Monthly Archives: October 2010

Joining the Climate Hawks

Can I say how happy I am about Dave Robert’s new term, from his post: Introducing ‘climate hawks’? Three backgrounders on me before we get into it. The first is that one of the foundational stories about my extended family growing … Continue reading

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Tim Fernholz on Everything You Ever Wanted to Know About the CFPB

Tim Fernholz of The American Prospect and New America has written Everything You Ever Wanted to Know About the CFPB (pdf).   Here’s how it starts: The CFPB’s objective is straightforward: To create access for all types of consumers to … Continue reading

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The Post Election GOP War on Financial Reform

Here’s the crucial thing to remember about financial reform: the status quo previous to the Dodd–Frank Wall Street Reform and Consumer Protection Act financial reform bill was entirely favorable to Wall Street and the largest banks. The major, serial bailouts … Continue reading

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Drumroll: Bank of America reviews several hundred foreclosure cases and finds….

Uh-oh: The Charlotte, N.C., lender [Bank of America] discovered errors in 10 to 25 out of the first several hundred foreclosure cases it examined starting last Monday. The problems included improper paperwork, lack of signatures and missing files, said people … Continue reading

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Blackrock VP Editorial on Bankruptcy Reform for Foreclosure Fraud Crisis, Junior Lien Problems

I missed it the first time around, but I wanted to flag this WSJ editorial by Barbara Novick, a vice chairman of  BlackRock, titled Why a Foreclosure Moratorium Is a Bad Idea. So what’s the answer to this mess? Bankruptcy … Continue reading

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Turning the CFPB Into a Crowd-Sourced Wiki

This is promising.  This is a more extended version of a vision of the Consumer Financial Protection Bureau that Elizabeth Warren discussed at Netroots Nation. David Dayen has the info: “It’s also about how we will receive information about how … Continue reading

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A Failed Dirt-Finding Expedition on the CFPB

Today’s New York Times came out with a bizarre hit piece on the Consumer Financial Protection Bureau and the first wave of hires.   They attempted to argue that there are already huge conflicts between those staffing the creation of the Bureau … Continue reading

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