If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
How different are the big Wall Street banks circa 2008 from the loan sharks of the 1970s? Not very. Laura Gottesdiener has written a remarkable book that hits hard against the big Wall Street banks.
It has been a full five years since banks crashed the economy and more than a year since President Obama announced a special task force to investigate big bank crimes. Ever since, homeowners and community members have been fighting for fair and deserved relief and justice.
Hundreds of homeowners who have been playing by the rules while the big banks have cheated them are risking arrest at the Department of Justice to make an unmistakable statement: it is about time for the government to side with poor and middle class folks.
The Independent Foreclosure Review process has been an utter disappointment. More than four million families have been waiting for answers since the IFR was instituted in April 2011.
Since 2007, Wall Street has evicted four million families -- approximately ten million people -- from their homes. Millions more are ensnared in ongoing foreclosures.
Five years after the near complete financial meltdown of the economy in this country, nothing has really changed. Despite the billions of dollars in settlement fees the banks have shelled out, bad press, and loss of trust, it's pretty much business as usual. Actually, it's more blatant and brazen than ever.
There is a new report out once again reminding us of the greatest disappointment progressives have in the Obama administration: the lack of toughness in regards to Wall Street. Until the Obama administration fixes this problem, the rest of the economy is going to keep suffering.
Even if you're struggling to overcome a major financial crisis at the moment, remember that your transition to recovery can eventually lead to a more sustainable, financially secure future.
For the next several weeks, HuffPost will be cross-posting "Foreclosure Horror Stories" from the Home Defenders League's "100 Stories Of What Wall Str...
For the next several weeks, HuffPost will be cross-posting "Foreclosure Horror Stories" from the Home Defenders League's "100 Stories Of What Wall Str...
As a society we are the more than willing victims who love the adrenalin rush that comes with watching the Dow rise, or our home assessments go up, or our portfolios expand but then turn around and blame our predators when we get caught.
For the next several weeks, HuffPost will be cross-posting "Foreclosure Horror Stories" from the Home Defenders League's "100 Stories Of What Wall Str...
For the next several weeks, HuffPost will be cross-posting "Foreclosure Horror Stories" from the Home Defenders League's "100 Stories Of What Wall Str...
I'd dearly love to stop writing about flawed efforts to help victims of wrongful foreclosures, such as the recently announced settlement with a group of major banks, but we're running out of chances to get this right.
Look, I know what you are thinking. Every day, it seems, comes news of another mortgage lawsuit or settlement, including a foreclosure abuse deal betw...
It must've been like old home week when the old gang of Wall Street and Washington insiders finalized a couple more cushy settlements last week. But there was an empty chair at the negotiating table. That chair belongs to you, and it belongs to me.
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