Banks
City of Baltimore charges Wells Fargo with racist lending practices
June 8, 2009Charges of premeditated racist discrimination by the nation's top banks were given additional boost by the city of Baltimore which filed affidavits recently in a suit against Well Fargo for steering minorities to purchase sub-prime loans....
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Congress to cap interest rates on consumer loans
June 7, 2009Congress is considering passing a bill that will cap interest rates on consumer loans at 36 percent to prevent lenders from taking advantage of people who rely on these kinds of loans to meet basic needs...
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Hundreds rally at Bank of America to stop home foreclosures
May 19, 2009CHICAGO – Elia Santana lives here on the southwest side with her husband, four children and mother. In January 2008 Santana’s father passed away putting an emotional and financial strain on her family.
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News Analysis: U.S. financial stability plan fails to thaw market
February 11, 2009U.S. President Barack Obama's administration on Tuesday unveiled its long-expected reshaped financial rescue plan.
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Corporate reparations and transgenerational trauma
June 17, 2005It’s admirable that Wachovia Corp., the nation’s fourth largest bank, under pressure from the cities of Philadelphia, Chicago and Los Angeles, finally revealed and apologized for their role in the heinous transatlantic slave trade. (“Wachovia finds...
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