Category Archives: Banking industry

PG&E Neglected Maintenance for Years Despite Known Fire Risk; Judge Demands Prompt and Clear Answers to WSJ Expose

A Wall Street Journal expose of PG&E’s willful failure to maintain its transmission lines, directly tied to California’s most lethal fire, led a judge to demand answers.


Bill Black: Ocasio-Cortez & Sanders Introduce Bill to Cap Credit Card Interest Rates at 15%

Ocasio-Cortez and Sanders introduce legislation: they call it Loan Shark Prevention, which would allow post offices to act as banks and cap interest rates at 15%, but credit card companies claim it would hurt the poor.