Banks Behaving Badly
It’s no secret after the 2008 financial crisis that the banks behave badly. On this page, we have collected the latest cheats, swindles, discrimination, and fraud by the big Wall Street banks. And their efforts to hijack our democracy with campaign cash.
The big banks top the list for number of individual and class action cases alleging discrimination based on gender, race, national origin, age, or disability as well as sexual or racial harassment:
Big Wall Street banks spend big Wall Street money on settling labor discrimination suits. Since 2000…
— AFR (@RealBankReform) January 16, 2019
There’s that time they bought themselves some politicians, who gave them a tax windfall the rest of us paid for:
— Take On Wall St (@TakeOnWallSt) May 8, 2018
Then there’s the time they took that windfall and spent it on raises and retirement for workers…just kidding, they used it to juice stock prices.
— Take On Wall St (@TakeOnWallSt) August 7, 2018
And lay people off.
.@BankofAmerica closed 7 U.S. call centers in 3 years, laying off over 2500 people. Was rewarded with $3.5 billion in Trump tax cuts. Check out @CWAUnion’s new report https://t.co/x6wAjwSTiq $bac pic.twitter.com/FNc6d7boZS
— Take On Wall St (@TakeOnWallSt) March 6, 2018
One bank, Wells Fargo, even has its own dedicated Scandal Tracker. Believe us, it gets updated pretty often.