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Nation Topics - Banking Predatory Lending | The Nation

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Nation Topics - Banking Predatory Lending

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News and Features

The unregulated hedge fund calls the shots in the government's trillion-dollar bailout program--snapping up bad loans some of its execs originally marketed.

Obama and Congress must get tougher on offshore tax cheats--prosecuting them as criminals and requiring full payment, with penalties and interest.

Wall Street's pervasive influence on Obama's change agenda props up banks, while the real economy continues to suffer.

Momentum is shifting in Washington to to protect consumers from arbitrary rate hikes and other unfair and deceptive credit card practices.

Good news! Nobody is insolvent! While Treasury declares banks are strong enough to weather the storm, private-sector stress tests tell very different story.

The chairman of the New York Federal Reserve Bank made millions off his secret purchase of Goldman Sachs stock. But where's the outrage?

On the night before the Mortgage Bankers Association won the third round of this ongoing battle, the industry celebrated at the expense indebted mortgage holders.

Bank of America's Ken Lewis has done his bit to reinforce the idea that the CEOs who got us into this mess are a pack of liars.

After all the help that's been given to banks or extorted from the public, we have the feeling financial institutions are not doing much with the money.

GOP "tea-baggers" take note: The Justice Department is closing in on offshore tax cheats. And former Sen. Phil Gramm, their chief enabler, could be caught in the net.

Blogs

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 25, 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

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

April 23, 2012