Apr 01 2014

New Report Exposes How LA Funnels Hundreds of Millions to Wall Street

Featured Videos | Published 1 Apr 2014, 9:54 am | Comments Off on New Report Exposes How LA Funnels Hundreds of Millions to Wall Street -

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The Fix LA Coalition has found that in 2013, despite its crippling financial problems, the city of Los Angeles paid a startling $204 million in fees to Wall Street banks – more than it did to repair streets. The disturbing report is entitled No Small Fees: LA Spends More on Wall Street than Our Streets.

The report’s author Lisa Cody, Research Analyst with SEIU Local 721 spoke recently with Uprising host Sonali Kolhatkar about it.

Watch a video of the interview here:

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