Steven Krystofiak formed the Mortgage Brokers Association for Responsible Lending, a professional association dedicated to fighting mortgage fraud and predation. On August 1, 2006. He … Liar’s Loans are for FraudRead more
Bank
Posted inBank / News / USA Empire
At Deutsche Bank, Justice Anthony Kennedy’s Son Loaned Trump $1 Billion
new revelations show the close financial ties between President Trump and Justice Anthony Kennedy’s son, Justin Kennedy, who served as the global head of real … At Deutsche Bank, Justice Anthony Kennedy’s Son Loaned Trump $1 BillionRead more
Posted inBank / India / News
India has the highest rate of online banking frauds in the world
According to a global survey conducted by FIS, a financial services technology firm, Indians are among the most frequent victims of online banking frauds. In … India has the highest rate of online banking frauds in the worldRead more
Posted inBank / ToMl
How has bank lending fared since the crisis?
Under the current monetary system, bank lending is the main way in which new money is created. Banks’ lending decisions determine which sectors money is … How has bank lending fared since the crisis?Read more
Posted inBank / Government / News / USA Empire
Obama Treasury Secretary Tim Geithner Now Runs Predatory Firm That Exploits the Poor for Profit
After a lengthy government career defined by his central role in bailing out predatory Wall Street banks as former President Barack Obama’s Treasury Secretary, Timothy … Obama Treasury Secretary Tim Geithner Now Runs Predatory Firm That Exploits the Poor for ProfitRead more
Posted inBank / ToMl
A Public Bank for Los Angeles? City Council Puts It to the Voters
California legislators exploring the public bank option may be breaking not just from Wall Street but from the Federal Reserve. Voters in Los Angeles will … A Public Bank for Los Angeles? City Council Puts It to the VotersRead more
Posted inAadhaar / Bank / News
Banks question UIDAI decision to appoint Deloitte as only agency for information security audits
The decision of the Unique Identification Authority of India (UIDAI) to appoint Deloitte as the only agency to do mandatory audits of Information Security (IS) … Banks question UIDAI decision to appoint Deloitte as only agency for information security auditsRead more
Posted inBank / Corruption / News
Australia’s biggest bank hit with record fine for money-laundering scandal
The record punishment for Australia’s largest bank is the latest blow to the country’s financial sector, which has been rocked by a series of scandals … Australia’s biggest bank hit with record fine for money-laundering scandalRead more
Posted inBank / ToMl
Why the Only Answer is to Break Up the Biggest Wall Street Banks
On Wednesday, Federal bank regulators proposed to allow Wall Street more freedom to make riskier bets with federally-insured bank deposits – such as the money … Why the Only Answer is to Break Up the Biggest Wall Street BanksRead more
Posted inBank / ToMl
Blackstone, BlackRock or a Public Bank? Putting California’s Funds to Work
California has over $700 billion parked in private banks earning minimal interest, private equity funds that contributed to the affordable housing crisis, or shadow banks … Blackstone, BlackRock or a Public Bank? Putting California’s Funds to WorkRead more