:::: UPDATE :::: Macalester protesters heeding nature's call in kitty-litter box during sit-inAs the Wells Fargo-protesting sit-in at Macalester's Weyerhaeuser Hall enters its third day, student protesters have issued a response to the memos written by administrators that we shared with you yesterda ... More >>
Prosecutors team with debt collectors to terrorize consumers
Anne Marie Rasmusson will get more than $1 million after public officials inappropriately accessed her Driver and Vehicle Services database information hundreds of times over a number of years.SEE ALSO: White Bear Lake's sudden shrinkage: DNR sued by group demanding less water pumpingBut all the rou ... More >>
Organization builds a tight-knit national community while preventing foreclosures
SEE ALSO: US Bank closes UC Davis branch, cites "intolerable" Occupy protestsMinneapolis-based US Bank is one of the biggest, baddest slumlords in Los Angeles, the city alleges in a civil lawsuit filed yesterday. The suit reportedly seeks "potentially millions of dollars in penalties and restitution ... More >>
Yesterday, the MPD disclosed that the taxpayer cost of all the police work done on and around the now-foreclosed Cruz family last month amounted to $42,429, or nearly the cost of one city employee's salary.But if City Council member Gary Schiff had his way, Minneapolis taxpayers wouldn't be on the h ... More >>
Late last month, police finally evicted Occupy Homes protestors from the Cruz family home, and their efforts cost taxpayers significantly.Today, a letter from MPD chief Tim Dolan to Mayor RT Rybak revealed that the cost of on-duty work at the 4044 Cedar Ave. S. home was $42,429. Occupy activists hav ... More >>
For Minneapolis police and Hennepin County deputies, the third time was the charm.Following two unsuccessful attempts last week to evict Occupy Homes protestors from the foreclosed Cruz family home at 4044 Cedar Ave. S., police were finally able to secure the property following a raid that began aro ... More >>
Michael Bennett was once known for his speed. Now, less than two years removed from his last NFL action, the Wisconsin Badgers and Minnesota Vikings standout has been busted for trying to pull a fast one on what turned out to be an FBI-run fake check-cashing business.On Monday, Bennett, 33, was arre ... More >>
Franken wants Fannie/Freddie to put their money where their mouth is. Today, Senator Franken plans to introduce legislation that would help more homeowners refinance their home mortgages, saving them money and, in some cases, helping them keep their homes.Franken's Helping Homeowners Refinance Ac ... More >>
Bachmann says one thing in public in, and does another in private.Michele Bachmann used federally backed home loans from Fannie Mae or Freddie Mac just weeks before she denounced those programs and called for them to be dismantled, according to the Washington Post. Experts who reviewed the home l ... More >>
billypaloozaMost Minnesotans haven't read this best seller, it would seem.The next time some driver cuts you off in traffic or blazes through a stop sign, and you holler, scream and pound your steering wheel, console yourself with this thought: Things could be a whole lot worse. As bad as th ... More >>
Hecker is scheduled for sentencing on Friday.Steven Leach conspired with disgraced auto mogul Denny Hecker to hoodwink Chrysler Financial into multimillion dollar finance packages. Now he's going to federal prison for two years, and he's been ordered to pay $14 million in restitution. And th ... More >>
With one out of every 245 Minnesota housing units in foreclosure during September, news has broken that Wells Fargo, along with other big banks, may have helped push some homeowners off properties with the use of "robo signers." And the bank, with deep ties to Minnesota, has no intention of ... More >>
The judge had ruled that Hecker wasn't going to get away with not having to make good on $85 million he owes Chrysler Financial.
Administration lax on cleaning up AIG, Bear Stearns, and Lehman Brothers
Bachmann introduced a bill that ensures that the dollar will never disappear. Because it was totally going to happen any day now.
At least one local Web expert has formally contacted the Minnesota Attorney General's office asking them to investigate Coleman's campaign for possible consumer protection violations. Will they take up this case?
The Minnesota Home Ownership Center says people at risk of losing their homes should act NOW if they want some help from the government.
The complaint says Hecker has failed to repay loans totally $550 million.
Michele Bachmann is hitting the financial meltdown issue hard, particularly since it is one of the few issues she can get some voters to ... More >>
The Avenger: Pete Barry goes after those "who live off the misery of others"
Here are some excerpts from Goldman-Sachs's March 14 market note, emphasis added:The Fed's flow-of-funds tables show a further pickup in mortgage equity withdrawal (MEW) to a record $640 billion, or 7.4% of personal disposable income, in 2004. Although cash-out refinancing was down somewhat, this ... More >>
If the state won't stop shady lenders, maybe cities will
Although Alumni Association card promoters are at campus events signing up new card members, they say UM students aren't their primary audience. That would come as a surprise to some students