New Orleans On the other side of the line there’s still a whining wall about Wikileaks and the end of the world as we know it (and, yes, you atavistic Neanderthals, I do “love Wikileaks” for what they are contributing these days!), but the New Year’s Day release of cables from Wikileaks connecting the links …
Tag: Federal Reserve
Debit Charges and Senate Hucksters
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, about an 80% …
Bank Conflicts of Interest on Foreclosures and Modifications
New Orleans My god, pinch me! Unbelievably the august New York Times in its editorial today has bellied up to the right side of the bar in pointing out the obvious and long noted (including by me!) conflicts of interests enjoyed by banks in the foreclosure game where they often pretend to be chicken, but …