Brooklyn Boxing Coach Kicks Wall Street Where it Hurts [Video]

by Jorge Rivas on May 23 2012, 4:02PM

Meet Eric Kelly, a four-time National Amateur Boxing champion and two-time NYC Golden Glove tournament winner, who isn’t afraid of anyone, even Wall Street dudes.

Topics: Economy, /NOW Blog

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The Street Corner Wisdom of Foreclosure Fraud: It Wasn’t Me

by Kai Wright on February 16 2012, 9:18AM

The San Francisco County assessor released an audit suggesting that many more demonstrable crimes were committed during the foreclosure bust than we once thought. That’s not a quirk. It’s rampant lawlessness. And it’s by design.

Topics: Economy, Kai Wright

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Obama Skips GOP, Appoints Consumer Watchdog Cordray

by Jorge Rivas on January 4 2012, 1:14PM

The Consumer Financial Protection Bureau is the sole reform to come out of the financial crisis that aims to deal with that fact.

Topics: Economy, /NOW Blog

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Here’s to Occupying Wall Street! (If Only That Were Actually Happening)

by Kai Wright on October 3 2011, 10:05AM

The Occupy Wall Street movement is building steam as protestors battle with NYPD over the right to peaceful assembly. That’s great, but the crisis at hand—crippling economic inequity—is once again lost in the din.

Topics: #Occupy, Economy, Kai Wright

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It’s Time to Lift the Debt Burden Wall Street Loaded Onto Our Backs

by Kai Wright on July 21 2011, 9:30AM

Banks have spent tens of millions trying to protect a predatory financial industry from accountability. There could be no more essential fight than making sure they don’t get their money’s worth.

Topics: Debt Deal, Economy, Kai Wright

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What Obama’s Elizabeth Warren Retreat Says About His Power Problem

by Kai Wright on July 19 2011, 11:47AM

Warren’s had the two most important qualifications for the consumer protection job: power and influence. But the president likes to give away both, and so banks got their way, again.

Topics: Economy, Kai Wright

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Ohio Homeowners Storm Chase Shareholders Meeting

by Asraa Mustufa on May 18 2011, 12:41PM

Dozens testified demanding accountability for Chase’s lending. The bank has rejected more modification applications than Bank of America and Wells Fargo combined.

Topics: Economy

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Report: Payday Lenders Swarming Black and Latino Neighborhoods

by Rinku Sen on February 17 2011, 1:40PM

Midwestern black and Latino ‘hoods have three times the number of high-priced, quick loan shops as white ones.

Topics: Rinku Sen

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Will Banks Be Held Accountable to Communities? [Video]

by Kai Wright on May 3 2010, 10:41AM

Last week, Senate Democrats managed to get their financial reform bill past the Republican blockade. Floor debate on the bill, which would create a consumer protection bureau inside the Federal Reserve, will move forward this week, and the Senate’s…

Topics: Economy

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