by Zach Carter | Oct 7, 2010 | Blog
I'll have plenty to say about the escalating foreclosure fraud scandal later this week. For now: This is a big, big deal. It isn't a clerical error, it's an aggressive attempt to slap borrowers with thousands of dollars in illegal fees for the luxury of being...
by Zach Carter | Oct 7, 2010 | Blog
UPDATE: President Obama vetoed the foreclosure fraud bailout this afternoon, but plenty of other battles are already raging. Rep. Alan Grayson, D-Fla., is calling for Treasury Secretary Timothy Geithner and the newly-established Financial Stability Oversight Council...
by Zach Carter | Oct 7, 2010 | Blog
Just when you thought Wall Street couldn't defraud the economy any further, it went ahead and did it. After pushing millions of borrowers into foreclosure with fraudulent loans, big banks are now being implicated in a massive new fraud scandal involving the...
by Bill Scher | Oct 7, 2010 | Blog
In a New York Times article about the upcoming remake of the movie "Arthur," the original film's producer was asked about the ridiculous conclusion, where the spoiled man-child millionaire gets to keep both his inheritance and his true love. The producer said: The...
by Sam Pizzigati | Oct 7, 2010 | Blog
The nation's public colleges and universities are currently facing unprecedented budget shortfalls and cutbacks. Elite private institutions, meanwhile, are sitting on piles of endowment cash and, says a chilling new study, still reserving huge numbers of seats for the...
