FDIC Says It Will Investigate Payday Loans Made By Banks
Federal regulators are launching an investigation into a shadowy practice that banks don't like to advertise: inhouse payday loans. These high-interes...
Federal regulators are launching an investigation into a shadowy practice that banks don't like to advertise: inhouse payday loans. These high-interes...
AP | PALLAVI GOGOI | Posted 05.30.2012
Want to close your bank account? It could cost you as much as $55. In a survey of the practices of the 10 largest banks in the country – includ...
Reuters | Posted 05.31.2012
* City of Memphis had accused Wells of discriminatory lending * Bank has denied allegations, citing commitment to responsible lending...
Reuters | Posted 05.29.2012
By Leah Schnurr and Jilian Mincer NEW YORK, May 28 (Reuters) - Kate Carpenter and her husband waited for two years before sensing the ...
The Huffington Post | Alexander Eichler | Posted 05.24.2012
To steer homeowners toward a little-used foreclosure review program, the government is harnessing the power of YouTube. The Federal Reserve release...
Posted 05.24.2012
One man is facing possible jail time after he allegedly spent tens of thousands of dollars that Wells Fargo accidentally deposited into his account. ...
Richard Zombeck | Posted 05.22.2012
A wrap-up of stories and posts you might have missed or overlooked -- the ones below the fold.
Leo W. Gerard | Posted 05.21.2012
In the wake of Wall Street recklessness that caused economic collapse, Congress gave shareholders and citizens Dodd-Frank to help them constrain self-dealing corporate executives. The 99% Coalition and shareholders are working with those tools even as Republicans vow to take them away.
The Huffington Post | Catherine New | Posted 05.21.2012
Free checking at Wells Fargo is officially over. Effective August 7, all Essential Checking customers will pay a $7 monthly service fee. Until rec...
Reuters | John McCrank and Jessica Toonkel | Posted 05.18.2012
By John McCrank and Jessica Toonkel NEW YORK (Reuters) - Investors who managed to buy Facebook Inc shares ahead of the No. 1 social net...
The Huffington Post | Harry Bradford | Posted 05.17.2012
Last Saturday night, Norman Rousseau reportedly spent hours trying to fix an old RV. He was facing the prospect of foreclosure, and he wasn't about to...
AlterNet | Posted 05.16.2012
Norman and Oriane Rousseau were one more couple pushed by a huge, greedy bank to the brink of homelessness. On Sunday, desperate and with nowhere to g...
Posted 05.16.2012
A woman who allegedly intended to rob a Wells Fargo bank inside a grocery store didn't get very far after employees say they recognized her as the sam...
D. Sidney Potter | Posted 05.14.2012
Like a fat kid and chocolate cake, some things are just inseparable. And CEO Jaime Dimon of JPMorgan Chase has proven that parable with his near insatiable appetite in saying the wrong thing at the wrong time.
The Huffington Post | Bonnie Kavoussi | Posted 05.14.2012
Wells Fargo has been sued by a group of struggling homeowners, who say the bank worked with them in bad faith. Vicki and Richard Sutcliffe, a coupl...
The Huffington Post | Alexander Eichler | Posted 05.12.2012
If San Diego voters had their way, banks would be paying out, big time. Seventy percent of San Diegans who responded to an opinion poll conducted l...
HuffingtonPost.com | Ben Hallman | Posted 05.10.2012
Have a complaint about the bank managing your home loan? Joseph Smith, the former North Carolina banking commissioner charged with enforcing the natio...
Brent Budowsky | Posted 05.10.2012
At this moment, in our land, it is time for the true champions of the 99 percent to launch the largest voter registration, mobilization and turnout campaign in the history of freedom.
Posted 05.09.2012
Standing at the ATM, the choices are few -- receipt or no receipt, withdrawal or check balance. But for 12,000 machines in the U.K. there will be ...
The Huffington Post | Harry Bradford | Posted 05.09.2012
Amidst debate over how much banks value clients, one among them stands accused of purposefully profiting off the math errors of its own customers. ...
Reuters | Posted 05.09.2012
May 8 (Reuters) - The U.S. Department of Justice believes it has grounds to bring claims against Wells Fargo & Co for monetary damages and civil...
Posted 05.08.2012
Imagine getting fired for a crime you committed not one, not two, not three, but four decades ago. That’s what happened to one Milwaukee woman....
George Goehl | Posted 05.07.2012
We believe protest at the Bank of America meeting this year is not just normal -- it's the only response that makes sense. We don't want to protest Bank of America's shareholder meeting, but we have to, to protect our country from more unchecked corporate greed and abuse.
Aaron Sankin | Posted 05.03.2012
After a wave of property damage to dozens of Valencia Street during a pre-May Day rally Monday evening, it's pretty clear that Occupy has an image pro...
HuffingtonPost.com | Ben Hallman | Posted 05.03.2012
The promises made by five of the nation's largest banks under the much-ballyhooed $25 billion mortgage settlement have a surprisingly short shelf life...
HuffingtonPost.com | Catherine New | Posted 06.01.2012