Screwing Banks That Screwed the Homeless

atlantis

Charley James: Since the onset of the Great Foreclosure Adventure launched by banks and mortgage companies in 2007 causing the housing market collapse, the financial industry has done a great job of screwing the homeless twice, and without any foreplay or even a kiss.

Ex-Marine Fights Freddie Mac to Save His Home

de los santos family

Peter Dreier: recent report sponsored by bank reform groups reveals that if banks lowered the principal balance on all underwater mortgages to their current market value, it would pump over $70 billion per year back into the economy.

Warren Congressional Foe in Bed with Banksters

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Lee Fang: Rep. McHenry received $63,800 from lobbyists and executives from banks, mortgage companies, payday lenders, and other predatory lenders in the last three months alone.

Should We Regulate Cities?

Indicted Bell City Manager Robert Rizzo

Ron Wolff: I can’t help thinking what the “deregulation contingent” of political thinkers would do about the situation in Bell, California, where a corrupt city council, in collusion with a city manager accused of criminal activity, raped the treasury of millions of dollars by paying themselves excessive salaries, sometimes for meetings that lasted only a few minutes.

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