Business
Debtor’s Prison for Mortgage Defaulters?
While most Americans were watching events unfold in the Middle East, the Chicago Tribune quietly published over the weekend a story…
Tag: Finance
Business
Fannie Mae deal with BofA draws Lawmaker Scrutiny
A deal between Fannie Mae and Bank of America has come under Congressional scrutiny in recent days as new details have…
Business
UK Banks Use Libor Probe to Lobby for Consumer Account Fees
LONDON — The recent Libor rate-fixing scandal that rocked financial sectors of Europe earlier this month has resulted not in a…
Business
Predatory Elite Overwhelming America Says Critically Acclaimed Author (video)
“Inside Job,” documentary filmmaker Charles Ferguson has published a new book, “Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of…
Business
USB Trader Loses $2 Billion
Swiss banking giant UBS reported a loss this week of about $2 billion in an unauthorized trade gone wrong. The loss,…