The Other 98% Urges Wall Street to Donate $91 Billion in Bonuses to Victims of Financial Crisis
The largest Wall Street firms have reportedly set aside more than $91 billion for year-end bonuses.
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Feds Replace Flawed Foreclosure Review With Vague $8.5 Billion Settlement
banks have agreed to pay a total of $3.3 billion in cash to the 3.8 million borrowers who had been eligible for the review. That’s an average of around $870 per borrower.
Read MoreAs Foreclosure Crisis Drags On, So Does Flawed Gov’t Response
The government also took a dramatic step: a $25 billion settlement with the five biggest mortgage servicers.
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