Posts Tagged ‘JPMorgan Chase’

The latest report from the Treasury Department‘s Office of the Comptroller of the Currency, revealing that 10 of the top U.S. lenders may have illegally foreclosed on up to 5,000 active duty service members. Garofalo points out that “robo-signing” systems made it possible for lenders to approve documents without actually looking at them: “The banks were trying to cut corners on tens of thousands of foreclosures.”

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Private employers added over 200,000 jobs in November, Standard and Poors downgraded the biggest banks in the U.S., and according to a study 35 million Americans despise “having to be nice” around the holidays.