Credit Crisis

Woman Donates House To Paralyzed Man Living In Storage Shed

The Huffington Post | Julian Hattem | Posted 11.04.2009 | Business


As part of its Bearing Witness 2.0 project, the Huffington Post is rounding up a few of the best local stories of the day. In southern Texas, Estela...

Arthur Delaney

29 Overdraft Fees In 27 Days: Birthday Spoiled By Bank Statement

HuffingtonPost.com | Arthur Delaney | Posted 11.04.2009 | Business


Matthew Miller of San Pedro, Calif. spent $2,395 from his checking account during the month of October. He deposited $3,445 on top of a starting balan...

Arthur Delaney

"I Was Blind To Let You Go": BofA Dumps Complaining Customer, Wants Her Back Two Days Later

HuffingtonPost.com | Arthur Delaney | Posted 10.30.2009 | Business


Jane Padgett couldn't believe it when the company that sells her dog's medicine said her credit card had been denied. When she called Bank of America,...

The Lawyers Who Would Torture

David A. Love | Posted 10.29.2009 | Books


David A. Love

Throughout history we have witnessed the ways in which societies compromise their legal systems to oppress the many, benefit the few, and sanction the unconscionable.

Arthur Delaney

Ann Minch To Chase Bank: "Are You Stupid?" (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 10.26.2009 | Business


Ann Minch has a question for Chase Bank after it raised the interest rate on her credit card to 21.24 percent. "Are you stupid? Chase Bank, are you s...

My Action Plan: 15 Things Every American Can Do Right Now

Michael Moore | Posted 10.22.2009 | Politics


Michael Moore

I have 15 things we can all do right now to fix the very broken system in this country and to fight back against those who have brought us to where we are. C'mon people -- we can do this!

The US Dollar: Don't Just Do Something, Stand There!

Marshall Auerback | Posted 10.15.2009 | Business


Marshall Auerback

It seems there isn't a day that goes by without more commentary on the demise of the dollar and the concomitant risk of a collapse of the world's reserve currency.

Jason Linkins

Elizabeth Warren: "The Middle Class Is Under Terrific Assault"

HuffingtonPost.com | Jason Linkins | Posted 10.08.2009 | Business


Warren, who chairs the Congressional Oversight Panel, which makes her your last, best -- maybe only -- hope at getting the TARP money back, touches on several areas of enormous interest.

Developers Need Community Support, Communities Need Affordable Housing

John Petro | Posted 10.08.2009 | New York


John Petro

People are still moving to New York -- despite the recession -- and hundreds of thousands of new housing units will need to be built before supply catches up with demand.

Why B-Schools Don't Change

Pablo Triana | Posted 10.07.2009 | Business


Pablo Triana

The dirty little secret of B-schools is that, even if they wanted to, they may not be able to unshackle themselves from practical irrelevance.

The IMF Catapults From Shunned Agency to Global Central Bank

Ellen Brown | Posted 10.01.2009 | Business


Ellen Brown

The U.S. can settle its debts and get its own house in order, but that would cause world trade to contract. A substitute global reserve currency is needed to fuel the global economy while the U.S. solves its debt problems.

Is Credit Evil?

Don McNay | Posted 09.29.2009 | Business


Don McNay

I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.

Credit Scores: FICO Formulas Are Being Changed By Lenders

usatoday.com | Kathy Chu and Sandra Block | Posted 09.22.2009 | Business


Long after the economy recovers, millions of Americans will be left with a grim legacy of the recession: damaged credit scores, the three-digit rating...

Arthur Delaney

Ann Minch Triumphs In Credit Card Fight (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 10.01.2009 | Business


Two weeks ago, Ann Minch of Red Bluff, Calif. announced in a YouTube video that she'd launched a one-woman "Debtors' Revolt" and would refuse to pay o...

Why Obama Won't Be Able to Reform Wall Street

Arianna Huffington | Posted 09.20.2009 | Business


Arianna Huffington

Obama won't be able to change the course our financial system is on unless he takes on the bankers and their hordes of lobbyists who continue to dictate policy in DC.

Why Doesn't the Media (Really) Care About the Credit Crisis?

Pablo Triana | Posted 09.14.2009 | Business


Pablo Triana

I don't need to tell you that this financial crisis involved financial fraud, murder, and annihilation of the worst kind. Shouldn't media people want to dig in and truly get what happened?

A Year After The Crisis, The Consumer Economy Is Dead

McClatchy | Kevin G. Hall | Posted 11.08.2009 | Business


WASHINGTON -- One year after the near collapse of the global financial system, this much is clear: The financial world as we knew it is over, and some...

Good Riddance, Cash for Clunkers

Alan Schram | Posted 09.30.2009 | Business


Alan Schram

Washington is experimenting with bogus stimulus, such as the "cash for clunkers" program. Taxing Peter to subsidize Paul's new car is not a recipe for sound economic growth.

Credit Card Companies Plan To Shrink Limits For Millions Of Americans

Reuters | Juan Lagorio | Posted 09.28.2009 | Business


NEW YORK (Reuters) - Millions of Americans have already seen their credit card limits shrink, and millions more face the same fate as lenders prepare ...

August Madness: Politics, Money and Discontent

Michelle Kraus | Posted 09.25.2009 | Politics


Michelle Kraus

Somehow we are locked into the drama of health insurance reform while so many moving parts are ignored. How did we get here? And more importantly, how do we change the conversation?

David Wessel on the Failure of Lehman Brothers

Robert Teitelman | Posted 09.06.2009 | Business


Robert Teitelman

This was a Katrina-like failing. A disaster was clearly building and defenses were weak. What were the Fed and Treasury doing in those key months between Bear and Lehman?

Manufacture or Borrow (Until We Can't)

Dave Johnson | Posted 09.06.2009 | Business


Dave Johnson

We don't sell enough things because we don't make enough things anymore. Over time this means we get poorer and poorer as we borrow more and more.

A Reflection on Ayn Rand and Consumer Protection

Jim Randel | Posted 09.05.2009 | Business


Jim Randel

When corporations are doing what they should do -- maximize profits -- they have no vision for the consumer.

Trouble Looming in China

Alan Schram | Posted 09.02.2009 | Business


Alan Schram

The Chinese economy is posting impressive growth of almost 8% annually, even as the rest of the world is going through excruciating economic pain. How is that resilience possible?

Arthur Delaney

"I Never Thought I Would Be In This Spot At This Age": Emails From The Unemployed

HuffingtonPost.com | Arthur Delaney | Posted 09.21.2009 | Business


Unemployed people send me emails every day. They write in response to the series of articles I've been writing about other unemployed people, folks ...