Bank of America’s $16 Billion Mortgage Settlement Less Painful Than It Looks | New York Times – Dealbook

From the article: The Justice Department said on Thursday that it had so far recovered nearly $37 billion from big banks for their role in selling shoddy mortgages before the financial crisis. Such a large number — intended to deter … Continue reading →

Feminomics: Women Reformers Motivated by a No Tolerance Rule

A great article from a very interesting website. Read the article here. Excerpt: During the past year, the financial sector has done a lot of wrong. First, it nearly self-destructed. Then it engaged with a set of Washington elites to … Continue reading →