After toppling economy, Wall St. now opposes consumer protections?
(NEWSER) - “Banking is based on trust,” Elizabeth Warren argues in the Wall Street Journal , yet lately banks have “thrown away customer trust like so much worthless trash.” After ripping off the public for years with deceptive mortgages and credit card tricks, they’re now lobbying furiously against the Consumer Financial Protection Agency, a watchdog that would root out gimmicks and simplify paperwork, “giving families a fighting chance to hang on to some of their money.” More»