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There is few evidence to suggest that Big Tech is a threat to economic growth, much less democracy.
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Big Tech. Big Pharma. Big food. Big banks. Big oil. We have concerns about all of them. Big Tech is spying on us and collecting our personal information. Big Pharma is taking advantage of us and poisoning us. Our health and fitness are being jeopardized by our consumption of large amounts of food. Big banks are causing boom-and-bust cycles to destabilize. Big oil is wreaking havoc on the earth.
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Goldman Sachs just revealed its smallest partner class in decades as Chief Executive David Solomon further shrinks the megabank’s elite inner circle.
The $2 trillion financial services giant said
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Some big banks have received grand jury subpoenas as part of a federal investigation into possible fraud involving the $660 billion coronavirus emergency loan program for small businesses, according to a new report Saturday. Two sources told Reuters that the Justice Department had sent subpoenas to major banks, but did not name the institutions. JPMorgan …