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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

Banks have polluted the economy; it's a matter of equity and efficiency that they clean it up.

America's largest financial institutions are insolvent. It's time to face the truth and take the painful actions that will allow the economy to recover.

Of the three tax-challenged Obama appointees, only Timothy Geithner has survived. Is that luck or is there still something special about being from Wall Street?

Why rush to throw another $350 billion of taxpayer money at the Wall Street bandits and their political cronies who created the biggest financial mess since the Great Depression?

Instead of facilitating mergers, we should be reregulating the banking industry and enforcing real transparency.

Forget big bailouts. The fed should finance non-profit state banks like the Bank of North Dakota--no profit means no reason for bankers to misbehave--to get real money to real people in the real economy.

Obama, who promised change, has put the same old Wall Street hustlers on his economic team. Maybe he could send us an e-mail to explain.

No more free money from Washington. No more masters of the universe. No more business as usual.

If nationalizing banks is suddenly on the table, what else might be placed there?

The real scandal of the year is that Eliot Spitzer, brought low by his own bad behavior, had predatory lenders in his sights.

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