by Richard Eskow | Feb 9, 2012 | Blog
The Federal government and the Attorneys General from 49 states have signed a deal with five major banks over charges of fraud, including reported acts of widespread perjury and forgery, in the so-called “robo-signing” scandal. A few days ago we suggested that any...
by Richard Eskow | Feb 9, 2012 | Blog
A Missouri grand jury handed down multiple felony indictments for foreclosure fraud on Monday. That's the same kind of crime being negotiated in nationwide settlement talks with America's big banks. If people can be indicted for doing it, why should bankers be allowed...
by Alan Jenkins | Feb 9, 2012 | Blog
As Election Day nears, President Obama is regaining his populist mojo. His State of the Union speech was mostly pitch perfect, evoking core American themes of opportunity and optimism, and calling for “an economy where everyone gets a fair shot, and everyone does...
by Robert Borosage | Feb 9, 2012 | Blog
The bank settlement of $25 billion over three years from five major banks for robo-signing forgeries is being hailed in Washington and scoured by leading bank critics. It is hard not to be suspicious of any settlement that the banks would agree to. I’m reminded of...
by Dave Johnson | Feb 9, 2012 | Blog, Making it in America
Economist Christina Romer had an op-ed in the NY Times this weekend, Do Manufacturers Need Special Treatment? The question that keep coming back to me is why did she feel the need to write an op-ed to diss manufacturing? Is it just an economist thing? Or is she, like...
