Showing posts with label Big Insurance. Show all posts
Showing posts with label Big Insurance. Show all posts

Monday, January 28, 2013

AIG and Ethics: The Corporatization of Public Higher Education

AIG and Ethics: The Corporatization of Public Higher Education
"The notorious insurance monolith AIG gave two-thirds of the Ethics Center’s $16,000 first year budget. What might AIG’s intentions have been for funding the Center? AIG has not been known for its ethics. In fact, the insurer’s risky bets on derivatives were central to the 2008 economic crash. They received a $182 billion bailout. Yes, billion."

Wednesday, November 21, 2012

Farmers Told To Buy Insurance If They Don’t Want To Get Sued By Corporations

Farmers Told To Buy Insurance If They Don’t Want To Get Sued By Corporations: Every year for the past 13 years, biotechnology giant Monsanto Company has sued about 11 farmers per year for patent infringement of their genetically modified corn and soybean seeds. Many of these farmers have had to pay a settlement to the corporation even when their fields were accidentally contaminated with GM seeds from a neighboring [...]/p

Friday, August 24, 2012

Romney Says ‘Big Business Is Doing Fine,’ But He’d Still Give Them A Trillion-Dollar Tax Cut

Romney Says ‘Big Business Is Doing Fine,’ But He’d Still Give Them A Trillion-Dollar Tax Cut: When President Obama said earlier this year that the “private sector was doing fine,” Mitt Romney’s presidential campaign jumped on the comment as a sign that Obama was out of touch with reality. Romney, however, made a similar remark last night at a fundraiser in Minnesota, telling the donors that “Big business is doing fine [...]/p

Thursday, August 23, 2012

Meet the Washington Sugar Daddies Who Keep Wall St. Flush with Cash | Alternet

Meet the Washington Sugar Daddies Who Keep Wall St. Flush with Cash | Alternet
"How much is democracy worth to you?
If you’re like most people, it’s priceless. But for the hedge funds and insurance companies on Wall Street, it does have a price tag. And now, thanks to a new report by Global Exchange, we know the number on it: approximately $4.2 billion. That’s how much the Finance, Insurance, and Real Estate (F.I.R.E.) sector has invested in political influence through campaign contributions and lobbying since 2006. That comes to $1,331 a minute spent on political power."