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Student Loan Collector That Harassed And Lied To Borrowers Ordered To Pay $18.5 Million
Business  (tags: Congress, Consumer Financial Protection Bureau, CFPB, Financial Industry, Financial Regulation, Senate )

Judy
- 1400 days ago - thinkprogress.org
Discover Bank will have to pay out $18.5 million after the CFPB found that it had deceived student loan borrowers and violated their rights, the agency announced Wednesday.
High Risk Investment That Brought Down The U.S. Economy Returns, With A New Name
Business  (tags: Banks, Financial Industry, Financial Regulation, Goldman Sachs, Wall Street, BTO's, Derivatives )

Judy
- 1567 days ago - thinkprogress.org
Like other derivatives, these "BTOs" allow investors to place wagers on the outcome of various loans, bonds, and securities in which they are not directly invested.
How Financial Companies Get Around The Law That Protects Military Families
Business  (tags: Consumer Financial Protection Agency, Financial Industry, Financial Regulation, Veterans )

Judy
- 1605 days ago - thinkprogress.org
The MLA says that lenders can't charge military families interest rates above 36 percent. But the agency estimates that veterans and their families are paying 304 percent annual interest rates on their deposit advance borrowing.
No, Making Banks Hold More Capital Is Not Going To Wreck Lending Or The Economy
Business  (tags: Financial Reform, Financial Crisis, Banks, Financial Regulation, Economy, Bank Capital Lending, Bank Capital Rules, Banks Capital Lending, Increased Capital Requirements, Mark Gongloff )

Judy
- 2141 days ago - huffingtonpost.com
Uh-oh, everybody: Bankers are warning that the U.S. economy could be in deep trouble. Not because bankers wrecked it again, like that last time, but because we are being mean to bankers.
Wall Street Needs to Return to the Basic Principles of Regulation
Business  (tags: financial regulation, AFL-CIO, The Wall Street Accountabi )

Judy
- 3311 days ago - blogs.reuters.com
The Wall Street Accountability Act is a conservative piece of legislation. While the legislation is long and detailed, the principles of financial regulation it embodies are simple and straightforward.
   

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