For Many, Stimulus Payments Delayed By Privatized Tax Services
The IRS’ difficulty in swiftly getting payments to Americans has a basic, root cause: There are multiple private actors sitting between the IRS and tax filers.
Banks Made $10 Billion In Fees Processing PPP Loans
Why are banks allowed to charge up to 5% fees on federally funded PPP loans?
Suze Orman Lambastes Credit Businesses For Harming Americans During COVID-19
Suze Orman had some savvy and comforting pandemic-related financial advice this morning. But she also had some blunt warnings about the insufficiency of the CARES Act stimulus payments and how credit card companies and credit bureaus are making things worse.
'The Big Short' Author Michael Lewis Sounds Alarm On Trump And Wall Street
Author Michael Lewis connects Trump's recent financial hires to the financial meltdown of 2008.
'The Big Short' Author Michael Lewis Sounds Alarm On Trump And Banking
Author Michael Lewis (The Big Short) thinks Trump may play fast and loose with banks -- actions that caused the 2008 financial meltdown.
'Underbanked' Report Shows Need For Postal Banking
If We the People could be have a simple bank account at our Post Offices, this would solve a problem for millions upon millions of Americans. It would keep people away from the debt-trap clutches of the predatory payday lending industry.
Banks Used Low Wages, Job Insecurity To Force Employees To Commit Fraud
Wells Fargo used job insecurity, poverty-level wages, extreme sales quotas and high pressure as financial incentives to force employees to fraudulently open accounts.
Under Dodd-Frank Pressures, Finance Institutions Are Breaking Themselves Up
Populist demands to break up the biggest banks are at times being answered through indirect pressure from regulators.
Barney Frank Points Out The Real Reason For Our Weak Recovery
Nobody has focused on Frank’s allegation that Barack Obama refused to extract foreclosure relief from the nation’s largest banks.
Wahh! Davos Banker Wants Us To Stop Picking On Bankers
“Life is hard enough,” according to Swiss banking executive Sergio Ermotti, “without people “constantly bashing banks.”
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