Inequality.org

connecting the dots on a growing divide

Sam Pizzigati: On Wall Street, Still Tis the Season to Be Jolly?

Wall Street’s power suits aren’t humming along, this December, with all the holiday jingles. Bankers, traders, and law firm partners are quite frankly feeling kind of foul. End-of-year Wall Street bonuses, experts predict, are going to be down from 2010 levels — by as much, on average, as 35 percent. Total 2011 pay for the […]

Salvatore Babones: The Greek Debt Crisis: What’s Going on in Europe?

As the economic news in the United States gets worse and worse every week, a lot of Americans are saying “at least we’re not Europe.”  To read the press accounts, it sounds like Greece is plunging Europe into a second Great Depression.  Greece is having trouble paying its debts, and many people are worried that […]