The BP Oil Spill Saga: Where Things Stand Now

bp explosion

Marian Wang: Many questions remain unanswered about the long-term health and environmental effects of the crude oil and the unprecedented amount of dispersant, chemicals BP used to break down the thick crude. Both BP and the government have committed funding for continued study of these issues.

Foreclosure Paperwork Scandal

Marian Wang: Though foreclosures continue to speed through courts in some states, in recent months some judges have increasingly questioned banks bringing foreclosure cases in court, forcing them to prove their legal standing to foreclose.

With Federal Benefits Set to Expire, Unemployed Workers Face Shrinking Safety Net

People with No Job

Marian Wang: Not extending federal unemployment insurance, it noted, would cause 2 million unemployed workers to be cut off from federal unemployment benefits by the end of the year.

What Is a Wrongful Foreclosure?

foreclosure

Marian Wang: The issue at the center of the foreclosure scandal isn’t the use of robo-signers and shortcuts in paperwork: It’s whether the banks’ mistakes and lack of due diligence caused people to face wrongful foreclosures.

Ahead of Congressional Hearings, Robo-Signer Scrutiny Spreads

bryan bly depostion

Marian Wang: Several recent reports about robo-signers have brought fresh attention to another angle of the foreclosure scandal: Robo-signing didn’t just occur in the foreclosure process. It also occurred in the processing of mortgage assignments.

Banks Face New Rules on Foreclosures from Skeptical State Judges

foreclosure

Marian Wang: As banks resume foreclosures and claim to have added safeguards to their processes, it’s been left up to state court judges to decide whether they buy what the banks are saying. Many judges haven’t.

Allegations of Corruption and Misspending by California National Guard

national guardsman

Marian Wang: The California National Guard misspent as much as $100 million from a fund that was meant to attract new recruits and encourage Guard members to re-enlist.

Fatal Pipeline Accident Turns Attention to Nation’s Aging Pipelines

The remains of a gas line lie on the ground after an explosion September 10, 2010 in San Bruno, California. (Photo by Eric Risberg-Pool/Getty Images)

Marian Wang: More than 60 percent of the nation’s gas pipelines are 40 years or older, AP reports. And age isn’t the only issue. Older pipelines are often configured in such a way that they’re unable to accommodate the latest pipeline safety technology.

Bell Officials Earned Thousands for One-Minute Meetings

bell meeting

Marian Wang: More revelations in the city of Bell overpaid officials controversy. On top of it all, the state has found that Bell illegally raised property taxes. Legislators are considering plans to refund some $2.9 million to residents.

For Mosques, ‘Anywhere But There’ Echoes Far Beyond Ground Zero

mosque protest

Marian Wang: Given the widespread opposition to such projects over the years, is anywhere far enough from ground zero to build a mosque?

Obama Admin: No More Regulatory Shortcuts for Deepwater Drilling Projects

Marian Wang: The Obama administration announced Monday that it is no longer fast-tracking offshore drilling projects in deep water by exempting them from detailed environmental review.

Despite Extra Help, Weakest Bailed-Out Bank Still Among Worst

Rep. Barney Frank, chairman of the House Financial Services Committee, confers with Rep. Maxine Waters. (Win McNamee/Getty Images)

Marian Wang: At the center of the ethics controversy enveloping Rep. Maxine Waters, a California Democrat, is OneUnited, the nation’s largest African-American-owned bank.