Banking inconvenience is scaling to new heights in New Mexico and across the country as Bank of America and Wells Fargo plan to roll out separate monthly debit card usage fees. In New Mexico and in four other states, Wells Fargo will pilot a usage fee of $3 a month More…
The Democratic Congressional Campaign Committee is gunning for Colorado Freshman Representative Cory Gardner with a bold gas-station advertising campaign that highlights his votes in support of oil industry tax breaks and deregulation, on one side, and his votes to prune Medicare, on the other.
Five top U.S. corporations racked up millions in profits last year and paid no federal taxes. They spent money instead on political campaigns and it was money well spent. Over the last decade, Bank of America, Boeing, Chevron, ExxonMobil and General Electric handed out $78.7 million to state political campaigns More…
Early this morning, Internet group Anonymous, an online forum that has of late sought to position itself as a political force of hackers and whistleblowers, released a series of emails leaked by a former Bank of America employee. In a statement to Anonymous, the former loan processor alleged that there More…
Rep. Keith Ellison told ThinkProgress on Friday that former Gov. Tim Pawlenty is interested in making sure the David Kochs of the world have their way and that Pawlenty has no connections to his blue collar upbringing. Earlier in the week, ThinkProgress asked Pawlenty about corporations such as Back of More…
James Jones has spent the past five years trying to prevent foreclosures in Cleveland. Recently, his work as director of foreclosure prevention at the East Side Organizing Project, a community organizing group dedicated to improving neighborhood life in the city, has focused on targeting predatory lenders and trying to prevent More…
Breaking news, from Zero Hedge:
As we expected when we reported that the Delaware AG got into the foreclosure fray (Delaware not being a judicial state), it was only a matter of time before foreclosures would be halted in all 50 states. Sure enough, Diana Olick has just reported
This afternoon, Sen. Harry Reid (D-Nev.), the majority leader, released the text of a letter he sent to mortgage servicers in Nevada, asking them to stop foreclosing on homes until the legal fiasco around botched foreclosure documents is cleared up. Here is the full text:
I write to request that
Soon, I’ll be up with a piece looking more closely at the foreclosure fraud scandal engulfing the country. But for those not following carefully, here’s a recap.
Last month, Ally Financial, formerly known as GMAC, suspended evictions in 23 states after revealing that employees had submitted faulty affidavits when foreclosing More…
On Monday, with Sen. Harry Reid (D-Nev.) promising a final vote on financial regulatory reform in the next few days, rather than weeks, thousands descended on K Street in Washington, D.C., to lobby the lobbyists.
[Economy1] The union giants SEIU and AFL-CIO as well as community organizing umbrella group National More…
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