mortgage crisis

Journalist David Dayen, explains how the mortgage industry is still defrauding homeowners, why the loan interests incentives are misaligned, Bank Of America’s obscene record of mortgage fraud, the failure of the Obama Administration’s regulatory framework, why tort “reform” has made the housing c...
Matt Taibbi from Rolling Stone on corrupt culture of Bank of America; how CEO rivalry and government regulation created the banking behemoth that conned the American people into bankruptcy.  In the better half, Josh Orton on Walker recall and latest Wisconsin news, Komen Foundation fall from grac...
Robert Kuttner from The American Prospect magazine on status of proposed multi-billion dollar settlement in mortgage meltdown; will Obama’s Financial Fraud Unit have teeth? Will Big Banks see criminal prosecution?  And behind AG Schneiderman’s deal.  In the better half, business write-offs and co...