It strains all credulity to think that millions of working class Americans managed to defraud financially sophisticated lenders. And yet that's what bank apologists insist.
The Media Consortium | Posted 05.25.2011
Weekly Audit: Foreclosuregate Hits Homeby Lindsay Beyerstein, Media Consortium blogger Earlier this month, Bank of America (BOA), the country's larges...
Peter G. Miller | Posted 05.25.2011
For all the talk of reform on Wall Street, a quicker and easier way to assure that big banks don't fail and small borrowers don't get screwed is to si...
Leo W. Gerard | Posted 05.25.2011
Wall Streeters who get millions in bonuses to know better are still trading in derivatives. Nothing is preventing another financial collapse, when Wall Street will come crying to Washington for a new $700 billion
Leo W. Gerard | Posted 05.25.2011
Baker: "For most economists, the idea that a market would take leave from its senses -- that it would be driven by speculation -- is almost inconceivable."
AP | ALAN ZIBEL | Posted 05.25.2011
In the mortgage industry, they are called "liar loans" _ mortgages approved without requiring proof of the borrower's income or assets. The worst of t...
William K. Black | Posted 05.25.2011