Tag Archives : banks


In Wake Of Arbitration Report, Consumer Advocates Ask CFPB To Revoke Banks’ “License To Steal” 1

By Chris Morran Consumerist March 11, 2015   In Wake Of Arbitration Report, Consumer Advocates Ask CFPB To Revoke Banks’ “License To Steal”   This morning (3/10/2015), the Consumer Financial Protection Bureau released its final report on forced arbitration, showing how banks and credit card companies use contractual clauses to short-circuit class-action lawsuits from their […]

While fewer than 8% of all banks put arbitration clauses on deposit accounts, those few banks account for nearly half of all insured deposits in the U.S. (source: CFPB)

The Paratroopers of Crony Capitalism (Good piece from the AFL-CIO president, seriously)

By Nick Sorrentino Against Crony Capitalism February 12, 2015   The Paratroopers of Crony Capitalism (Good piece from the AFL-CIO president, seriously)     Strange things happen occasionally. Frogs rain from the sky, ships disappear without a trace in the Bermuda Triangle, rivers flow backward, a union president pens a good article protesting a crony […]

Trumka getting a back massage from Obama.