Tag: bank reform

GOP Congressman Trott questions why mortgage fraud settlement funds went to community groups instead of bankers

GOP Congressman Trott questions why mortgage fraud settlement funds went to community groups instead of bankers

In 2013, the U.S. Department of Justice reached a settlement with the giant mortgage bank JP Morgan Chase after they were found to have engaged in fraud that seriously harmed homeowners across the country, many of whom lost their homes entirely. Part of $13 billion settlement – and similar settlements with Citigroup, Wells Fargo, and Bank of America – included […]

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Of petards, Republicans and hoisting

Or maybe I should call this “Of chickens and Republicans and roosting”. From the Associated Press comes this article today: Republicans suffering for 2008 bank bailout vote: Some of Congress’ staunchest conservatives voted two years ago to prop up the nation’s banking industry. At the time, they saw a threat to American business. Now the emergency is their own political […]

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The Luntz pwnage and Democrats’ next steps

After my diary about the epic Frank Luntz fail spent most of the day at the top of the Rec List yesterday, I emailed Countdown with Keith to bring it to their attention. It seemed to fit in nicely with their segment about Luntz from the day before. Sure enough, they picked it up and it was the subject of […]

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