More and more local branches of banks are closing their doors throughout the U.K., many in rural and less affluent communities, which is having a direct financial impact on residents nationwide.
Act Out! [146-p2] - Puerto Rico Part Two: Road Blocks to Recovery, Those Clearing a Path & Lessons to Learn
This week on Act Out! Special part two episode about Puerto Rico.
Act Out!  - Puerto Rico Part 1: The Disaster is the Colony, FEMA is the problem + Aid On the Ground
This week on Act Out! A special two-part episode all on Puerto Rico.
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.
According to financiers, the only way out of the island's economic mess is to eliminate the minimum wage, sell off public assets, lay off teachers, shutter schools, cut workers’ vacation and benefits, and raise sales taxes.
Last year, the top 25 hedge fund managers took home, on average, almost $1 billion each – and even run-of-the-mill portfolio managers at large hedge funds averaged $2.2 million each.