pt banksters
Amercia, Where You Are Free to Take On Crushing Lifelong Debt
Wonketteers are all latte-drinking Prius-driving libruls, so they are all probably avid New York Times readers who are very familiar with the Times’ ongoing series on income inequality, “The Great Divide.” But just in case! Today’s installment is a cheery essay by Joseph Stiglitz, titled “Student Debt and the Crushing of the American Dream.” Doesn’t [...]
Banks ‘Pleased’ To Be Paying Pittance To Poors Whose Homes They Stole
Remember that elderly disabled veteran that Wells Fargo wrongfully foreclosed on and then billed to death over a typo? Well too bad he dropped dead in court, because he otherwise would have (maybe) been entitled to a cool $300 – $1000 to compensate him for his time and inconvenience. No, really: this is what his [...]
Banks Might Like White Men Just as Much as the GOP Does
Are you STILL capable of being surprised by structural inequality, including but not limited to women and minorities’ inability to take advantage of various financial opportunities? Eh, us neither, we are used to it by now, but just in case we accidentally become inoculated, let us learn about the current instantiation of redlining in Chicago.
Banks Joining Up With Payday Lenders To Find Creative Ways To Screw Poors
Hello, are you interested in hearing something horrible about banks? Of course you are, big banks are possibly one of the worst things that have happened to the American people in the last decade or so, which is why you will not be surprised to learn that they have started partnering with small, internet-based payday [...]
Bernie Sanders Will Pogrom Capitalism By Not Letting Banks Regulate Themselves
Hey remember when you lost your job and all your assets, or maybe took on tens of thousands dollars in school loans so you could pay for an education that would help you get a part-time job in retail? Remember that? That was fun, right? As you claw your way out of the hole created [...]
If You Liked Too Big To Fail, You Will Love Too Big To Indict
Did you know that there is now such a thing as “too big to indict”? This generally refers to institutions that are so big and so central to the entire economy of the whole world that there is nothing anyone can do to punish criminal activity and specifically refers to HSBC, a multinational banking conglomerate [...]
In Shocking Move, Banks Pocket Cash Meant For Homeowners
In a move that your Wonkette finds SHOCKING, just SHOCKING, major banks have decided not to lower home loan interest rates for customers, even though the federal funds rate is hovering at around zero and banks are making a killing on mortgages. JPMorgan Chase and Wells Fargo, the nation’s largest mortgage lenders, said Friday they [...]
Wells Fargo Even Sorrier After Second Time It Foreclosed on Wrong House
Remember that nice couple we told you about last week — the Tjosaas family, whose home in Twenty-Nine Palms was “accidentally” foreclosed upon by Wells Fargo even though the couple didn’t even have a mortgage? Turns out: this was the SECOND TIME that Wells Fargo had “accidentally” foreclosed on that house by mistake, but it’s [...]
Wells Fargo Accidentally Forecloses on Wrong House, Throws Away Couple’s Precious Memories
Hello, would you like to hear a heartwarming story about banks? Oh good, because last week, a bank accidentally foreclosed on the wrong house and a nice middle aged couple lost everything that wasn’t nailed down and can never get it back, ever again. Sorry, precious memories, about going to the wrong address and all. [...]
JP Morgan Exec Given Parting Gift of $21.5 Million After Overseeing $9 Billion Loss
Being in the upper echelons of management at a bank must be better than being a rock star, really, because no matter what you do, people will still fall all over themselves to fellate you and shower you with cash. Like, for example, the billions and billions of dollars that the government gives to JP [...]
Who Will Rescue the Banks From these Anti-American Assaults on Their Freedom?
Remember a long, long time ago, WAY back, when the economy was ruined, possibly forever, along with life as we know it? Remember how this was all caused by a handful of banks but then this somehow got turned around and blamed on bunch of Poors? And then, remember how we gave them a bunch of money [...]
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