Findings from the High Pay Centre show jaw-dropping levels of inequality in Britain, where executives earning £1,000 per hour exceeded the average U.K. annual salary of £28,000 by lunchtime on Jan. 3 – dubbed Fat Cat Wednesday.
Last week's decision deals a serious blow to the Millennium Bulk Terminals project – which has already experienced the bankruptcy filing of its parent firm Arch Coal, in the latest of several blows to the fossil fuel industry in the Northwest.
The bank that has committed a raft of fraud, illegal foreclosures, energy price fixings and food market speculations took in more than $107 billion of U.S. taxpayer funds in the bailouts.
Citigroup, the largest single recipient of US taxpayer bailout funds with some $476 billion in cash and guarantees, didn't just defraud investors: it foreclosed on hundreds of U.S. military members who served in Iraq and Afghanistan.
A perverse thing is happening in the Pacific Northwest, where energy corporations are trying to slip their fossil fuel exports through some of the most progressive, environmentally conscious communities in North America.