Fights over tribal payday lenders show challenges of financial reform

By Michael Hudson and David Heath

High-interest payday lenders are teaming up with Native Americans to shield their online businesses from lawsuits and consumer-lending regul

Excerpts from this story referencing "Michael Hudson":

"… screwed over,” he says. “They are not looking to screw others over.”Michael Hudson is a staff writer at the Center for Public Integrity and author of THE MON …"

FactWatch: Fannie and Freddie were followers, not leaders, in mortgage frenzy

By Michael Hudson

Republicans insist that Fannie Mae and Freddie Mac "were the main cause of the nation's current financial turmoil” but a look at the data sh

Excerpts from this story referencing "Michael Hudson":

"… ices who followed Wall Street as it led the nation’s economy off a cliff.Michael Hudson is a staff writer with the Center for Public Integrity and author of The M …"

Bank of America, tech VP clash over money-laundering detection

By Michael Hudson

Bank of America Corp. faces myriad disputes with whistleblowers, state attorneys general, and homeowners after surviving the U.S. financial

Excerpts from this story referencing "Michael Hudson":

"… them develop their cases. We have not been charged with any wrongdoing.”Michael Hudson is a staff writer with the Center for Public Integrity and author of The M …"

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Weekend reading suggestions

By Jeremy Borden

Autumn temperatures are dipping lower this weekend, making it a good time to catch up on reading. ...

Excerpts from this story referencing "Michael Hudson":

"… reading.Next week, of course, we plan to crack open a new book by our own Michael Hudson, The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Flee …"

Will Washington pull the plug on HAMP?

By Michael Hudson

The future of the Obama administration’s troubled $30 billion initiative to bail out beleaguered homeowners is on the line. ...

Excerpts from this story referencing "Michael Hudson":

"… ontrolled Senate and would face a certain veto from President Barack Obama.Michael Hudson is a staff writer at the Center for Public Integrity and author of THE MON …"

Judge orders Quicken Loans to pay $2.7 million award in West Virginia fraud case

By Michael Hudson

A West Virginia judge has slapped online mortgage giant Quicken Loans Inc. with more than $2.7 million in punitive damages and legal costs a

Excerpts from this story referencing "Michael Hudson":

"… s aren’t trained to provide advice, but rather to manipulate and mislead.Michael Hudson is a staff writer at the Center for Public Integrity and author of THE MON …"

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Claims of high-pressure sales, fraud at odds with Quicken Loans’ straight-shooting image

By Michael Hudson

Quicken Loans, the giant mortgage lender founded by Cleveland Cavaliers owner Dan Gilbert, goes on trial Tuesday in Detroit to face allegati

Excerpts from this story referencing "Michael Hudson":

"… elping hand. We’ve been in this home for 35 years. We want to save it.”Michael Hudson is a staff writer at the Center for Public Integrity and author of THE MON …"

Digging deep: Recommended reading about investigative journalism

By Michael Hudson

With the struggles of many old-line news media, it's easy to forget how important real reporting is to informing citizens and defeating the

Excerpts from this story referencing "Michael Hudson":

"… Mollenhoff replied. “Let’s get on with the interview.”New York-based Michael Hudson covers business and finance for ICIJ’s parent organization, the Center f …"

Federal bureaucracy dismisses most Sarbanes-Oxley whistleblower claims

By Michael Hudson

Whistleblower protections passed after the Enron accounting scandal have been largely gutted by the federal bureaucracy responsible for prot

Excerpts from this story referencing "Michael Hudson":

"… w those legal protections get applied is where the rubber hits the road.”Michael Hudson is a staff writer with the Center for Public Integrity and author of the f …"

The end of Lehman, part 3

By Ben Hallman

In Parts 1 and 2 of this series, Michael Hudson wrote about how Lehman was a leader in turning what had been a backwater market for subprime

Excerpts from this story referencing "Michael Hudson":

"… underlying security as collateral. For example, I might give my colleague, Michael Hudson, my bicycle, which is worth $120, in exchange for $100 in cash. I would us …"

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