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New Orleans – In one of the many articles on yet another multi-$100 million settlement, one story, almost in an aside, stated that the purchase of Countrywide’s assets by Bank of America, was “one of the worst deals ever.” The price tag for Bank of America has been billions. This settlement with the Justice Department [...] New Orleans Cred ODECU of Chile it card scams are the bad penny perfected in the United States that is turning up now elsewhere in the world. These practices are not the foul play of bad actors as predatory lenders always claim, but intrinsic elements of corrupt, exploitive business models. The economic success stories in [...] Maude Hurde leadin an action against Wells Fargo years ago New Orleans I may still be under a gag order on ACORN’s final settlement with Wells Fargo, but who knows at this point and who would care now. Wells Fargo was always about hard ball and hard bargaining, but when we moved after than [...] New Orleans I have often quoted a line by a former Republican OMB director that we should “never suffer from premature certainty,” and given the disaster that banks, the Treasury Department, the Bush and Obama Administrations, and the servicers have made of the housing crises and its millions of homeowner victims, I almost hesitate [...] Dodd-Frank Bill New Orleans The Dodd-Frank Financial Reform Act called for the Federal Reserve to put an end to the debit card surcharge padding when that retailers were paying to banks and credit card companies, usually amounting to 44 cents a transaction. New Fed proposals would cap the amounts at 7 to 14 cents, [...] |
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Copyright © 2012 Wade Rathke: Chief Organizer Blog - All Rights Reserved |
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