Rit Picone of Newpaltz, N.Y., carries an American flag upside down as a symbol of protest as demonstrators aligned with the Occupy Wall Street movement gathered on Capitol Hill in Washington, Tuesday, Jan. 17, 2012, to decry the influence of corporate money in politics. (AP Photo/J. Scott Applewhite)

New Study Revels Members Of Congress Receive Preferential Treatment From Big Banks

Members of Congress who ostensibly oversee Wall Street ‘allegedly received preferential treatments from lenders’

by Deirdre Fulton

New Proposal Allows Consumers To Join Together To Sue Big Banks

The ‘abusive practice… blocks consumers from challenging predatory practices such as hidden fees, fraud and other illegal behavior.’

New Proposal Allows Consumers To Join Together To Sue Big Banks

A new proposal from the U.S. financial watchdog for consumers has been applauded for its ability to help prevent big banks from evading liability for wrongdoing. The Consumer Financial Protection Bureau's proposal, unveiled Thursday, curtails mandatory arbitration clauses in financial products like credit cards, bank accounts, and student loans,

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Too Big To Jail: How Big Banks Get Away With Corruption In America

In this episode of MintPress News’ “Behind the Headline,” host and MPN editor-in-chief talks to Brandon Garrett, author of “Too Big to Jail,” about how the U.S. allows corporate crime to run rampant while cracking down on nonviolent offenders.

Too Big To Jail: How Big Banks Get Away With Corruption In America

https://www.youtube.com/watch?v=bTeXN7n_91A MINNEAPOLIS --- Amid the hustle and bustle of the holiday season, Iceland was busy with more than decking the halls -- it was jailing its bankers for their roles in the 2008 economic crisis. In the wake of the meltdown,  the Nordic island nation

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Mnar Adley

Mnar Adley is founder, CEO and editor in chief of MintPress News, and is also a regular speaker on responsible journalism, sexism, neoconservativism within the media and journalism start-ups. She started her career as an independent multimedia journalist covering Midwest and national politics while focusing on civil liberties and social justice issues posting her reporting and exclusive interviews on her blog MintPress, which she later turned MintPress into the global news source it is today. In 2009, Adley also became the first American woman to wear the hijab to anchor/report the news in American media. Contact Mnar at [email protected] Follow Mnar on Twitter at @mnarmuh

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‘Too Big To Fail’ Banks: Bigger, Badder… and Here To Stay

Dodd-Frank regulations have done little or nothing to diminish systemic threat of large financial institutions as FDIC and Fed regulators say “living wills” are inadequate to avoid repeat of 2008 disaster.

Nearly six years after the financial crisis of 2008 that helped spur a global economic meltdown, federal regulators in the U.S. on Tuesday declared that much-touted reforms designed to curb the threat of so-called 'Too Big To Fail' banks have done not nearly enough to end the prospect that taxpayers will be left holding the bag when the next bubble

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NY Fed Study: ‘Too Big To Fail Banks’ Profit On Taxpayers’ Backs

Federal Reserve study shows that megabanks receiving discounts because of ‘implicit government subsidy’

NY Fed Study: ‘Too Big To Fail Banks’ Profit On Taxpayers’ Backs

Although not news to progressive critics of Wall Street, the Federal Reserve Bank of New York revealed research Tuesday that underscores why "too-big-to-fail" banks are bad for the economy. A study focusing on the five largest banks—JPMorgan Chase, Citigroup, Bank of

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Sen. Warren: Are We Making It Easier For Big Banks To Break The Law?

Warren questions whether current enforcement strategy is any deterrent at all.

Sen. Warren: Are We Making It Easier For Big Banks To Break The Law?

Where's the deterrent for stopping big banks from breaking the law? That was the question posed by Senator Elizabeth Warren (D-Mass.) Thursday at the Senate Banking Committee Hearing, referencing the whopping

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Occupy Movement Soldiers On, Launches Collective Banking Enterprise

Organizers hope the Occupy Money Cooperative will extend financial services to populations who would otherwise be excluded.

Occupy Movement Soldiers On, Launches Collective Banking Enterprise

Roughly 30 million U.S. citizens lack a bank account or have limited access to financial services. Banking fees, minimum account balances and other prohibitive policies have cut off nearly 10 percent of the public from services that most Americans take for granted.

Changing the

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