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Reform reading: Fed reveals details about $3 trillion in emergency loans

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law....

Boiler rooms, foreclosure mills: The story of America’s mortgage industry

By Michael Hudson

The news about the nation’s foreclosure scandal has been coming fast and furious, driven by tales of backdated documents, false affidavits a

Fed loophole lets lenders keep using college logos to pitch student loans

By Cezary Podkul

Fed loophole lets lenders keep using college logos to pitch student loans

Excerpts from this story referencing "Loan":

"… s college, directs students to an ad for the “Grove City College Student Loan.'' The ad, which resides on PNC Financial Services Group's website, promin …"

"… Just below the greeting, PNC discloses: “The Grove City College Student Loan is not being offered or made by Grove City, but by PNC Bank, National Asso …"

"… lobbyist and general counsel for the National Council of Higher Education Loan Programs, which represents lenders, Loan servicers, collection agencies, a …"

"… ons for the lender,” Winfield Crigler, executive director of the Student Loan Servicing Alliance, said in an e-mail obtained through a Freedom of Inform …"

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Education Department pulls student debt collectors guide off website

By Ariel Wittenberg

Students who defaulted on a college loan have one less tool to help them negotiate with collections agencies now that the U.S. Education Dep

Analysis — The insurers’ real agenda for change

By Wendell Potter

Former executive says big firms don't want reform law repealed, but they do want to strip key regulations and consumer protections....

SEC extracts fines, but not confessions

Federal judge scolds SEC for routinely letting businesses and executives settle civil lawsuits without admitting any guilt....
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Bankers, consumer groups clash over IRS plan to crack down on foreign tax cheats

By Michael Hudson

US banks say they shouldn't have to report foreign deposits

Excerpts from this story referencing "business":

"… orate Transparency Coalition, which describes itself as a network of small business, consumer, grass-roots, financial policy, faith-based, labor and governmen …"

Cigarette smuggler arrested, released in Paraguay

By Marcelo Soares

Roque Fabiano da Silveira, profiled in the 2009 ICIJ series Tobacco Underground, has another encounter with the cops and courts....

Investigations around the world

By Simona Raetz

Stories from the Balkans, Tanzania and the United States.

TARP helped stabilize financial institutions, but future success questioned

By Laurel Adams

The government’s Troubled Asset Relief Program, established to stabilize weak financial institutions, faces challenges in getting repayments

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