The FHFA filed lawsuits last Friday alleging nearly $200 billion in fraud by the nation's biggest banks. Could this be the beginning of accountability for the banksters?
The Treasury Dept.'s mortgage relief program isn't just failing, it's actively funneling money from homeowners to bankers, and Treasury likes it that way.
Allan Jones, founder of Check Into Cash, invented the modern-day payday loan industry. This is the story of how he made the working poor very, very big business.
If the Senate Democratic Leadership can resist the snake oil of a bipartisan deal, the bill will probably get stronger as it works its way through Congress.
Zach Carter, Simon Johnson, AlterNet. April 17, 2010.
The progressive economist talks about the fight to reform Wall Street, what Robert Rubin should do with his money, and why Jamie Dimon is the most dangerous man in America.
Ben Protess, Lagan Sebert, The Huffington Post Investigative Fund. February 26, 2010.
Companies offering mortgage modifications or foreclosure relief programs generated nearly 8,000 complaints in 2009. FTC consumer chief to fraudsters: 'I want to put you in jail.'
Danny Schechter, MediaChannel.org. August 10, 2007.
The "subprime" credit crunch is really a sub-crime ponzi scheme in which millions of people are losing their homes because of criminal tactics by financial institutions.
