Tag Archives: Occupy Wall Street
bailout banks

The Federal Reserve’s Secret 1.2 Trillion Dollar Wall Street Bailout

by Efrain Nieves The Federal Reserve secretly bailed out Wall Street banks in 2008. The top 3 banks were, Morgan Stanley with a $107.3 billion bailout, Citigroup borrowed $99.5 billion and Bank of America with $91.4 billion. In 2006, Citigroup and Bank of America profited 104 billion dollars. Yet, by 2008,  Citigroup and Bank of America borrowed “$669 […]

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Occupy Oakland.

Oakland Police: Self Defense or Abuse of Authority?

by Efrain Nieves Yesterday the #OccupyOakland protest turned in what seems like a riot scene from the 60s. The police, armored in riot gear, threw tear gas, flash grenades and shot rubber bullets at protesters in downtown Oakland. The Oakland Police Department justify their actions by stating “We were in a position where we had to […]

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