by Alan Pyke Posted on April 11, 2014
Detroit will pay banks 31 cents on the dollar to cancel the deals that bankrupted the city in the first place, leaving retirees vulnerable.
by Alan Pyke Posted on April 7, 2014
After helping Americans dodge the tax man for years, Credit Suisse is now cooperating with prosecutors and may have to plead guilty to criminal charges.
by Alan Pyke Posted on March 27, 2014
Citigroup failed its second "stress test" in three years on Wednesday thanks to shoddy internal processes.
by Bryce Covert Posted on March 26, 2014
The country's largest banks get an edge over their smaller counterparts.
by Alan Pyke Posted on March 25, 2014
Most people who use payday loans pay them back quickly, but the industry's profits rely entirely on those who get trapped in debt.
by Alan Pyke Posted on March 20, 2014
Banks have met their obligations under the National Mortgage Settlement, but few families got the relief they were promised.
by Bryce Covert Posted on March 17, 2014
An audit of the Department of Justice's efforts to go after Wall Street for mortgage fraud turns up lots of disappointments.
by Alan Pyke Posted on March 13, 2014
A Wells Fargo instructional manual allegedly showed staff how to falsify documents and create missing ones that the bank needed for foreclosures.
by Alan Pyke Posted on March 4, 2014
Detroit is trying to pay two giant banks just 30 cents on the dollar, and the banks see this as good news.
by Alan Pyke Posted on March 1, 2014
Only 15 states prohibit high-interest payday loans, and that could fall to 14 if a pair of Pennsylania Republicans get their way.