New EPA Lawsuit Policy Advances Trump’s Deregulatory Agenda
Trump deregulatory agenda advances, via agency decisions, and a new EPA lawsuit policy to stymie regulation by litigation.
Read more...Category Archives: Banking industry
The Nation Depicts a Mortgage Vulture Who Foreclosed on Homeowners as an FDR-Like Hero To Demonize Chase When It Was Actually Helping Homeowners
The Nation and author David Dayen lionize a mortgage vulture, telling a story as wrong as it is possible to be in its thesis and details.
Read more...Falling Pound Might Not Bring UK Trade Balance Boost
More confirmation that a cheaper pound won’t help the UK’s trade balance.
Read more...Student Loans: Teacher Horror Story a Reminder of Failure to Fix Broken Servicing Model
Democrats fiddle as lousy servicing of student loans further harm borrowers.
Read more...Michael Hudson: Socialism, Land and Banking: 2017 Compared to 1917
Why did socialism lose out in the 20th century to rentiers promoting neoliberalism?
Read more...CFPB Issues Payday Lending Rule: Will it Hold, as the Empire Will Strike Back
How big a victory is the CFPB’s new payday lending rule for consumers of financial services? And will it hold– as the industry fights back.
Read more...Biometric ID Fairy: A Misguided Response to the Equifax Mess that Will Only Enrich Cybersecurity Grifters and Strengthen the Surveillance State
Surrendering biometric information and fancy technology provide no panacea for the problems revealed by the Equifax hack.
Read more...Catalonia: Puigdemont Promises Secession in Days as King Censures Officials Acting Outside the Law
Gaming out possible moves by Spain if Catalonia proceeds with its secession plan.
Read more...Trump Says Puerto Rico Debt Needs to be Wiped Out
Trump speaks an inconvenient truth about Puerto Rico. How long before his minders walk it back?
Read more...Occupy the SEC Calls Out Regulator’s Absurd Push to Neuter Volcker Rule
Occupy SEC calls out OCC nonsense on need to reform– gut– the Volcker Rule’s proprietary trading limits for TBTF banks. Will anyone listen?
Read more...Gaius Publius: Obama Follows Clinton, Boards the Millionaire Speech Train to Wall Street
Like Bill Clinton before him, ex-President Barack Obama has boarded the Wall Street-financed train to millionaire riches.
Read more...Too Big To Fail Banks: “The Robotics Are Coming!” Really?
More and more bank CEOs tout robotics as the answer for the industry’s precarious cost position. But will it promise more than it delivers?
Read more...From Credit Risk to Pipeline Risk: Why Loan Syndication is a Risky Business
How pipeline risk poses a danger to banks even in an “originate to distribute” business like loan syndication.
Read more...How US Regulators Created the Equifax Mess
How regulators made credit bureaus like Equifax powerful, and why banks could live without them if they needed to.
Read more...Bill Black: Is Politico or Third Way More Divorced from Reality?
The Third Way confirms that the Dems care more about beating back the Sanders/pro middle class faction than winning.
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