Deutsche Bank is set to pay $7.2 billion in fines over its role in the U.S. housing market collapse, in a tentative settlement with the … Deutsche Bank Announces $7.2 Billion Settlement on Toxic MortgagesRead more
USA
Democratic Party can be reformed
Cornel West talking: I think there’s going to be a lot of different responses. I have a deep love and respect for brother Bernie Sanders. … Democratic Party can be reformedRead more
More Thoughts on Trump’s $1 Trillion Infrastructure Plan
To stimulate the economy, create new jobs and generate new GDP requires an injection of new money. Borrowing from the bond markets or off-balance-sheet in … More Thoughts on Trump’s $1 Trillion Infrastructure PlanRead more
Profiteers of the Great Foreclosure Machine—Go to Washington
In my book Chain of Title, I refer to the collection of lenders, mortgage-servicing companies, third-party document processors, foreclosure-mill law firms, and trustee banks as … Profiteers of the Great Foreclosure Machine—Go to WashingtonRead more
Bankers Behind “Great Foreclosure Machine”
two of Donald Trump’s Cabinet picks: Steven Mnuchin for treasury secretary and Wilbur Ross for commerce secretary. Mnuchin has deep ties to Wall Street, including … Bankers Behind “Great Foreclosure Machine”Read more
Trump Ponders Petraeus for Senior Job
The news that President-elect Donald Trump called in disgraced retired Gen. David Petraeus for a job interview as possible Secretary of State tests whether Trump’s … Trump Ponders Petraeus for Senior JobRead more
American Elections Will Be Hacked
It’s over. The voting went smoothly. As of the time of writing, there are no serious fraud allegations, nor credible evidence that anyone hacked the … American Elections Will Be HackedRead more
Trump Business Conflicts
Robert Weissman talking: unprecedented in American history. And it’s plain enough that the president-elect doesn’t really care about it. He has a global business empire, … Trump Business ConflictsRead more
Govern Yourself Godd*mnit
Lawrence Lessig kicks off the Democracy Spring march from Philly to DC.