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The Huffington Post

Finally, JPMorgan Admits the Bank Broke the Law

In the years since the financial crisis, we may not have solved too big to fail, sent any bankers to jail, or done much to prevent another financial crisis, and we certainly haven't changed Wall Street's devotion to money-making at all costs.

For Regulators Who Failed To Prevent Financial Meltdown, Life After Crisis Isn't So Bad

On March 11, 2008 Christopher Cox, former chairman of the Securities and Exchange Commission, said he was comfortable with the amount of capital that Bear Stearns and the other publicly traded Wall Street investment banks had on hand.

Executives From Biggest Subprime Lenders Are Peddling Risky Mortgages Again

Andy Pollock rode the last subprime mortgage wave to the top then got out as the industry collapsed and took the U.S. economy with it. Today, he’s back in business.

Is Washington Seeking Revenge on JP Morgan or Is the US Regulatory System Out of Control?

In the post-crisis tribulations, after being very close to the administration, JP Morgan started campaigning against some aspects of the new financial regulation. Its favorite target was the Volcker rule that restricts the type of investments banks can trade for their own account. 

Federal Reserve Employees Afraid to Speak Put Financial System at Risk

Regulators overseeing the nation’s largest financial institutions are distrustful of their bosses, afraid to speak out, and feeling isolated, according to a confidential survey this year of Federal Reserve employees.

Foreclosed Renters Left Homeless in Shadow of Disneyland

In a hotel room not far from Disneyland, Renee Genel slumps on a couch, her family's meager possessions scattered nearby in torn plastic shopping bags.

Bernanke's Deposition: AIG, Goldman, Merrill and Bailouts

The SEC has lost steam in its already very weak push against mortgage lenders and the investment banks that supplied them with money for alleged fraudulent lending. 

Elizabeth Warren Presses Eric Holder on Mortgage Settlement

Sen. Elizabeth Warren (D-Mass.) sent a letter to Attorney General Eric Holder Wednesday questioning whether a major government settlement with the nation's largest mortgage companies is merely a way to absolve banks of malpractice under a "timid enforcement strategy."

Justice Department Planning to Announce Financial Crisis Charges

U.S. Attorney General Eric Holder is preparing to announce new cases related to the economic meltdown in the coming months as the Justice Department nears decisions on a number of probes involving large financial firms, the Wall Street Journal reported.

Why the Fed Fears Higher Mortgage Rates

If you're wondering where mortgage rates are headed you're not alone. It used to be that mortgage rates reflected supply and demand but that's no longer the case.