Article Archive for August 2009
Jim Hightower: Bank fees are more outrageous than ever before
Excerpt:
How’s this for gratitude?
Wall Street bankers, whom we’ve propped up with a $12 trillion bailout, are quietly slipping offensive little notes into your and my monthly …
Posted by Phyllis Salowe-Kaye/ Star-Ledger Guest Columnist August 06, 2009 5:16AM
Categories: Economy
ANDREW MILLS/THE STAR-LEDGER Elizabeth Warren is the chair of the Congressional Oversight Panel created to oversee the U.S. banking bailout, formally known as the …
By Bill Ragen, SEIU
An incentive system similar to one at the top is at work at the street level of the biggest banks. In the tens of thousands of bank branches and call centers of …
Angela Canterbury
Public Citizen
We would have had more warning of the collapse of Wall Street and the subsequent economy crisis if there had been more protections and avenues for disclosure for employees willing to raise concerns. …
By Maya Jackson Randall and Jessica Holzer
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)–Only 9% of eligible borrowers have received trial modifications under the Obama administration’s ambitious effort to help
struggling homeowners, according to data released by the …
Banks Fall Short on Mortgage Help
Govt. Report Shows 15 Percent of Eligible Borrowers Offered Help; Bank of America, Wells Fargo Lag Behind Other Big Banks
By MATTHEW JAFFE and ALICE GOMSTYNAugust 4, 2009
Fewer than one in …