Banking

Welcome to Fleece U Welcome to Fleece U

Our mission is to take feckless teenagers like you and turn them into full-fledged debtors.

Sep 6, 2007 / Editorial / Barbara Ehrenreich

The House that Hedge Funds Built The House that Hedge Funds Built

The rickety financial skyscaper known as the subprime mortgage business is ready to tumble--and the rest of us may be buried in the rubble.

Jun 26, 2007 / Column / Nicholas von Hoffman

The Loan Shark Lobby The Loan Shark Lobby

With Democrats in control of Congress, prospects for regulating subprime lenders have improved. But don't hold your breath.

Mar 29, 2007 / Editorial / Garrett Ordower

Credit Card Tricks Credit Card Tricks

Banks no longer lend money to people able to pay them back. Now they trap the poor, the sick, students and elderly people into signing up for credit cards and watch the fees pile u...

Mar 16, 2007 / Feature / Nicholas von Hoffman

Subprime Mortgage Blues Subprime Mortgage Blues

As the housing market flattens, the poor pay the price for the greed and stupidity of the real estate and banking bigwigs.

Mar 5, 2007 / Column / Nicholas von Hoffman

Temple of Mammon, Planet of Doom Temple of Mammon, Planet of Doom

As we head into Summer 2006, the world capitalist system is out of control.

Jun 28, 2006 / Beat the Devil / Alexander Cockburn

Student Debts, Stunted Lives Student Debts, Stunted Lives

As Congress jacks up the rates students and their parents are paying for college loans, the consequences are already being felt by young people whose ability to have a child or own...

Mar 14, 2006 / Column / Nicholas von Hoffman

Credit Crunch Credit Crunch

New federal guidelines for banks and credit card companies that boost minimum monthly payments have wreaked havoc on American families struggling to pay their bills and avoid bankr...

Jan 31, 2006 / Feature / Mark Winston Griffith

Monetary Zombies Monetary Zombies

We're on our way to being a society of economic zombies, half dead and half alive, buried in debt but prevented by credit card companies from declaring bankruptcy.

Jan 17, 2006 / Feature / Nicholas von Hoffman

Pop Goes the Real Estate Bubble Pop Goes the Real Estate Bubble

Stocks crash and housing prices tend to go down with a whisper. But a disturbing number of signs now point to a sudden burst of the real estate bubble.

Oct 5, 2005 / Feature / Nicholas von Hoffman

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