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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 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.

Take a lesson from Andrew Jackson: Rely on regional banks, not Wall Street, to get money in the hands of people who need it.

Remember the National Lampoon cover showing a puppy with a gun to its head? That's the Paulson plan.

Henry Paulson isn't proposing the nationalization of private corporations--he wants a corporate takeover of government.

Blogs

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

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