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Big Banks

Three Things To Know To Hold Wells Fargo Accountable

Lynn Parramore | Posted 10.13.2016 | Business
Lynn Parramore

Here are three things anyone wanting to hold Wells Fargo accountable needs to know.

Friday Talking Points -- The Debate Wait

Chris Weigant | Posted 09.23.2016 | Politics
Chris Weigant

The audience, when the debate actually happens, will be huge. Tremendous, in fact. Some (we won't say who) are even predicting it could be a bigger television event worldwide than the 1969 moon landing.

Banks Used Low Wages, Job Insecurity To Force Employees To Commit Fraud

Dave Johnson | Posted 09.20.2016 | Business
Dave Johnson

Banks profit from low wages and job insecurity in more ways than the obvious. They don't just pocket the wage differential; they use the poverty-level wages and job insecurity to force employees to do unethical things they couldn't otherwise get them to do.

Wells Fargo CEO Takes Responsibility For 'All Unethical' Practices

Reuters | Alexander C. Kaufman | Posted 09.22.2016 | Business

WASHINGTON (Reuters) - The chief executive officer of Wells Fargo & Co on Tuesday apologized for the bank’s opening as many as 2 million bogus custo...

Al Capone, Meet Wells Fargo

Richard (RJ) Eskow | Posted 09.13.2016 | Politics
Richard (RJ) Eskow

Every major bank on Wall Street has a rap sheet that would make a Chicago gangster blush. Nevertheless, bank-servile Republicans have been calling to disband the Consumer Financial Protection Bureau, even as it brings Wells Fargo to something like justice.

The World is Looking to the US for Third Party Risk Guidance

Tom Garrubba | Posted 09.13.2016 | Business
Tom Garrubba

As more organizations here in North America and overseas increasingly utilize third party vendors with a global presence to perform critical functions, process key transactions and provide exposure to sensitive proprietary information, those organizations with mature third party risk (TPR) programs are receiving a loud call to provide assistance to those new to the TPR field.

Monopolies & Elitism: 5 Ways You Might Be the Elitist You Abhor

Robert Hall | Posted 07.25.2016 | Business
Robert Hall

In an age where we talk incessantly about the virtues of equality, local empowerment, engagement, freedom of choice, small business and democracy, the forces of monopoly seem to be gaining ground, sowing elitist seeds that make society's relationships more volatile. Surely none of us play a role in all of this - or do we?

The Congressional Blacklist

Judy Frankel | Posted 07.18.2016 | Politics
Judy Frankel

2016 will be different. First, more voters will be coming to the polls because of the Presidential election. Second, they will be better educated because there is now a blacklist of the most heinous vote-against-the-public, vote-for-the-funders offenders.

BREXIT: Lessons of History Applied by UK's Patriots

Natasha Srdoc | Posted 06.29.2016 | World
Natasha Srdoc

After all the noise, threats, doomsday scenarios and cataclysmic prognosis by political pundits and elitists, the only relevant argument in the BREXIT victory is the self-determination by the British people.

Selling the Planet Short

Lindsey Allen | Posted 06.22.2016 | Green
Lindsey Allen

Don't believe the banks. Because the banking industry is betting on disaster.

Stop Bankers From Robbing Taxpayers

Lynn Parramore | Posted 06.08.2016 | Business
Lynn Parramore

Does the question of morality have a place in the realm of banking and regulation? That it feels awkward to even raise the issue is convenient for bankers who engage in reckless and harmful activities every day without fear of punishment.

Banks' Embrace Of 'Jumbo' Mortgages Means Fewer Loans For Blacks, Hispanics

The Wall Street Journal | Adam Goldberg | Posted 06.02.2016 | Business

Last decade’s financial crisis left many losers in banking. One winner is the jumbo....

The Big Banks Can Be Beaten

Sarah Anderson | Posted 06.01.2016 | Politics
Sarah Anderson

Many Americans who were hurt by the financial crisis want more done to crack down on Wall Street greed and the recklessness that caused it.

Bank5 Connect Offers Best Checking Account of 2016

GOBankingRates | Posted 05.15.2016 | Black Voices

By Valencia Higuera, Contributor Whether you're opening your first checking account or transitioning to an interest checking account, choosing the b...

Why Bernie Sanders Is Wrong About Big Banks

Quora | Posted 05.10.2016 | Politics

These questions originally appeared on Quora - the knowledge sharing network where compelling questions are answered by people with unique insights. ...

Why Suing Your Bank Could Help Others Avoid Being Ripped Off

The Huffington Post | Shahien Nasiripour | Posted 05.06.2016 | Business

A new proposal by the nation's chief consumer watchdog could help government regulators and prosecutors stop big banks' dubious practices more quickly...

The Cure for a Sluggish Economy: More Entrepreneurial and Small Business Support

Frank Islam | Posted 04.29.2016 | Business
Frank Islam

Real Gross Domestic Product (GDP) in the United States increased by 2.4% in 2015. The Bureau of Economic Analysis' advanced estimate of GDP for the f...

Elizabeth Warren Has Basically Had It With Paul Krugman's Big Bank Nonsense

The Huffington Post | Zach Carter | Posted 04.13.2016 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) appeared to offer a thinly veiled rebuke of liberal economist Paul Krugman on Wednesday by highlighting ...

'Living Wills' For Five Big Banks Fail U.S. Regulators' Test

Reuters | Adam Goldberg | Posted 04.13.2016 | Business

By Lisa Lambert WASHINGTON (Reuters) - Five out of eight of the biggest U.S. banks do not have credible plans for winding down operations during a cri...

Yikes, Paul Krugman Really Doesn't Understand Dodd-Frank

The Huffington Post | Zach Carter | Posted 04.12.2016 | Business

Paul Krugman does not seem to understand the very financial regulations he claims to support. Following up on his Friday column in which the liberal e...

Bernie and the Big Banks

Robert Reich | Posted 04.10.2016 | Politics
Robert Reich

The recent kerfluffle about Bernie Sanders purportedly not knowing how to bust up the big banks says far more about the threat Sanders poses to the Democratic establishment and its Wall Street wing than it does about the candidate himself.

10 Best Savings Accounts of 2016

GOBankingRates | Posted 03.24.2016 | Business

By Cameron Huddleston, Columnist Year after year, Americans' top financial resolution is to save more. Yet, a recent GOBankingRates survey found tha...

10 Best Online Banks of 2016

GOBankingRates | Posted 03.21.2016 | Business

By Cameron Huddleston, Columnist Online banks also offer many perks, and GOBankingRates has analyzed the top national online banks as part of its Be...

Congressional Watchdog To Investigate Wall Street Regulation

Reuters | Casey Williams | Posted 03.04.2016 | Business

NEW YORK (Reuters) - A U.S. watchdog agency is preparing to investigate whether the Federal Reserve and other regulators are too soft on the banks the...

Why Bernie's Proposals Would Spur Economic Growth

Robert Reich | Posted 02.18.2016 | Politics
Robert Reich

Failure to take action on the biggest banks, a single-payer plan, widening inequality, and discrimination will almost certainly harm the economy.