bank of america

Government To Banks: Why Are You Making Predatory Loans With Taxpayer Money?

Government To Banks: Why Are You Making Predatory Loans With Taxpayer Money?

The bailed-out banks have found a new way to annoy the government, according to the Congressional Oversight Panel, the body named by Congress to oversee the federal bailout. Chair of the committee and friend of the blog, Elizabeth Warren, is concerned that the same people who are subsidizing the banks are being targeted by abusive lending practices, says the Wall Street Journal