Toronto After years of big banks essentially flipping off their customers and borrowers fighting foreclosures in no small measure because banks were more than willing to take the money and run on the government’s bailout, but were heedless of the damage they were doing to their borrowers’ lives and communities, Gretchen Morgenston in the New York …
Category: Financial Justice
Big Data Finally Helping Poor Fight Predatory Payday Lenders
Oshawa, Ontario For a change, big data seems to have been enlisted in a good fight rather than for spying on us or selling politicians and schlock. With the recent action of the state legislature Alabama became the thirteenth state along with Illinois and Florida to require payday lenders to report their customers to a …
Obamacare: One Big Corporate Rip-off and One Huge Gap
New Orleans As hope soars for the new Affordable Care Act and its coming coverage of the uninsured, some of the discoveries of the problems with the law produce a heavy heart. Yesterday we looked at one big healthcare company’s attempt to scam the system and rip-off their lower waged workers by trying to …