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Nation Topics - Banking Predatory Lending

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Nation Topics - Banking Predatory Lending

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News and Features

How can we expect the experts to reform the financial system when it's experts who got us into this mess to begin with?

The Bush-Obama strategy of throwing trillions at the banks to solve the mortgage crisis is a huge bust. Will the president be able to extricate us from this mess?

What's missing in the President's call for reform are concrete rules that address a dysfunctional banking system. Slow down the rush to weak solutions.

Long before most in the business press rose to the challenge, Gretchen Morgenson was reporting that the financial sector had gone rogue.

Unveiling new proposals to regulate Wall Street, Geithner and Summers now condemn the shenanigans they once abetted and celebrated.

The head of the FDIC is looking out for taxpayers--and that's why the big guys on Wall Street and their allies in the Obama administration are out to get her.

It would be nice to blame the Gipper for the economic meltdown, but the facts don't support it. The real villains are closer at hand.

Congress, at the behest of the banking industry, has changed accounting rules to make company balance sheets even more opaque. How is that going to help?

The unregulated hedge fund calls the shots in the government's trillion-dollar bailout program--snapping up bad loans some of its execs originally marketed.

Obama and Congress must get tougher on offshore tax cheats--prosecuting them as criminals and requiring full payment, with penalties and interest.

Blogs

Schneiderman not about to let himself be co-opted for Obama’s re-election bid.

January 31, 2012

The bailouts were worse than we thought.

December 6, 2011

Oregon activisits are building a better place to move their money.

November 28, 2011

A new report exposes how the big bank backing helps payday loan companies prey on the poor and veterans.

November 7, 2011

The Obama Administration seems determined to push Elizabeth Warren out the door at the very moment it needs her the most.

June 9, 2011

Republicans tried to use the recent budget compromise to hurt the CFPB, but came away almost empty-handed.

April 21, 2011

Paul Krugman called it “The War on Elizabeth Warren.” Yves Smith wrote about “The Elizabeth Warren Rorschach Test.” There's no doubt that the insightful Harvard professor turned administration official, tapped first to chair the Congressional Oversight Panel into the bank bailouts, drives conservatives a little wild.

March 22, 2011

The banks are back! They’re paying out bonuses and raking in profits, we hear. But just how did they bounce back so fast? Let’s take Bank of America—they’re testing a new “fee structure” for formerly-free checking, adding $6 to $25 to their take of your money each month.

March 2, 2011

The State Bank movement is gaining support among those disillusioned by the failings of Giant Banks.

February 7, 2011

It's amazing what inequality can drive people to, eventually. Just look at Egypt.

January 31, 2011