Truthout
Banks
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Using Eminent Domain to Rescue Main Street
In almost every part of the country, entire neighborhoods are drowning in debt, victims of Wall Streetu2019s reckless and predatory lending practices.
Fair Housing Groups Ask Court to Deny Banks’ Effort to Stop Richmond’s Mortgage Rescue Plan
The brief argues that the actions the securitization industry has threatened to take to block the program, known as Richmond CARES, would amount to illegal redlining and would violate …
The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks
The Detroit bankruptcy is looking like the bail-in template originated by the G20's Financial Stability Board.
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Global Power Project: Banking on Influence with Wells Fargo
As the largest bank in the world, Wells Fargo is deeply connected with some of the most powerful U.S. and international institutions.
The Great Eviction: The Landscape of Wall Street’s Creative Destruction
Small groups of community organizers are shouldering the Herculean task of protecting such neighborhoods abandoned by the federal government.
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Green Light for City-Owned San Francisco Bank
Ellen Brown: The question is whether cities and counties can afford not to set up their own municipal banks.
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Time to Send the Crony Banksters to Jail
This morning, in one of the largest insider trading cases in U.S. history, a federal grand jury indicted SAC Capital Advisors, a major hedge fund worth $15 billion dollars, …
Collateral Damage: QE3 and the Shadow Banking System
Ellen Brown: The Federal Reserve Act might have to be modified, but what Congress has wrought can change.
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Bring Back the Boring Bureaucrat Bankers
Let’s say goodbye to the out-of-control big banks, and once again make banking a safe, boring, and useful business with local roots in our communities.
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Is Jamie Dimon Really Out of the Woods With Shareholder Thumbs Down on Splitting CEO/Chairman Roles?
Having weak parts of the JP Morgan operation subject to tougher board oversight is a far cry from having an independent chairman, but it is still a clipping of …