Bank Settlements

Sen. Elizabeth Warren demanded to know why the government keeps accepting financial settlements from criminal bankers when they could instead be taken to trial, convicted and locked up. Read more...
Once again, the banks are given a pass for their criminal behavior, while homeowners are given the shaft. Tuesday, the Office of the Comptroller of the Currency and the Federal Reserve announced the beginning of payments for some of those people whose homes were wrongfully taken from them and the settlements are, as Chris Hayes put it, "cartoonishly small." Read more...
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 Read more...