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Nation Topics - Banking Predatory Lending | The Nation

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Nation Topics - Banking Predatory Lending

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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.

Keep people in their homes and start re-regulating the banking industry to end the conflicts of interest that fueled the debacle.

As the US economy sickens, foreign governments are on a shopping spree, scooping up bargains paid for by sovereign wealth funds.

Homeowners in gated communities now facing foreclosure are learning there's no fence high enough to keep out the repo man.

The subprime crisis was not just caused by lending run amok, but by
unrestrained trading that made a precarious situation even worse.

As megabanks seek a subprime bailout, take a lesson from Mexico. Taxpayers of the world, hold on to your wallets.

One way or another, banks will get taxpayer help to undo the subprime mess, but it won't be cheap. And the rest of us can bank on getting robbed in the process.

As Congress grapples with the wave of foreclosures and bankruptcies resulting from the subprime mess, why are some Dems siding with the banks?

To solve the subprime mortgage crisis, start with aid for vulnerable homeowners, smarter economic policies and a more competent Federal Reserve Board.

Blogs

Federal prosecutors want to put one in prison for taking kickbacks for doing political favors. The other has been richly rewarded for defrauding investors and saving fellow bankers from criminal prosecution.

January 27, 2015

Activists want to draw attention to some of the most predatory financial companies.

August 12, 2014

The mayor-elect also named an aide as his chief of staff.

December 23, 2013

The settlement with one of the nation’s biggest banks is historic—what should be next?

November 20, 2013

Bank accountability activists continue to send a clear message to the big banks: “You can run, but you can’t hide.”

April 30, 2013

The Strike Debt movement is planning a Rolling Jubilee—a bailout of the people, by the people. 

November 12, 2012

The great progressive senator fought an often lonely battle to prevent banks and credit card companies from rigging the system against working families. His ally then is running for the Senate now.

October 24, 2012

If every trade carried a cost, how quickly do you think Wall St. would rein in the robots?

August 3, 2012

“Everyone does it” is not an adequate excuse. Will bankers depart with their multimillion-dollar rewards intact?

July 10, 2012

The British banking scandal reveals just how much the world of finance needs an overhaul.

July 9, 2012