Consumer Lending

The Debt Economy - How The Tax Code Encourages Debt : The New Yorker

newyorker.com | James Surowiecki | Posted 11.17.2009 | Business


. Debt didn't get dangerously out of scale because the system was broken. It got out of scale, in part, because the system worked. The government d...

TARP Repayments May Not Help Consumers

Jun. 9, 2009 | Colin Barr, Senior Writer | Posted 07.11.2009 | Business


NEW YORK (Fortune) -- Don't expect TARP-free banks to unleash a torrent of loans to cash-strapped consumers. The Treasury Department told ten big b...

Take a Number B of A

Scott Foval | Posted 06.08.2009 | Business


Scott Foval

To B of A and the big 19: Take a number. We are in line in front of you, and your business doesn't deserve our tax money until you clean up your act.