Sarah Anderson

Sarah Anderson

Sarah Anderson directs the Global Economy Project of the Institute for Policy Studies, a progressive multi-issue think tank, in Washington DC.

Articles by this author

Exxon sign Views
Sunday, December 4, 2016 - 10:30am
Overpaid Oil CEOs for Top Diplomat?
Reuters is reporting that Donald Trump is considering ExxonMobil CEO Rex Tillerson and former ExxonMobil CEO Lee Raymond for the post of Secretary of State. As someone who’s been analyzing CEO pay for more than 20 years, I feel like I know these guys. So I couldn’t resist pulling out excerpts from...
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Wednesday, November 30, 2016 - 4:30pm
‘Foreclosure King’ for Treasury
Donald Trump has reportedly picked his presidential campaign’s finance chairman to be the next U.S. Secretary of the Treasury. Steve Mnuchin is a Wall Street insider, a 17-year-veteran of Goldman Sachs, and currently the head of the hedge fund Dune Capital Management. The Financial Services...
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Monday, September 19, 2016 - 3:45pm
Confederate Symbols and Inequality
The city council of Alexandria, Virginia voted on September 17 to change the name of a highway named after Confederate President Jefferson Davis and to seek the state legislature’s permission to move a statue of a rebel soldier from a busy thoroughfare in the city’s historic center. Prior to the...
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Thursday, September 1, 2016 - 10:30am
Close the Wall Street CEO Bonus Loophole
Over nine million American families lost their homes in the aftermath of the 2008 financial crisis and millions watched their retirement savings evaporate. Meanwhile, the Wall Street banks that caused the crash were doling out executive stock options that would generate huge windfalls once bailout...
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Thursday, July 7, 2016 - 1:00pm
The Democratic Platform Feels the Bern
On the subject of Wall Street reform, the draft platform released by the Democratic Party reads much more like a Bernie Sanders stadium speech than a Hillary Clinton policy memo. "Democrats will fight against the greed and recklessness of Wall Street," they pledge. This tough talk is clearly...
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Wednesday, June 29, 2016 - 9:00am
DNC Platform for Wall Street Tax
The Democratic Party Platform Committee has taken a position in support of a tax on Wall Street transactions, according to a statement by committee member Rep. Keith Ellison. This is just the latest sign of the mainstreaming of a bold policy that would shrink the size and power of Wall Street. Even...
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Monday, June 20, 2016 - 3:15pm
Too Big... and Failing
Bart Naylor likes to joke that when he accepted a job as a Wall Street lobbyist, he assumed he’d be making a big fat salary. Seven-digit paychecks have indeed become the norm. The three top lobbyists for the Securities Industry and Financial Markets Association, for example, each made in excess of...
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Wednesday, June 1, 2016 - 1:30pm
The Big Banks Can Be Beaten
When the 2008 financial crash slammed the New York City construction industry, Maribel Touré’s husband lost his job as an architect. On top of that, Maribel suffered a serious accident. But what really plunged the family into financial trouble was sending their daughter to college. As a child...
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Wednesday, April 6, 2016 - 1:45pm
Wall Street Should Pay a Sales Tax, Too
In case there was any doubt, the presidential election fight has confirmed that blasting Wall Street, even eight years after the financial crisis, is still a vote-getter. Hillary Clinton has said she’d like to jail more bankers. Donald Trump has skewered the hedge fund managers who are “getting...
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Tuesday, July 21, 2015 - 4:15pm
Is Wall Street Pay Too High?
As we reach the fifth anniversary of the Dodd-Frank Act , the Obama administration's thunderous attacks on Wall Street bonuses seem a distant memory. "I'd like to throw these guys in the brig," Vice President Joe Biden fumed when the big banks kept doling out large bonuses after the 2008 crash. "...
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