Large Bank Mergers Since 1990 This is how the U.S. banking monopoly was created after more than two decades of unbridled bank mergers endorsed, and in some cases, encouraged the by the OCC, the FDIC, the FTC and the elimination of Glass-Steagall. Click HERE To See A Larger Image The economy should work for Americans, not just… Continue reading Too Big To Fail Banks Were Orchestrated
President Obama's top housing official said Wednesday that lenders are within their rights to resume foreclosures this month despite allegations that they erred in processing documents. But he said the banks could face fines if found to have broken the law. "They've made a business decision," Shaun Donovan, the secretary of housing and urban development,… Continue reading Obama Told Bankers Today: Its OK To Foreclose On American Citizens Who Bailed You Out!