Tag Archives: Banking and Financial Services News

Are student loans similar to subprime mortgages?

The newly-created Consumer Financial Protection Bureau (CFPB) is making more news this week, but not because of any regulatory fines or punitive actions.  This time, the CFPB is advocating that borrowers who took out private student loans should be able … Continue reading

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Is JP Morgan Chase & Co. too big and too lax?

JP Morgan Chase & Co. recently announced that its loss on bad credit derivative bets has grown from the ‘small’ sum of $2 billion to the much larger sum of at least $5.8 billion.  The banking conglomerate’s stunning loss has … Continue reading

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