AltWeeklies Wire

Toxic Assets

The next time someone tells you that capitalism is efficient, remember the mold houses.
Maui Time  |  Ted Rall  |  07-14-2011  |  Economy

Pay a Company to Get Rid of Your Debt by Saying it Never Really Happened in the First Placenew

You've been duped, deluded and taken for a ride. Everything you think you know about money is wrong. Federal law has never allowed banks to extend "credit," because there is no such thing as credit. At least not the way you've been led to believe.
Houston Press  |  Craig Malisow  |  12-08-2009  |  Economy

War, Wealth, Empire and the Obama Presidencynew

Karl Marx insisted that the only real source of wealth is human labor. The ruling classes may have expropriated some of that wealth with their system of paper and electronic bank statements. But at heart, the banking system turned out to be a fraud. Always has been.
Random Lengths News  |  Lionel Rolfe  |  05-22-2009  |  Commentary

Can E3 Put the Green Back in Banking?new

E3bank, the first sustainability-focused bank in the Philadelphia region, is not your typical financial hub.
Philadelphia City Paper  |  Andrew Thompson  |  04-23-2009  |  Environment

TARP: Because It's Payback Timenew

Bankers are complaining that the federal government is changing borrowing terms under TARP. Sounds familiar to their credit card customers...
Maui Time  |  Ted Rall  |  03-17-2009  |  Cartoons

An Investigator Re-Encounters an Old Rival in the Latest Banking Crisisnew

Richard Newsom is campaigning against what he sees as corruption among overseers of America's savings and loan industry. He is perennially, and profanely, annoyed: Regulators today "lack both the stones and the expertise" to rein in rogue bankers, he claims.
SF Weekly  |  Matt Smith  |  03-04-2009  |  Economy

Lincoln's Banking Crisis and Obama'snew

The parallels between Barack Obama and Abraham Lincoln are many, but is there anything in the Lincoln lore to help Obama cope with the raging financial crisis and global economic meltdown he's facing as he takes office? Absolutely there is.
INDY Week  |  Bob Geary  |  02-05-2009  |  Economy

Credit Unions Thriving in the Chaotic Economynew

At a time when banks look more like wards of the state than the venerated institutions they once were, it's difficult to imagine that anyone is still happy to lend money. But stodgy, dependable, nonprofit credit unions are still chugging along, approving loans to members at reasonable rates.
Shepherd Express  |  Ken Reibel  |  10-17-2008  |  Economy

No More Student Loans? Good.

The credit card has made it harder to get college student loans. This is a silver lining of recession: a market-driven force that could push down skyrocketing tuition.
Maui Time  |  Ted Rall  |  05-12-2008  |  Education

Rip-off Americanew

Payday lending was supposed to have been outlawed in North Carolina. So why are its storefronts still around, collecting $1,254 in fees on a $255 loan?
INDY Week  |  Bob Geary  |  06-28-2005  |  Economy

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