Labor Day is traditionally a time for picnics and parades. But this year is no picnic for American workers, and a protest march would be more appropriate than a parade.Not only are 25 million unemployed or underemployed, but American companies continue to cut wages and benefits.
The problem of shoddy mortgage paperwork, which comprises several shortcuts known collectively as ''robo-signing,'' led the nation's largest banks, including Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., and other lenders to temporarily halt foreclosure …
HSH Nordbank AG sued JPMorgan Chase & Co.
According to the suit, borrowers were duped into unaffordable loans and then victimized again through a misleading mortgage modification program that homeowners tried to use to avoid foreclosure.
Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter. Bank of America shares fell more than …
Economists were expecting employers to add between 70,000 and 90,000, a number that would have left the nation's unemployment rate at 9.1 percent -- but the nation's nonfarm payroll was flat.
The Federal Housing Finance Agency accuses the banks of misrepresenting the quality of mortgages packaged to Fannie Mae and Freddie Mac during the robust housing market.
ON June 25, 2010, Frederick Deare punched out for the last time from his job driving a forklift at the Old London factory in the Bronx.
“Have you left no sense of decency?” That’s the question Joseph Welch famously asked Joseph McCarthy, as the red-baiting demagogue tried to ruin yet another innocent citizen.
I went searching for cartoons that actually make me laugh but have the truth included. I hope you all enjoy them and laugh at what we as a nation have become....
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