Nation Topics - Banking Predatory Lending
News and Features
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.
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.