The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
CalPERS
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Blackstone, BlackRock, or a Public Bank? Putting California’s Funds to Work
California has over $700 billion parked in private banks earning minimal interest, private equity funds that contributed to the affordable housing crisis, or shadow banks of the sort that caused the banking collapse of 2008.
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Hedge Funds Have Cost Workers Billions. This is How They’re Fighting Back.
A growing movement to take pension money out of hedge funds is part of a larger effort to wrest control of the economy away from the financiers who’ve created a system that works only for the super-rich.
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California Calls On Pension Funds Worth $500 Billion to Divest From Coal In Climate Push
“With coal power in retreat, and the value of coal dropping, we should be moving our massive state portfolios to lower carbon investments and focus on the growing clean-energy economy,” said California senate leader Kevin de Leon.
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Prosecuting Wall Street: It's Time to Bring the Banks Before a California Jury
Sixteen of the world’s largest banks have been caught colluding to rig global interest rates – so why are we doing business with a corrupt global banking cartel, and isn't it time someone prosecuted them?
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Sacramento CA, Sues Big Banks Over LIBOR Rate Manipulation
Sacramento County has sued Bank of America, Citigroup, Deutsche Bank and 15 others, saying they cost the city untold sums by manipulating LIBOR.