“
So if you’re a big bank or financial institution, you are no longer allowed to make risky bets with your customers’ deposits. You’re required to write out a “living will” that details exactly how you’ll pay the bills if you fail – because the rest of us aren’t bailing you out ever again. And if you’re a mortgage lender or a payday lender or a credit card company, the days of signing people up for products they can’t afford with confusing forms and deceptive practices are over. Today, American consumers finally have a watchdog in Richard Cordray with one job: To look out for them.President Barack Obama, basically telling banks and lenders to go F themselves
-
anomaladdie likes this
-
notalostgeneration reblogged this from smoestoe
-
zephyrean-lungs likes this
-
smoestoe reblogged this from logicalliberals
-
logicalliberals posted this
