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Nation Topics - Banking Predatory Lending

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Nation Topics - Banking Predatory Lending

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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?

Blogs

Activists want to draw attention to some of the most predatory financial companies.

August 12, 2014

The mayor-elect also named an aide as his chief of staff.

December 23, 2013

The settlement with one of the nation’s biggest banks is historic—what should be next?

November 20, 2013

Bank accountability activists continue to send a clear message to the big banks: “You can run, but you can’t hide.”

April 30, 2013

The Strike Debt movement is planning a Rolling Jubilee—a bailout of the people, by the people. 

November 12, 2012

The great progressive senator fought an often lonely battle to prevent banks and credit card companies from rigging the system against working families. His ally then is running for the Senate now.

October 25, 2012

If every trade carried a cost, how quickly do you think Wall St. would rein in the robots?

August 3, 2012

“Everyone does it” is not an adequate excuse. Will bankers depart with their multimillion-dollar rewards intact?

July 10, 2012

The British banking scandal reveals just how much the world of finance needs an overhaul.

July 9, 2012

In Des Moines, home to Wells Fargo’s mortgage division, protesters took a stand against the bank’s abusive lending practices.

April 23, 2012