Socking it to the Shareholders

Socking it to the Shareholders

Someone should make a movie about JPMorgan and title it: “Bankers Gone Wild.” Not long ago, America’s biggest Wall Street Empire was hailed as a paragon of financial integrity. Not now. JPMorgan has been assessed record fines of nearly a billion...
Watch Out for Those Helpful Bankers

Watch Out for Those Helpful Bankers

The word “help” is so uplifting. It conveys our best humanitarian values. How odd, then, to see it used in this New York Times headline: “Banks’ Lobbyists Help in Drafting Financial Bills.” I’ll bet they did! We all know how...
Banking on the Poor

Banking on the Poor

What’s a fair interest rate to pay on a loan? If you think a 300 percent annual percentage rate (APR) is no big deal, you can stop reading. But if you’d be outraged to learn that some of the country’s biggest banks — like Wells Fargo, Regions , US...
Where the Money Is

Where the Money Is

As foreclosures Trim our ranks, The biggest scoundrels Are still the banks. The nation’s big banks are making big profits again. Whew! I was a little worried there for a minute. During America’s recent financial meltdown we actually lost a few biggies, and...
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