Category Archives: Dodd-Frank legislation

(IPS) US Consumer Protection Agency Begins its Work

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This article first appeared on the Inter-Press Service website at: http://www.ipsnews.net/2012/09/u-s-consumer-protection-agency-takes-on-financial-tricks-and-traps/ ATLANTA, Georgia, Sep 27 2012 (IPS) – In the wake of the epidemic of home foreclosures, banking scandals and resulting massive financial regulation overhaul two years ago known as the Dodd-Frank legislation, the U.S. government created a new federal agency to protect consumers from being taken advantage of by […]

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(IPS) First Federal Reserve Audit Reveals Trillions in Secret Bailouts

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This article first appeared on the Inter-Press Service website at: http://www.ipsnews.net/news.asp?idnews=104913. ATLANTA, Aug 28, 2011 (IPS) – The first-ever audit of the U.S. Federal Reserve has revealed 16 trillion dollars in secret bank bailouts and has raised more questions about the quasi-private agency’s opaque operations. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for […]

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