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Corporate foundations have given millions to the Boy Scouts of America and its subdivisions in recent years despite that organization’s policy of excluding gays and lesbians. Many of those same foundations have policies against giving to organizations that discriminate based on sexual orientation.
Calling themselves "giant killers" the Colorado Progressive Coalition (CPC) announced a campaign of "organized chaos" against Wells Fargo Thursday morning for what the group said were the bank's predatory practices and illegal foreclosures.
As Colorado lawmakers wrangle over whether or not to regulate "payday loans" in the state, national mainstream banks are increasingly offering similar products-- short-term, high-interest loans secured by a pending paycheck. That's a bad thing, according to a consumer group that called on the Office of the Comptroller of the Currency to stop the practice.
DENVER-- Roughly 200 people gathered in front of the Wells Fargo "Cash Register" building downtown here Wednesday to protest "too big to fail" banks in general and Wells Fargo in particular-- financial institutions that outrageously mismanaged depositor savings and fueled the global economic crisis last year. The banks received taxpayer bailout funds to the tune of $700 billion, which they used at first to stay afloat but ultimately to increase profits and even lobby lawmakers to vote against consumer protections. Protesters took turns withdrawing their Wells Fargo savings.
The top eight spenders in the financial industry spent nearly $30 million to lobby Capitol Hill last year, according to Nathaniel Popper of the...
Memphis city officials have filed a lawsuit charging mortgage-loan giant Wells Fargo with discrimination. The New York Times reports: The lawsuit, filed in federal court...
Could Congresswoman Markey's angry letters to credit card companies do more good than her legislation? U.S. Congresswoman Betsy Markey, a Democrat from the Fourth District,...