The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
Bank of America
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Bank Zombie Titles Are Soaring, Hurting Communities and Borrowers
The perverse phenomenon known as “zombie title" — where servicers initiate a foreclosure, evict the borrowers, but then fail to take title to the house — is an abuse that is skyrocketing.
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10 Corporate Tax Dodgers and Their Tax Loopholes
A new report looks at 10 U.S. corporations that used an array of tax loopholes and corporate subsidies to slash their tax bills.
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Winner Takes All: The Super-Priority Status of Derivatives
Derivatives have “super-priority” status in bankruptcy, and Dodd Frank precludes further taxpayer bailouts. In a big derivatives bust, there may be no collateral left for the creditors who are next in line.
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Don’t Blink, or You’ll Miss Another Bailout
A deal involving Bank of America that came to light recently shows how bank bailouts have continued, even if in a much quieter form than in the depths of the financial crisis.
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Cash Hoarding, Tax Evasion and the Corporate Coup
With record-breaking profits and record-low taxes, corporations around the world have been hoarding record-high amounts of cash while finding legal loopholes to pay less, or none, of their taxes.
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Two New Fraud Deals Show Wall Street's Washington Insiders at Work
No more deals. No more negotiations. Not until we’re in the room. Not until we’re seated in the chair, at the table, in the chambers of justice, that have always rightfully belonged to us – and only us.
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Record Mortgage Fraud Litigation Hits Nation's Biggest Banks
Dozens of new claims have been filed dozens of new claims against Bank of America, JPMorgan Chase, Wells Fargo and Citigroup related to more than $1 trillion worth of mortgage-backed securities.
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BofA CEO Pleads Amnesia
Brian Moynihan plays clueless during his long-awaited interrogation.
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Top 10 Tax-Dodging Hypocrites
Time to name and shame the 10 worst tax-dodging hypocrites in America.
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Breaking: Federal Prosecutors Sue Bank of America Over Mortgage Program
Federal prosecutors in New York sued Bank of America on Wednesday, accusing it of carrying out a mortgage scheme that defrauded the government during the depths of the financial crisis.
