Banks Profitting Off Government Program Aimed At Struggling Borrowers
Perhaps the government's homeowner assistance program should be renamed the bank assistance program. Big banks have profited from HARP 2.0, the gov...
Perhaps the government's homeowner assistance program should be renamed the bank assistance program. Big banks have profited from HARP 2.0, the gov...
The Huffington Post | Jillian Berman | Posted 02.28.2012
Wall Street just scrimped, saved and cut its way back to pre-recession levels of profit. Bank profits jumped to a five-year high in 2011, according...
AP | PALLAVI GOGOI | Posted 03.20.2012
NEW YORK — Bank of America is back to basics – slimmed down, stripped of its swagger and no longer the biggest bank in the country. And in...
The Huffington Post | Jillian Berman | Posted 12.26.2011
Bank of America CEO Bryan Moynihan says the public needs to start thinking before they criticize his company. "I, like you, get a little incensed ...
Posted 12.19.2011
Morgan Stanley swung to a $2.15 billion profit in the third quarter, helped by a large accounting gain, even as core revenue in trading, banking a...
Posted 12.04.2011
Occupy Wall Street began as a relatively marginalized group protesting in a Manhattan park. That has changed. (CLICK HERE FOR LIVE UPDATES) ...
Earl Ofari Hutchinson | Posted 05.25.2011
In 2008 and 2009, 50 separate Federal programs offered $23 trillion in loans, grants, or asset guarantees to the financial sector. Huh! This item ...
Arianna Huffington | Posted 05.25.2011
If we don't learn from the botched bank bailout, we are in danger of getting the same patchwork, reform-in-name-only outcome on health care.
The Huffington Post | Bonnie Kavoussi | Posted 03.29.2012