Free Republic

Even though disgraced Wells Fargo CEO John Stumpf has left the building, his most outrageous legal theories live on: on Wednesday, the company filed a motion in a federal court in Utah seeking dismissal of a class action suit by the customers it defrauded -- the bank argues that since customers sign a binding arbitration "agreement" when they open new accounts, that the customers whose signatures were forged on fraudulent new accounts should be subject to this agreement and denied a day in court. REPORT THIS AD This is the same argument that Stumpf made during his disastrous performance in...

Banks, in an attempt to wring more revenue out of customer accounts, are conjuring up new ways to raise fees on basic products like debit cards, cash machines and checking accounts. As regulation curtailing the financial institutions from levying certain charges on consumers has mounted over the past year, banks have had to dream up new fees to replace those now trimmed by laws. Banks are considering additional fees on credit cards and checking accounts. But they also are looking at new ways to make money on cash machines and especially debit cards as regulators pinch the cards' conventional revenue...

Channel 33 news is reporting that a suspected terrorist has been arrested along with an "inert" car bomb in downtown Dallas. The is a Muslim jihadi. Details as I find them.

State Attorney General Jerry Brown has announced he has filed suit in San Francisco Superior Court to recover $1.5 billion he says was fraudulently solicited from California investors in Wells Fargo Bank. State Attorney General Jerry Brown today announced he has filed suit in San Francisco Superior Court to recover more than $1 billion he says was fraudulently... Brown claims more than 2,000 California investors were victimized by bank sales employees who, up until the fall of 2008, had marketed Wells Fargo auction-rate debt securities and auction-rate preferred securities as liquid, or available to be exchanged for cash at any...

Banks are seeing an untapped resource in providing home loans to undocumented U.S. residentsThe banking industry is opening its doors to a controversial new market: illegal immigrants.

In the bare-knuckles, confrontational style of legendary community organizer Saul Alinsky, some 1,000 church and community organizers gathered July 17 in the asphalt schoolyard of St. Rose of Lima Church, Maywood, to confront city, county, state and federal officials about their community problems and needs. The grassroots leaders from the South East Cluster of One LA-IAF (Industrial Areas Foundation) zeroed in on four broad areas --- consulate identification, education, safety and immigration rights --- affecting seven cities, including Lynwood, South Gate, Huntington Park and Maywood... ...Community leaders praised Well Fargo Bank for being the first local financial institution to let...