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11 Sep 2009, 7:35 am
He has already sued one collection agency, National Enterprise Systems, over some of these practices. [read post]
10 Sep 2009, 4:50 pm
How would a revised consumer regulatory structure relate to other proposals for tightened controls in the larger financial markets Almost forty years ago, the National Commission on Consumer Finance recommended creation of a federal "Consumer Credit Czar. [read post]
10 Sep 2009, 1:09 am
Diamond mining and car manufacturing and investment banking may make more money, but that doesn't mean there isn't a huge social cost to giving profit-maximizing corporations sole jurisdiction to decide who gets what health care. [read post]
9 Sep 2009, 7:50 pm
This article by me was first published in Retail Banking Review. [read post]
9 Sep 2009, 8:04 am
"Mervyn King agreed £16million of bonuses for Bank of England staff over three years - Telegraph.co.uk 27/08/09"Figures obtained by The Daily Telegraph under the Freedom of Information Act show that Mr. [read post]
8 Sep 2009, 5:15 pm
Countrywide, now owned by Bank of America, is too far removed at this point. [read post]
8 Sep 2009, 10:12 am
Yet the Bank can enhance the legitimacy of its programs by including NGOs. [read post]
7 Sep 2009, 7:37 pm
If you exclude the ILCS (a big exclusion), Utah has the highest ratio of non-performing assets to capital in the nation. [read post]
6 Sep 2009, 11:55 am
• A report issued by the American Bankruptcy Institute and National Bankruptcy Center noted that there had been 922,000 consumer bankruptcy filings through the end of August and estimated that consumer filings could reach 1,400,000 this year. [read post]
2 Sep 2009, 7:20 pm
Another thing that struck me was how well supported these banks are when compared to Mastodons like Citibank and Bank of America, whose parent corporations have required oodles of cash from Uncle Sam to keep on ticking, in order to keep paying fat bonuses to their investment bankers and to keep raising the fees on their consumer credit cards. [read post]
2 Sep 2009, 4:08 pm
Nonetheless, Bank of America's decision is good news for consumers. [read post]
2 Sep 2009, 12:19 am
She supports Obama's plan for a consumer financial protection agency that would be regulate the consumer side of banking, but opposes consolidation of the other regulatory functions. [read post]
1 Sep 2009, 10:52 am
And there is even much too little time to write about the all-consuming Madoff mess. [read post]
1 Sep 2009, 1:24 am
The plaintiffs alleged violations of the Telephone Consumer Protection Act, under which a fax advertisement may be sent only with the recipient's permission or if there's an existing business relationship. [read post]
31 Aug 2009, 6:04 am
Morgan Chase, Bank of America and Wells Fargo were each allowed to hold more than 10 percent of the nation's deposits despite a rule barring such a practice. [read post]
30 Aug 2009, 7:00 pm
If the FDIC's rationale for the adoption of the latest policy is correct, there is no reason that the policy should not extend to de novo FRB-member, state-chartered banks, as well as to national banks and federal savings banks. [read post]
28 Aug 2009, 4:37 am
Bank of America has dropped its arbitration requirement for all consumer transactions (auto, credit cards, banking). 5. [read post]
27 Aug 2009, 12:46 pm
It was the cutoff of future claims that was the main complaint, according to lawyers involved, of these five consumer groups: the Center for Auto Safety, Consumer Action, Consumers for Auto Reliability and Safety, National Association of Consumer Advocates, and Public Citizen. [read post]
26 Aug 2009, 2:52 pm
Several powerful lobbying groups for the banking industry paid congressional representatives nearly $300,000 in the days before and after they voted this year on an important consumer-friendly credit card bill that the banking industry strongly opposed. [read post]
16 Aug 2009, 10:16 am
Bank of America announced the change covers the company's credit cards, consumer RV and marine loans, and banking customers. [read post]
