Big Banks Hit with Monster $250 Billion Lawsuit in Housing Crisis

Investors led by BlackRock, the world’s largest asset manager, and PIMCO, the world’s largest bond-fund manager, have sued some of the world’s largest banks for breach of fiduciary duty.

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Threatening Eminent Domain, New York City Coalition Challenges Wall Street Over Foreclosures

Politicians and activists want the city to wrest underwater mortgages from obstructionist investors and lenders and reset them at current market values – much like the strategy employed in Richmond, Calif.

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Blood On Bankers' Hands As More than 10,000 Suicides Attributed to Great Recession

Researchers in London and Oxford suggest sprawling numbers of suicides in Europe and North America are linked to the severe economic downturn brought on by the 2008 financial crisis.

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Protesters Converge on Bank of America and Wells Fargo Shareholder Meetings

Protesters chanted slogans outside the Bank of America shareholder meeting Wednesday, under the watchful gaze of Charlotte-Mecklenburg Police, private security and members of the media, who far outnumbered them.

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Wall Street Landlords Gamed the Foreclosure Crisis – And Now Occupy Our Homes

Faceless hedge funds and nameless investors are replacing landlords in many low-income and foreclosed-on neighborhoods — often with disastrous consequences.

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A Sharing Economy Is Growing In Spain – with Tax Resistance and Economic Disobedience

Spanish tax resisters and activists from the 15M movement have joined forces to organize a sharing economy network – and to nourish it with redirected taxes.

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When Predatory Equity Hit the Big Apple – And What It Tells Us About the Future

Things are heating up inside Wall Street’s new rental empire.

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The Bailout Next Time: Making the Bankers Squeal

During the financial crisis, the losses were so severe that every major investment bank on Wall Street should have collapsed. Will we learn from the corporate-government heist that enabled them to survive?

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Why Richmond’s Plan to Rescue Homeowners Could Reshape the Mortgage Lending Industry

Once this city uses eminent domain to seize and refinance underwater homes belonging to Wall Street banks, towns nationwide will hurry to replicate the success.

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Lawsuit Alleges Wells Fargo Systematically Fabricated Foreclosure Docs

A federal lawsuit may have unearthed a smoking gun about systematic document fabrication at Wells Fargo.

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