espaƱol english

WWRL Hosts Blog

Capital One Bank is having a bad week...

by Thom Hartmann posted Jul 27 2012 1:30PM

After it was the first bank to be hit by the Consumer Financial Protection Bureau for defrauding consumers and ordered to pay $165 million to customers in refunds, Capital One was just hit with another fine.  This time – the Department of Justice has ordered the bank to pay out $12 million to members of the military for denying them their legal right under the Servicemembers Civil Relief Act to avoid foreclosures and high interest rates.

According to the DOJ – as many as 4,000 troops were illegally foreclosed on by the bank.  Back in the old day, when corporations operated against the best interests of the nation – and preyed on our military members – there was a simple solution: the death penalty.  The corporate death penalty – essentially revoking the corporation’s charter – has a long history in America.  It’s time to bring it back.

Lisetn to me live Monday through Friday 3 PM to 6 PM on WWRL 1600.
Filed Under :
07/27/2012 1:31PM
Capital One Bank is having a bad week...
Please Enter Your Comments Below
Title :
Comment :
On Air Now
El Pajarete con Armida y La Flaka
1 PM - 5 PM
Recent Posts
Nueva propuesta de liderazgo mexicano
Las 5 Bombas de la Semana el 15 de abril
Acoso sexual; otro gran problema laboral
Comunidad transgénero: de frente al discrimen laboral
Las Bombas de la Semana
Tag Cloud
No Tags Found !
Blog Categories