Category Archives: In the News

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City Desk: Tonight: Anti-Banker Caroling!

Tonight’s protest at Bank of America in Washington – and others planned around the country – were the subject of this article in the Washington City Paper.  Here’s an excerpt: The anti-fat-cat carols were the brainchild of Denise Bowyer, 53, an insurance exec from Mount

Detroit News Editorial: America Needs Consumer Financial Agency

The Detroit News published this insightful editorial by professor John A.E. Pottow.  He tries to uncover the Chamber of Commerce’s opposition to the CFPA, and discovers: “This group fears that meaningful government oversight will make it impossible to sandbag consumers who can’t really compare price

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Bloomberg: Hoffa Says Goldman Sachs Is Driving Trucker YRC Into Bankruptcy

This Bloomberg article reports that Goldman Sachs is is creating derivatives trades that would benefit from the bankruptcy of a trucking company.  Here’s an excerpt: Dec. 17 (Bloomberg) — International Brotherhood of Teamsters President James Hoffa said Goldman Sachs Group Inc. is creating derivatives trades

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ABC News Springfield: Protesting Payday Loans

This week’s protests are making the airwaves.  Folks around the country are turning up to protest abusive financial products like usurious payday loans.  This story from ABC News Springfield IL is an example. Click here to find a protest in your area!

Christian Post: Faith Leaders Defend Families Facing Foreclosure

This week’s bonus actions are making the airwaves.  Folks around the country are turning up to protest the huge bonuses going to top executives at the banks which sank our economy and are fighting hard against financial reform.  This story from the Christian Post is

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ABC News San Francisco: East Bay Priest Fights Foreclosure Crisis

This week’s bonus actions are making the airwaves.  Folks around the country are turning up to protest the huge bonuses going to top executives at the banks which sank our economy and are fighting hard against financial reform.  This story from ABC News is an

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ABC News: Goldman Protests Mount

This week’s bonus actions are making the airwaves.  Folks around the country are turning up to protest the huge bonuses going to top executives at the banks which sank our economy and are fighting hard against financial reform.  This story from ABC News is an

Seattle Protests Criticize Big Bank Bonuses

This week’s bonus actions are making the airwaves.  Folks around the country are turning up to protest the huge bonuses going to top executives at the banks which sank our economy and are fighting hard against financial reform.  The story below from Fox News is