—Why Trump-nominated Kevin Warsh is the wrong fat cat for Fed chair. Stop reward for failure! Opinion by Mathew Carr There is a striking picture about banking’s share of global profits since 1980, especially in America. Financial services (including banks) in the U.S.:∙ Account for roughly 25-30% of all corporate profits despite representing only 7-8% … Continue reading Era of fat-cat bank extraction to extend until 2030 under Warsh, Bloomberg*? (2)