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Chicago Crosses the Line In Trying to Maintain Property Values – Reason Magazine

Banks that comply with Chicago's new law may be liable for burglary, trespassing, or similar crimes. Continue reading →

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Bank of America Plaza Faces Foreclosure – Business – The Atlantic Wire

Thanks to mammoth mortgage lender Bank of America not paying its mortgage on its Atlanta headquarters, the Bank of America Plaza now faces foreclosure. Continue reading →

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U.S. Banks Discover Profits in Card Rules They Sought to Kill – Businessweek

Responding to an outcry from consumers, in 2009 Congress overhauled rules for credit-card issuers. Continue reading →

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Commerzbank stops speculating on basic food prices – Business – DW.DE –...

Germany's second-biggest lender, Commerzbank, says it will no longer participate in market speculation on basic food prices. The bank says it has removed all agricultural products from its funds for...

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China’s Sany seeks covenant waiver on $510 million debt: Basis Point

(Reuters) - Sany Heavy Industry Co Ltd , a major heavy machinery maker controlled by one of China's richest men, is asking its lenders to waive a financial covenant on $510 million of Continue reading →

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CNN Fact Check: Obama’s student aid boast on the mark

President Barack Obama touted his administration's support for the federal Pell Grant program and other aid for college students. Continue reading →

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Banks that foreclosed on Georgians owe taxpayers millions – www.wsbtv.com

Lenders have taken over hundreds of thousands of north Georgia homes because the owners couldn't pay, but a Channel 2 Action News investigation exposed some of those same banks have skipped out on...

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