How the SEC Almost Shut Down Wall Street

Here's a fun fact: Hackers, just like bankers, real estate agents and collectors of Star Trek memorabilia, attend conferences. Even better: they play games...
piggy bank

Europe: The Confidence Game That Could Break the Bank

The word "economy" comes from the Greek "oikos" or "house." Lately, the global economy has been like a nightmare episode of "Holmes Inspection." You...

Senator Mitch McConnell, Meet Senator Elizabeth Warren

In 2010, as Americans were fighting with all their strength to survive the meltdown of 2007-2009, Sen. Mitch McConnell infamously said, "The single most...

‘Corporations Are People’ and They Don’t Want You to Vote

It's hard to miss the coincidence: those who want to limit voting hours and demand stricter voter ID protocols also believe that corporations are...

Hurricane Sandy, You Got My Home, but Not My Identity

Like millions of Americans, I was hammered by Hurricane Sandy. The home that I own on the New Jersey shore was obliterated by the...

FEMA, Dodd-Frank and the CFPB: It’s All the Same to Mitt...

When the long-predicted storm finally hit us, it struck with so much destructive force that it caught even grizzled New Yorkers by surprise. The...

Back From the Vomitorium: The Looting of the Mortgage Settlement Agreement

States are looting the Mortgage Settlement Fund, and the odds are good that you or someone you know is getting robbed -- for the...

When Debt Collectors Attack (Disabled American War Heroes)

When it comes to scandalous behavior by debt collectors, I thought I'd heard it all. This is an industry known for its bottom feeders,...

Why Romney the Closer Is a Consumer Nightmare

Politicians often have a lazy relationship with the truth. Everyone knows that these folks will say damn near anything to get elected. The Romney-Ryan...

Two Sure Things in Life: Death & Facebook

What happens to our Facebook profile when we die? Who gets to connect with us on LinkedIn, post pictures of us on Pinterest, or...

Lies, Damned Lies, Statistics and Paul Ryan

Lies, as Mark Twain famously observed, come in three flavors. If he were around today, Paul Ryan would have inspired him to create a...
Corrupt politician

What Mitt Romney and Liar Loans Have in Common (Be Very...

As I watched Governor Romney in the Presidential debate Wednesday night I was reminded of a financial tactic the candidate's political supporters and financial...

Banks Still Raking In the Profits from Overdraft Fees

If you’ve ever witnessed a great white shark attack, you know the meaning of the word “relentless.” The giant creature’s dorsal fin traces a...

5 Ways President Romney Would Screw the 47 Percent

Mitt Romney's now-infamous statement, "My job is not to worry about those people," pretty much sums up the Republican nominee's true feelings about who...

The Alarming Ties Between Debt Collectors and District Attorneys

Of all the debt collection scams, the ones that inspire the greatest panic come over the phone. A menacing, often almost incomprehensible voice, claiming...

94 Million Exposed: The Government’s Epic Fail on Privacy

When you hear a number like "94 million" in the news, it's usually because somebody won the lottery. This time around, no such luck....

The Great iPhone ID Caper: What Really Happened?

If you're someone who cares about your privacy, these are indeed strange times. When everything from your iPhone to your iPad (and every derivation...

The Most Outrageous Tax of the Year

It just may become the latest outrage during a year of outrages. At the precise moment when the federal government finally delivers a modicum...

Hail to the Thief: Clinton Speech B-Roll Opens Door to ID...

Was it excessive exuberance? Was it judgmental deficiency? Was it the thrill of hearing a barnburner by the President of the World? Well, whatever...

What’s in Your Wallet? Hopefully Your Share of the National Mortgage...

Hell has frozen over! After years of lawsuits and investigations by federal and state law enforcement agencies -- not to mention some hard-ass negotiations...