“Shadow Banking” at JP Forum on October 21

Tuesday’s Jamaica Plain Forum brings in Eileen Appelbaum and Rosemary Batt to discuss “When Wall Street Manages Main Street: Shining Light on the Shadow Banking System.” The talk starts at 7 p.m. at the First Church of Jamaica Plain, 6 Eliot Street....

Time to mail a can?

From Credo Action—Goldman Sachs and other Wall Street banks have gotten involved in the production and distribution of physical commodities—things like aluminum, oil, electric power, and even uranium yellowcake. To get into the raw material business, banks are...

Learning what we need to know about money

In this extract from Just Money: How Society Can Break the Despotic Power of Finance Ann Pettifor describes how orthodox economics and finance have promoted a profoundly inadequate account of money. Change is necessary and possible. But it will come only through a...

“Fraud-ridden banks” not LA’s only option

More city councillors are questioning why their municipalities are depositing city money in JPMorgan Chase after that bank was implicated in felonies ranging from rigging interest rates to mortgage fraud. But is it true that there is no viable alternative to big...