If you watched MSNBC this week, you might have thought the government’s foreclosure settlement with the big banks was a victory for ordinary citizens. Oh, really? More here.
Tag: foreclosures
Banksters spooked by ‘Occupy Our Homes’
Resistance to foreclosures and evictions is having an effect, as a leaked memo from Bank of America indicates. More here.
The repo man is bigger, badder than Irene
Was coverage of the hurricane too intense? A better question is why don’t politicians and the media put the same amount of energy into covering the economic disaster still unfolding right under their noses?
NY Fed’s bottom line: Banksters above the law
Most people who buck the system are easily pressured to change course, but a few are more likely to get their back up and hold steady, at least until the pressure becomes unbearable. Gretchen Morgenson wrote today about one such stubborn fellow.