Staff / TruthdigMay 25, 2016
Judges warn that a lawsuit accusing 16 major banks of colluding to manipulate interest rates could bankrupt the institutions responsible for the crash that debilitated the global economy in 2008. Dig deeper ( 2 Min. Read )
By Ellen Brown, Web of DebtOct 22, 2015
The Dodd-Frank regulations are so lethal to community banks that they are rapidly disappearing—except in North Dakota, where they are thriving. Some say the intent was to force them to sell out to the mega-banks. Dig deeper ( 7 Min. Read )
Alexander Reed Kelly / TruthdigAug 1, 2015
One of the Obama administration’s “signature efforts to help homeowners” has “allowed big banks to run roughshod over borrowers again and again,” reports The New York Times. Dig deeper ( 1 Min. Read )
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Chris Hedges / TruthdigJun 1, 2015
The economist and philosopher foresaw that capitalism had built within it the seeds of its own destruction, that the greed of a tiny elite would eventually bring down the system. The final stages that he predicted are visible all around us now. Dig deeper ( 9 Min. Read )
By Nomi Prins, TomDispatchMay 7, 2015
To grasp the dangers that the Big Six banks presently pose to the financial stability of our nation and the world, you need to understand their history in Washington, starting with the Clinton years of the 1990s. Dig deeper ( 14 Min. Read )
Chris Hedges / TruthdigDec 29, 2014
The incarcerated poor have become the nation’s most exploited workers. They are the prototype drones for the corporate totalitarian state. Dig deeper ( 9 Min. Read )
Alexander Reed Kelly / TruthdigAug 1, 2014
In a list of major banks reviled by Americans in order of volume of complaints, Bank of America takes first place, followed by Wells Fargo, JPMorgan Chase and Citibank. Dig deeper ( 2 Min. Read )
Donald Kaufman / TruthdigJun 3, 2014
On Friday, the city of Los Angeles filed a lawsuit against JPMorgan Chase accusing it of pushing minority borrowers to take on risky home loans that would ultimately cost the city at least $1.7 billion in lost revenue and maintenance. Dig deeper ( 1 Min. Read )
By Ellen Brown, Web of DebtApr 13, 2014
Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps. And the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. Dig deeper ( 7 Min. Read )
Staff / TruthdigDec 5, 2013
Wednesday's "The Daily Show" must have had Wall Street banksters reeling, and with good cause. The late night show host offered his audience a litany of infractions corporations, namely banks, have committed and then used their seeming immunity to actual punishment as proof they are not human. Dig deeper ( 1 Min. Read )
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