How Big Is Bank of America’s $16 Billion Bank Fraud Settlement, Really?

Richard (RJ) Eskow, Huffington Post Preliminary reports say that a $16 to $17 billion settlement will soon be announced between the Justice Department and Bank of America. That would break the record for the largest bank settlement in history, set less than a year ago by a $13 billion agreement between Justice and JPMorgan Chase. The numbers […]

Senator Warren: Letting USPS Offer Pay Day Loans And Check Cashing Would End Fraud

The poor pay more. According to a report put out this week by the Office of the Inspector General (OIG) of the U.S. Postal Service, about 68 million Americans — more than a quarter of all households — have no checking or savings account and are underserved by the banking system. Collectively, these households spent about $89 […]

Ellen Cogen Lipton

State Rep Ellen Cogen Lipton Wants To Muzzle Your Free Speech

Bill By Ellen Cogen Lipton Would Deny Access To Government Docs To Online News Services and Bloggers Michigan State Representative Ellen Cogen Lipton introduced a bill in the Michigan Legislature that narrowly defines the term “journalist” in FOIA requests. Her bill would limit public documents to anyone who works for a “newspaper or FCC-licensed radio or TV […]

San Bernardino Abandons Eminent Domain Mortgage Plan

The plan to use eminent domain to seize troubled mortgages and write down debt for homeowners failed to garner public support. Alejandro Lazo, Los Angeles Times San Bernardino County and two of its cities abandoned a plan that would use eminent domain to seize troubled mortgages and write down debt for homeowners. The decision strikes […]

Wayne County

Proof That One Woman Can Take On A Corrupt County Government And WIN!

MFI-Miami Helps Detroit Cancer Mom Take On A Corrupt County Government To Get Her Tax Bill and Mortgage Wiped Out Steve Dibert, MFI-Miami Well, its official. Kelly Parker has beaten Bank of America and a corrupt county government Detroit cancer victim and single mom, Kelly Parker and her two sons are not being forced to […]

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