Justice Department lawyers, listen up: Fraud is only fraud if the perpetrator intends to commit fraud.
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Yes, Proof Is Required
Tag Archives: Bank of America
Courts Crack Down On ‘Zombie’ Debts
It’s a banking horror show: consumers haunted by ‘zombie’ debts that were discharged in bankruptcy.
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Nothing Ventured, Plenty Lost
Bankers avoid risk at all costs, as the bank-hoovering-industrial-complex tallies fines and scalps.
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Getting Banks Back Into Banking
The economy suffers when banks concentrate on collecting fees rather than deposits, and on making trades rather than loans.
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Congressional Kangaroos Hold Court
The kangaroos are holding court on Capitol Hill, where a House committee suspects Federal Reserve Chairman Ben Bernanke of preventing …
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More Financial Fraud That Wasn’t
The Justice Department’s attempts to prove malfeasance in the mortgage finance crisis once again come up empty.
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