To Avoid Regulations, Uber Describes Itself as Either, Neither and Nor
It depends on which lawsuit you read. The company changes its description of what it does depending on what best allows it to avoid regulatory scrutiny.
David Dayen
David Dayen is the executive editor of The American Prospect. His latest book, “Monopolized: Life in the Age of Corporate Power,” was released in July 2020.
Contacts:
Posts:
Foreclosure Fraud Is Supposed to Be a Thing of the Past, But It Happens Every Day
David Dayen's new book is about three fraudulent-foreclosure victims who brought transparency to their cases. But there are many more out there, and more every day.
Retired Truckers Duck Pension Cuts — For Now
The Treasury Department rejected a bid by the Central States Pension Fund to cut current retiree benefits for 270,000 Teamster truckers by as much as 50 percent.
At Conference of Elites, the Distress of Others Is an Investment Opportunity
Our correspondent braves the Davos of the West Coast, and leaves shaking his head.
Banks Assert Constitutional Right to Billions in Subsidies
The big banks effectively assert that a risk-free dividend from the Federal Reserve is bank property.
New York Times Finds Verizon Strike Beneath Notice
It's the largest U.S. strike action in four years, but in the paper of record: *crickets*
Google’s Remarkably Close Relationship With the Obama White House, in Two Charts
The company has cultivated unprecedented ties to the government not only by lobbying but sharing its digital expertise, raising questions about undue influence.
Bill That Obama Extolled Is Leading to Pension Cuts for Retirees
A provision jammed into the 2014 "CRomnibus" could result in the first cuts in earned pension benefits to current retirees in over 40 years.
Government Bites Merger, Merger Bites Dust
Pfizer decided to terminate its proposed merger with Irish firm Allergan after Obama's historically apathetic Treasury Department actually showed some teeth.
Law School Sells Naming Rights to Secretive Antonin Scalia Fan
An anonymous $20 million gift to George Mason University was conditioned upon naming its law school after Scalia, truly honoring the late justice’s legacy of allowing corporations and the wealthy to buy influence under a shroud of secrecy.