Shiela! There you are! Where the heck have you been girl? Last I heard, Hank Paulson sent you for coffee, and you’ve been standing in Geithner’s shadow ever since. It’s about damn time, girl! ... (Continue reading)
In some cases, banks are attempting to renegotiate or modify their loans. For example, Midwest Banc Holdings offered to swap $84.8 million in preferred shares issued under the TARP program for $15.5 million in common shares, but that would... (Continue reading)
Beth Jacobson says that she and fellow loan officers at Wells Fargo Bank systematically singled out blacks in and around Baltimore in order to sell them high-interest sub-prime mortgages, whether they would have qualified for prime loans or not. ... (Continue reading)