Citigroup is banking proposed legislation that would allow homeowners to modify their mortgage loans during bankruptcy. According to the Center for Responsible Lending, the proposed legislation allowing mortgage loan modification in bankruptcy could help...
According to an article in the Dallas Morning News, nearly bankrupt banks who received the multi-billion dollar taxpayer funded bailout rewarded their top executives with nearly $1.6 billion in salaries, bonuses and other benefits...
According to CNN , the federal government announced a $13.4 billion bailout for automakers General Motors and Chrysler. "Allowing the U.S. auto industry to collapse is not a responsible course of action," President Bush...
An article on MSNBC asked some probing questions about the viability of an automaker bailout and the ramifications of an automaker bankruptcy. Greg Chaney, Manager of Chacon Autos, the Dallas-based owner of eight automotive...
The federal government's $200 billion bail out for big bankers should come with strings attached that protect the ordinary consumer from predatory lending practices. USA Today did a two-part investigative series on how credit...
According to the Dallas Daily News, Jody Grant, the recently retired chairman of the Dallas-based Texas Capital Bancshares Inc. says that General Motors Corp shouldn't get a "no questions asked" $25 billion bailout. "You...
After sixty years in business, Harold's Stores, Inc. filed for bankruptcy last Friday. Harold's which has been a household name for generations of Dallas-Fort Worth residents, opened its first Dallas area store in 1977;...
