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Nation Topics - Banking Predatory Lending | The Nation

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Nation Topics - Banking Predatory Lending

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The men most responsible for the collapse of the American dream are heaped with honors at the highest levels of society.

Foreclosed home

It took pressure from progressives to get a partly decent mortgage fraud settlement. They can’t take their eyes off the prize now.

By the time you read this, the PR hacks of Goldman Sachs will be trying to destroy the reputation of whistle-blower Greg Smith.

That Lawrence Summers and Bill Clinton, the president he served as treasury secretary, can still get away with disclaiming responsibility for our financial meltdown is an insult to reason.

Betrayal by the “good guys” for whom we have ended up voting has become the norm.

In contrast to Obama’s go-easy approach, officials like Eric Schneiderman and Martha Coakley are insisting on vigorous prosecution of bankers.

It's Time for Debt Forgiveness, American-Style

The nation’s largest banks are methodically harvesting the last possible pound of flesh from millions of homeowners. We should put a stop to it.

The UK rioters know full well that their elites are looters too.

Foreclosed

Is America finally learning that extreme inequality isn't just bad for those at the bottom—it’s ruinous for those on top, too?

Eric Schneiderman

Law enforcement agencies have not undertaken a thorough investigation of the banking crisis. But Eric Schneiderman is digging into it.

Blogs

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

April 23, 2012

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