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13 Aug 2007, 8:43 pm
According to people like Chuck Schumer, Hillary Clinton, Chris Dodd and Barney Frank, borrowers are too easily manipulated by diabolically clever, and evil, lenders to be able to protect themselves, so Congress and/or the banking regulators must step in to protect consumers from lenders "doing a bunch of junk" to them. [read post]
7 Aug 2007, 10:27 am
IB readers may recall our post a few weeks ago, when we reported on the incredibly poor job Anthem had done regarding continuation of coverage, and refund of premiums, following the death of an insured.I am delighted to report that I just got off the phone with "Ethel," who informed me that she had just been notified by her bank that all the funds had, indeed, been deposited into her account.We were both quite pleased to be able to put this behind us, and she expressed her… [read post]
6 Aug 2007, 10:40 am
They have their own schools and banks. [read post]
5 Aug 2007, 5:15 am
Senator Dodd, the Chair of the Senate Banking Committee, has signaled that he too many join the fray. [read post]
3 Aug 2007, 4:53 am
Frank Corte from San Antonio is the man who ramrodded this bad idea through the legislative process in 2005, so be sure to thank him for the subsequent wasted tax dollars and loss of personal privacy. [read post]
31 Jul 2007, 6:05 am
(No. 06-43), the Court is slated to determine whether non-speaking actors, such as investment banks and auditors, that knowingly commit securities fraud can be held liable for their actions. [read post]
30 Jul 2007, 8:39 pm
Frank said. [read post]
28 Jul 2007, 9:32 am
Defendant-Appellant Blake Wilms ("Wilms") appeals his sentence of sixty-three months in prison following his plea of guilty to four counts of bank robbery and one count of attempted bank robbery. [read post]
23 Jul 2007, 11:00 am
" It's bad enough that this poor woman has lost her husband, but to be constantly reminded of it (every time she checks her quickly diminishing bank balance) is unconscionable. [read post]
21 Jul 2007, 12:08 am
Ted Frank at Overlawyered reports that he has to refund at least $35M (plus interest) to his breast implant clients. [read post]
18 Jul 2007, 9:20 am
Barney Frank, the Massachusetts Democrat who heads the Financial Services panel, wants to pass legislation by the end of 2007 to deal with the subprime crisis and predatory lending. [read post]
11 Jul 2007, 8:27 pm
The OTS already has briefed Capitol Hill staff and banking-industry officials on the plan, which is in the preliminary stages and would first be released for public review and comment. [read post]
8 Jul 2007, 8:40 pm
Political theater, then, for the purpose of appeasing the Barney Franks, Chris Dolts, and Chuckles Schumers. [read post]
3 Jul 2007, 6:25 am
*A judge of the Housing Part of the Civil Court of the City New York, found the testimony to be "frank, forthcoming and credible," and ultimately found in Jane's favor and ended the landlord's eviction proceeding. [read post]
2 Jul 2007, 9:48 am
Wachovia Bank, No. 05-1342. [read post]
1 Jul 2007, 8:10 pm
It worked with Barney Frank, at least. [read post]
29 Jun 2007, 10:04 am
Frank noted, according to the Associated Press. [read post]
25 Jun 2007, 1:32 pm
The outcome could determine whether victims of the Enron scandal can proceed with a $40 billion lawsuit against investment banks that enabled Enron’s massive fraud. [read post]
22 Jun 2007, 3:40 am
Morgenthau, District Attorney, New York (Frank Glaser of counsel), for respondent. [read post]
22 Jun 2007, 1:31 am
Morgenthau, District Attorney, New York (Frank Glaser of counsel), for respondent. [read post]