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Nation Topics - Banking Predatory Lending | The Nation

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Nation Topics - Banking Predatory Lending

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Congress bails out the banks, but needs to do far more for homeowners devastated by the subprime crisis.

The Fed Chief believes if he pumps enough money into the economy, he can stop the slide of house prices and thus stave off financial disaster. How's he doing? So far, not so good.

Let's reinvent progressive economic policy, starting with our own sovereign wealth fund to deal with urgent social needs.

The power of Wall Street money and ideas must give way to a new public agenda to restore the real economy.

As the federal bailout of the banking industry continues, is it too much to ask that McCain, Clinton and Obama abandon their blue-sky promises and address reality?

Bush turns out to be the undertaker of the free market's false promises to ordinary Americans.

He should stiffen his meager bailout plan and call for a moratorium on foreclosures and serious government intervention.

Now that Dennis Kucinich is out of the presidential debates, don't expect Clinton or Obama to hold unregulated bankers accountable for the global economic meltdown.

Civil legal aid attorneys could have sounded the alarm years before the subprime scandal began destroying the lives of urban poor--but Congress wouldn't let them.

Two new books profile the generation of counterfeiters and con men who sprouted up in Jacksonian-era America.

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