February 29, 2016 BY JASON PRAMAS @JASONPRAMAS In May 2012, three former GE executives were imprisoned after being convicted on multiple charges of conspiracy to commit wire fraud and defraud the United States. Dominick Carollo, Steven Goldberg and Peter Grimm had all worked for GE Capital—the financial division that operated as a semi-legal “shadow bank,” […]
AUSTERITY BUDGET: BAKER HITS STUDENTS, HOMELESS, POOR, EVERYBODY BUT THE RICH WITH FY17 BUDGET PROPOSAL
February 25, 2016 BY JASON PRAMAS @JASONPRAMAS If you’re a working person, and you want to understand the annual Massachusetts state budget process, the best resource to consult is the Mass Budget and Policy Center (MBPC). It issues timely reports detailing every major budget proposal and wrapping up each final budget. And it keeps the […]
GE BOSTON DEAL: THE MISSING MANUAL, PART 3
Image by Kent Buckley February 15, 2016 BY JASON PRAMAS @JASONPRAMAS Returning to our ongoing look at General Electric’s recent and inconvenient history of violating the public trust, in part 2 of this “missing manual” the corporation got out of the subprime housing loan market just in time to avoid destruction in late 2007. But […]
GE BOSTON DEAL: THE MISSING MANUAL, PART 2
Image by Kent Buckley February 1, 2016 BY JASON PRAMAS @JASONPRAMAS Two weeks after the first installment of this Missing Manual, we now know that GE will receive up to another $100 million of Boston’s largesse in the form of reopening the Old Northern Avenue Bridge and $25 million in state money for work on […]
GE BOSTON DEAL: AN ACTIVIST HANDBOOK
Images (from 2012 protest against GE in Boston) by Chris Faraone January 28, 2016 BY JASON PRAMAS @JASONPRAMAS Say friend … is a multinational corporation with a terrible reputation, a limitless PR budget, and a penchant for backroom deals with fawning politicians bleeding your state for hundreds of millions of public dollars that would be […]