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LOOPHOLE FOR FOREIGN BANKS MAY CLOSE | For three years, overseas banks like Barclays, Deutsche Bank and Credit Suisse have not had to comply with parts of the Dodd-Frank Act, which aims to limit banks' potential losses on loans and trades, simply

Bailed-out banks issued riskier loans
issued riskier loans. ( —Banks that received federal bailout money approved riskier loans and shifted capital toward risky investments, according to a University of Michigan researcher. TARP banks shifted their credit origination

DETROIT BANKRUPTCY SHOCK: JUDGE SHOOTS DOWN BANKS PAY-OFF He said the swaps proposal could not be looked at without putting it in the broader context that the banks involved were among those which caused the global financial collapse of 2008, largely through subprime predatory lending policies. The federal

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Email - - Phone 2488227121. The economy is in a slump, the housing market is collapsed. Best time to buy is now, but ...

Trump is systematically backing off consumer protections, to the ...

President Trump and the regulators he appointed are taking a far less aggressive approach to consumer protection than their predecessors, delaying key regulations and imposing fewer penalties against financial institutions and other corporations accused of wrongdoing, according to a Washington Post review of available data and interviews with consumer advocates and government officials.

At the Consumer Financial Protection Bureau, for example, enforcement actions have dropped from an average of three-to-five each month during the past four years down to zero since a Trump appointee took charge of the agency in late November.

The Labor Department has delayed full implementation of a rule requiring financial advisers to act in their clients’ best interest.

And the Department of Education has withdrawn Obama-era regulations meant to strengthen protections for student borrowers.

The new approach — welcomed by banks and business leaders — has alarmed consumer advocates who fear it gives an advantage to Wall Street and other powerful industries while leaving ordinary Americans more susceptible to fraud, discrimination and predatory lending.

Billionaires Club: 11 From Michigan Make Exclusive Forbes List ...

Grocery store operators – and brothers – Hank and Doug Meijer made the list. So did Quicken Loans founder and Cleveland Cavaliers owner Dan Gilbert. Amway founder Richard DeVos and Little Caesars heiress Marian Ilitch are there, too.

They're among the billionaires from Michigan who have been included in the Forbes list of billionaires released Tuesday. At the top of the list is Jeff Bezos, who dethroned fellow Seattle-area billionaire Bill Gates. Gates, the co-founder of Microsoft, has lost the top spot for only the sixth time since 1995. Among the elite club of billionaires on the 32nd annual list, 11 of them have Michigan ties.

The 2018 list has 2,208 members from 72 countries. With 585 Americans on the list, the United States leads the way with the most number of billionaires in the world, followed by China with 373 billionaires. The U.S. also had 18 newcomers featured on the 2018 list.

According to Forbes, Bezos is the first centi-billionaire at the top of the list, meaning he has a fortune of over a $100 billion. Forbes explains just how much wealth these billionaires have, being worth a combined $9.1 trillion. The top 20 people on the list alone are worth $1.2 trillion, 13 percent of the total fortune of all billionaires worldwide.

In 2002, why did Bush order 440 BILLION in subprime loans from fannie mae/freddie mac?

Here is the video...go to the 4 minute mark to hear him say it. S8

Here is the offical white house text of that speech he gave in atlanta on june 17, 2002.

Because the Tea Party only cares about their so called bogus "cause" when it's not a Republican. How many millions of republicans supported Bush during those times, how many republican politicians supported Bush during those times.