accounts” (read story her[...]
Posts Tagged ‘vulture capitalism’
November 27th, 2022 - 3:14 pm § in Business
Why workers aren’t loyal to companies anymore
In the old days, a young man could graduate from high school, get a job in a factory, support a wife and five kids, and had a job for life as long as he showed up and did the work. That was before Wall Street financiers bought and sold companies like trading cards, Reagan broke […][...]
September 7th, 2012 - 3:39 am § in Misc.
VULTURE CAPITALISM
Barclays makes £500m betting on food crisis Tom Bawden: Outrage as bank revealed to be major speculator while millions face starvation.[...]