by Zach Carter | Oct 28, 2010 | Blog, Financial Reform
It's been pretty well-documented that the ultimate fate of Wall Street reform will depend on a series of highly technical proceedings at federal regulatory agencies. If regulators adopt tough new rules, the financial overhaul could succeed well beyond the expectations...
by Zach Carter | Oct 25, 2010 | Blog
The Tea Party likes to wrap itself in "grassroots" contempt for wealthy elites, but the 12 leading Tea Party Senate candidates have accepted over $4.6 million in campaign contributions from Wall Street for the upcoming election. Despite all the Tea Party rhetoric...
by Zach Carter | Oct 22, 2010 | Blog
There’s been plenty of recent media attention to the prospect of investor lawsuits over fraudulent mortgages and mortgage securities. But investor lawsuits against mortgage servicers could be even more damaging than these other lines of legal inquiry. The four largest...
by Zach Carter | Oct 20, 2010 | Blog, Financial Reform
Foreclosure fraud is ruffling a lot of feathers on Wall Street, and while the full scope of losses remains unclear, even major banks are now acknowledging that this is a multi-billion-dollar disaster, not just a set of minor paperwork headaches. So how bad will it get...
by Zach Carter | Oct 20, 2010 | Blog
The so-called “centrists” at Third Way Foundation have come out against a national foreclosure moratorium, but like many of Third Way’s policies, there’s nothing centrist about their opposition. Third Way is simply throwing American homeowners under the bus in the...