August 2, 2012

Wall Street Pursues Image Rehab

The Partnership for a Secure Financial Future is working on image rehab for the financial industry. They released a lovely video that features a slew of financial services employees talking about how they help their community and why they like their jobs.The Partnership is supported by the Consumer Bankers Association, Mortgage Bankers Association, Financial Services Institute, and The Financial Services Roundtable. Directly next
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August 1, 2012

LINKS: Why Didn’t Romney Just Go To Vegas?

Politico: Romney, GOP High-Rollers to Meet in Aspen Romney plans to join mega-donors in town for a retreat hosted by the RGA’s so-called Executive Roundtable program, which will draw some of the biggest names in GOP politics, including several high-powered governors, a top adviser to Romney, Karl Rove, and other representatives of deep-pocketed political spenders,
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August 1, 2012

For-Profit College Lures 14-Year-Old, Dumps Him, Sticks Him With The Bill

All across the country, people are waking up to the abusive practices of for-profit colleges, which take $33 billion a year in taxpayer money, much of it for poor quality programs that leaves students deep in debt and unemployed.  The newest bombshell is an in-depth report from Chris Parker in The Village Voice highlighting students
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August 1, 2012

Georgia Voters Of Both Parties Revolt Against Corruption

Imagine if lobbyists could give virtually anything they wanted to lawmakers, ranging from a gift basket of cookies to a Mercedes Benz. This isn’t some dark fairy tale. In Georgia, it’s reality. Lobbyists can give virtually whatever gift they want to lawmakers. But in recent month, a rowdy coalition of tea partiers and progressives have
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August 1, 2012

Former Army Captain Says If Hospitals Behaved Like For-Profit Colleges, Execs Would Be In Jail

At a press conference Monday, Sens. Tom Harkin (D-IA), flanked by Sen. Richard Blumenthal (D-CT) and Rep. Elijah Cummings (D-MD), unveiled a new report looking at the abuses against students by the for-profit college industry, which is largely subsidized by the taxpayer with few strings attached. In recent months, abuses against veterans in particular have come
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August 1, 2012

The Washington Post Won’t Tell Congress How Much Money Kaplan’s CEO Makes

    Some Members of Congress are stepping up to increase oversight over the for-profit college industry, which is heavily subsidized by taxpayers but which continues to abuse our veterans and other students. As a part of this effort, Rep. Elijah Cummings (D-MD) sought to report about the salaries of top executives at these companies.
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