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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

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.

The Supreme Court has done little to protect a nation of debtors from predatory lending practices.

Henry Paulson's latest plan takes us further down to road to state capitalism, whose only principle is to protect the bankers who created the problem.

For years, John McCain backed legislation that decriminalized Wall Street's reckless conduct. No amount of New Deal posturing can hide that record.

The Treasury Secretary's decision to buy equity stakes in banks still fails to address the fundamental flaws in the system.

Robert Sherrill's pathbreaking 1990 exposé of the savings and loan scandal sheds light on John McCain's deregulatory politics--and our current financial crisis.

As the next Congress creates a new regulatory structure for our crippled financial system, job one is breaking Wall Street's grip on capital and credit.

Congress must take control of the failed financial system until a new president can legislate a more permanent and equitable solution.

Take a lesson from Andrew Jackson: Rely on regional banks, not Wall Street, to get money in the hands of people who need it.

Blogs

With millions still on the verge of losing their homes, why is the head of the Federal Housing Finance Agency standing in the way of solutions for the housing crisis? 

March 21, 2012

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