Nation Topics - Banking Predatory Lending
News and Features
The average American is paying for the banking debacle not only in taxes for the bailout but with lost jobs and homes.
By now everybody must know that the top banking executives responsible for our economic meltdown have no shame.
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?
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