Peter Kuznick Undoing the New Deal: Roosevelt Created A Social Safety Net, Not Socialism PAUL JAY: Welcome to the Real News Network. I’m Paul Jay … Thousands of banks collapsed across the countryRead more
Financial crisis
JPMorgan Chase to Pay $13 Billion in Record DOJ Settlement over Mortgages
JPMorgan Chase has reportedly reached a tentative deal with the Justice Department to pay $13 billion to settle claims over its sale of flawed mortgage-backed … JPMorgan Chase to Pay $13 Billion in Record DOJ Settlement over MortgagesRead more
Bank of America Found Liable for Countrywide Fraud
A federal jury has found Bank of America liable for one count of civil fraud in the sale of toxic mortgages. Prosecutors had accused Bank … Bank of America Found Liable for Countrywide FraudRead more
How Wall Street, Banks Used the 2008 Housing Crash to Get Rich
JUAN GONZÁLEZ: Well, 12 Democratic presidential hopefuls will spar this evening at Otterbein University in Westerville, Ohio, during the fourth official Democratic primary debate. As … How Wall Street, Banks Used the 2008 Housing Crash to Get RichRead more
Andhbhakts – all of you are on the road to perdition
PMC Bank: Is Your Money Safe in Banks? | Explained by Dhruv Rathee Hello friends Think about this: First, the government came up with the … Andhbhakts – all of you are on the road to perditionRead more
Why Did Argentina Impose Capital Controls?
On September 1, 2019, Argentine President Mauricio Macri imposed capital controls on the foreign exchange market to help control the depreciating peso and counter the … Why Did Argentina Impose Capital Controls?Read more
Congress Passes Sweeping Bill to Roll Back Dodd-Frank Act Regulations
On Capitol Hill, Congress passed sweeping legislation to exempt thousands of banks from key regulations in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection … Congress Passes Sweeping Bill to Roll Back Dodd-Frank Act RegulationsRead more
Financial Regulators Slated to Roll Back Volcker Rule
the Federal Reserve and banking regulators are slated to roll back the Volcker Rule, a key financial regulation enacted after the 2008 financial crisis. The … Financial Regulators Slated to Roll Back Volcker RuleRead more
Fed Continues $85 Billion Stimulus Purchases
The Federal Reserve has announced plans to continue its economic stimulus program indefinitely. Under a policy called “quantitative easing,” the Fed is spending $85 billion … Fed Continues $85 Billion Stimulus PurchasesRead more
Inequality Widened During Post-Recession Period
New figures show inequality has sharply widened in the two-year recovery following the period known as the Great Recession. According to the Pew Research Center, … Inequality Widened During Post-Recession PeriodRead more