“Brushing aside the excuse that fake accounts were perpetrated by a few (thousand) bad eggs within the company, Warren asked why no senior leaders at Wells Fargo, including Stumpf, had been punished or returned their personal earnings in light of the scam.” By Sibjeet Mahapatra.

Happy Thanksgiving, you bastards. By Bess Levin.

The vote for Donald Trump may well have been what Michael Moore called the ‘biggest fuck-you ever recorded in human history’, delivered by the white working class to spite ‘the establishment’. But it isn’t just the size of the fuck-you that matters; it’s also who delivers it… By Jan-Werner Müller.

Under a Trump administration, Wall Street is in line for a bonanza.

Left populism is the answer to Trumpism. But all incoming Senate minority leader Chuck Schumer has is more favors for Wall Street. By Branko Marcetic.

There is plenty to be afraid of about Trump’s economic plans. It could well be that the new administration, backed by a Republican-controlled Congress, will start cutting needed social services to the bone. So why has the stock market been soaring since two days after the election? By Jeff Madrick.

There had been Big Pharma, and Big Oil, but never Big Gun. Stephen Feinberg’s Cerberus Capital set out to create it. By Stephen Witt.

Rising inequality is largely to blame for this electoral upset. Continuing with business as usual is not an option. By Thomas Piketty.

When Donald Trump won and private prison stocks surged, an unexpected cheer came from downtown Manhattan. It’s a great time to be in the jail business. By Manuel Madrid.

The world is rapidly changing, America is, Britain is, and many more countries will, it just takes an election. We’re transitioning to a next phase. By Raúl Ilargi Meijer.

In the week leading up to last Tuesday’s election the press was busy writing obituaries for the Republican Party. This continued even after Donald Trump’s “surprising” victory – which, like the 2008 bank-fraud crash, “nobody could have expected…” By Michael Hudson.

There are many facets to the populist, anti-establishment anger that swept Donald J. Trump into the White House in Tuesday’s election. A crucial element fueling the rage, in my view, was this: Not one high-ranking executive at a major financial firm was held to account for the crisis of 2008. By Gretchen Morgenson.

Other financial regulators are expected to follow suit, giving the Trump administration an opening to shift the government’s approach to policing the industry. By Ben Protess and Alexandra Stevenson.

The managerial class and the crisis of democracy. By Ajay Singh Chaudhary, Raphaële Chappe.

The list is long and shameful. The Wachovia Bank helped launder hundreds of millions for Mexican drug cartels. Wells Fargo illegally created nearly two million fake accounts and then charged customers service fees for them. Barclay’s Bank executives manipulated and fixed international interest rates for its own profits. The U.S. operations of Deutsche Bank created over one billion dollars in fake mortgages.

Movement between Wall Street and Washington is as old as the republic, but this year a resurgent left is pushing back. By Alec MacGillis.

Two partners at major law firms have likely been holding their breath since WikiLeaks released an email on November 1 showing that Obama had vetted Hillary Clinton for Vice President and the review came back “too critical,” thus leading Obama to select Joe Biden as his Vice Presidential pick during the 2008 campaign… By Pam and Russ Marten.

Whether Democrats win or lose on Nov. 8, Elizabeth Warren’s influence over politics and the future of financial reform is sure to grow. By Victoria Finkle.

The cozy relationship between Goldman Sachs and the Clintons has reached dizzying new heights in recent years, giving the Democratic Party nominee Hillary Clinton an immensely influential partner on Wall Street. By Shawn Helton.

The Democratic candidate's economic advisers met with Blackstone President Tony James days before he promoted plan to shift retiree assets to Wall Street. By David Sirota.