Bank Settlement

The White House and Your House: Policy Inertia and Organizational Resistance in the On-going Crisis of American Housing

David Coates | Posted 05.26.2012

David Coates

In 2008-9, major banks in trouble were bailed out by American homeowners as taxpayers; but in 2012 American homeowners in trouble are not being bailed out by those same banks to anything like the same degree.

Foreclosure Fraud: Scoring the Deal, Continuing the Fight

Richard (RJ) Eskow | Posted 04.10.2012

Richard (RJ) Eskow

The Federal government and the Attorneys General from 49 states have signed a deal with five major banks over charges of fraud, including reported acts of widespread perjury and forgery, in the so-called "robo-signing" scandal.

People Power vs. Banker Power: Score One For the People

Richard (RJ) Eskow | Posted 03.25.2012

Richard (RJ) Eskow

Patti Smith wasn't wrong when she sang that "People have the powe." We do have the power to win a battle or two, even against those guys on Wall Street. We have more power than we realize -- but only if we're willing to use it.

HSBC Reaches Settlement Over Madoff Lawsuit

Posted 08.07.2011

HSBC (HSBA.L) said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing admi...