Amy Goodman
The Pain in Spain Falls Mainly on the Plain (Folk)
As Spain’s prime minister announced deep austerity cuts in order to secure funds from the EU to bail out Spain’s failing banks, the people of Spain have taken to the streets once again for what they call “Real Democracy Now.” This comes a week after the government announced it was launching a criminal investigation into former CEO of Spain’s fourth-largest bank, Bankia.
Holding Bank of America to account
Shareholder meetings can be routine, unless you are Bank of America, in which case it may be declared an “extraordinary event”. That is what the city of Charlotte, North Carolina called the bank’s shareholder meeting this week. Bank of America is currently the second largest bank in the US (after JP Morgan Chase), claiming more than $2tn in assets.