The $41 Million Question

New report reveals&nbsp;the ties between Wall Street and the Super Committee.<br />

Attachments: 

New Report: The Win-Win Solution: How Fixing The Housing Crisis Will Create 1 Million Jobs

Report Findings:

By writing down all underwater mortgages to market value, the nation’s banks could:
  1. Pump $71 billion into the economy every year;
    - In New York state the annual stimulus would equal $1.25 billion
    - In Ohio, $1.64 billion

Big Bank Tax Drain

How Wall Street speculation and tax avoidance are starving public revenues.

Today, National People's Action and the Public Accountability Initiative releases the groundbreaking report, "Big Bank Tax Drain: How Wall Street Speculation and Tax Avoidance are Starving Public Revenues."

Download the full report here >>
Attachments: 

Credit Segregation

Communities of color are given access to separate and unequal forms of credit, report finds.<br />

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Concentrations of Predatory Lenders in Communities of Color

Three years into the massive financial crisis, the economic fallout has clearly not impacted all areas of the nation equally.

REPORT: The Predators' Creditors

Wells Fargo, BofA, others provide $1.5 Billion to Lenders who prey on working poor with high interest loans

Same Banks Received TARP Bailout Funds from Taxpayers

Our new report reveals that Wall Street’s biggest banks are extending billions of dollars in credit to payday loan companies that feed on the economic misery of urban and rural low income working families -- providing short term loans at usuriously high interest rates.

The Predators' Creditors

New report reveals just how low Wall Street banks will stoop for some extra profit. <br />


A new report by National People's Action, The Predators' Creditors, reveals that amidst record high unemployment, foreclosures, and budget deficits, Wall Street's biggest banks are now helping the bottom feeders in the loan industry: Payday Lenders.

REPORT: Gaming The System


New Report Shows How Community Reinvestment Act Failed To Stop Predatory Practices by Wells Fargo, JPMorgan Chase, CITI and Bank of America

Major lenders have been subverting their legal responsibilities to meet the credit needs of their communities.
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