Nonilex<p>I thought they were trying to save money 🤔</p><p>Under <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>, the <a href="https://masto.ai/tags/Consumer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Consumer</span></a> <a href="https://masto.ai/tags/FinancialProtection" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialProtection</span></a> Bureau <a href="https://masto.ai/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> has dropped nearly a dozen enforcement cases brought during the <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Biden</span></a> admin, ending lawsuits against <a href="https://masto.ai/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> & <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> for a variety of financial practices that the <a href="https://masto.ai/tags/watchdog" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>watchdog</span></a> agency no longer considers <a href="https://masto.ai/tags/illegal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>illegal</span></a>.</p><p>But on Wed, the bureau went a step further: It is seeking to GIVE BACK $105k that a <a href="https://masto.ai/tags/mortgage" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>mortgage</span></a> lender paid to settle <a href="https://masto.ai/tags/racial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>racial</span></a> <a href="https://masto.ai/tags/discrimination" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>discrimination</span></a> claims….</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <br><a href="https://www.nytimes.com/2025/03/26/business/cfpb-repay-mortgage-lawsuit.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=6A5655B4-A7D4-4098-AED1-2847DA87EEB0" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/03/26/busines</span><span class="invisible">s/cfpb-repay-mortgage-lawsuit.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=6A5655B4-A7D4-4098-AED1-2847DA87EEB0</span></a></p>
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#lenders
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Nonilex<p>In the 14 yrs the <a href="https://masto.ai/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> has existed, it has challenged <a href="https://masto.ai/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> on outrageous overdraft fees, taken on payday <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a>, & issued rules to rein in rogue <a href="https://masto.ai/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> collectors. It created a complaint database to help <a href="https://masto.ai/tags/consumers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>consumers</span></a> seeking to resolve disputes with their <a href="https://masto.ai/tags/creditors" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>creditors</span></a> & pursued companies & industries w/ <a href="https://masto.ai/tags/deceptive" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deceptive</span></a> marketing & billing practices.
<br>The agency was also laser-focused on making companies communicate w/consumers in plain language.<br>
<a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> <a href="https://masto.ai/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/regulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regulation</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Bytes Europe<p>Stable versus Struggling: Canada’s Financial Divide Widens <a href="https://www.byteseu.com/776930/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">byteseu.com/776930/</span><span class="invisible"></span></a> <a href="https://pubeurope.com/tags/Automotive" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Automotive</span></a> <a href="https://pubeurope.com/tags/Banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banks</span></a> <a href="https://pubeurope.com/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://pubeurope.com/tags/consumers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>consumers</span></a> <a href="https://pubeurope.com/tags/Credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Credit</span></a> <a href="https://pubeurope.com/tags/CreditCards" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CreditCards</span></a> <a href="https://pubeurope.com/tags/Data" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Data</span></a> <a href="https://pubeurope.com/tags/delinquencies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>delinquencies</span></a> <a href="https://pubeurope.com/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://pubeurope.com/tags/EquifaxCanada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EquifaxCanada</span></a> <a href="https://pubeurope.com/tags/homebuyer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>homebuyer</span></a> <a href="https://pubeurope.com/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> <a href="https://pubeurope.com/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://pubeurope.com/tags/NYSE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NYSE</span></a>:EFX <a href="https://pubeurope.com/tags/PersonalFinance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PersonalFinance</span></a> <a href="https://pubeurope.com/tags/RealEstate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RealEstate</span></a></p>
Nonilex<p>The loans will come at below-market interest rates, a crucial stipulation as <a href="https://masto.ai/tags/global" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>global</span></a> <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> usually charge much higher rates in <a href="https://masto.ai/tags/Africa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Africa</span></a>, citing higher risks.</p><p>In an interview, Ajay Banga, the president of the <a href="https://masto.ai/tags/WorldBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WorldBank</span></a>, cast the initiative in sweeping terms where <a href="https://masto.ai/tags/economic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economic</span></a> <a href="https://masto.ai/tags/development" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>development</span></a> met societal <a href="https://masto.ai/tags/stability" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stability</span></a> & basic <a href="https://masto.ai/tags/HumanRights" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HumanRights</span></a>. “Without <a href="https://masto.ai/tags/electricity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>electricity</span></a>, we can’t get <a href="https://masto.ai/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jobs</span></a>, <a href="https://masto.ai/tags/health" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>health</span></a> care, skills,” he said. The success of electrification, he said, is “foundational to everything.”</p><p><a href="https://masto.ai/tags/CleanEnergy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CleanEnergy</span></a></p>
Nonilex<p>The rules set to be announced Tues would ban <a href="https://masto.ai/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>credit</span></a> reporting agencies from incorporating <a href="https://masto.ai/tags/medical" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>medical</span></a> <a href="https://masto.ai/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> when calculating <a href="https://masto.ai/tags/CreditScores" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CreditScores</span></a>…. The rules would also bar <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> from using <a href="https://masto.ai/tags/MedicalDebt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MedicalDebt</span></a> to determine <a href="https://masto.ai/tags/LoanEligibility" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LoanEligibility</span></a>, they said.</p><p>…~15M Americans have medical <a href="https://masto.ai/tags/bills" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bills</span></a> on their credit reports, acc/to a study released in April by the <a href="https://masto.ai/tags/Consumer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Consumer</span></a> <a href="https://masto.ai/tags/Financial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Financial</span></a> <a href="https://masto.ai/tags/Protection" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Protection</span></a> Bureau. …People affected by medical debt disproportionately live in the South or in low-income communities….</p><p><a href="https://masto.ai/tags/BidenHarris2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BidenHarris2024</span></a></p>
Nonilex<p>…Rejected by <a href="https://masto.ai/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> & <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> over the <a href="https://masto.ai/tags/Jan6" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Jan6</span></a>, 2021, <a href="https://masto.ai/tags/insurrection" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>insurrection</span></a> & his long history of &bankruptcies & <a href="https://masto.ai/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://masto.ai/tags/failures" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>failures</span></a>, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> had approved the merger of his company w/a <a href="https://masto.ai/tags/SPAC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SPAC</span></a> as a way to raise money in the months after he lost the WH. Often called “blank check” firms, SPACs promise access to public stock investors w/fewer <a href="https://masto.ai/tags/FinancialDisclosures" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialDisclosures</span></a> than a traditional corporate listing requires.</p><p><a href="https://masto.ai/tags/criminal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>criminal</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> <a href="https://masto.ai/tags/FederalSecurities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalSecurities</span></a></p>
The Japan Times<p>Not even supercomputers can crack the codes at the heart of digital cash. But that protection may fade as technology evolves. <a href="https://www.japantimes.co.jp/commentary/2024/01/03/world/money-quantum-heist/?utm_content=bufferf5798&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/commentary/20</span><span class="invisible">24/01/03/world/money-quantum-heist/?utm_content=bufferf5798&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn</span></a> <a href="https://mastodon.social/tags/commentary" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>commentary</span></a> <a href="https://mastodon.social/tags/worldnews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>worldnews</span></a> <a href="https://mastodon.social/tags/quantumcomputing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>quantumcomputing</span></a> <a href="https://mastodon.social/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> <a href="https://mastodon.social/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> <a href="https://mastodon.social/tags/cryptocurrencies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrencies</span></a> <a href="https://mastodon.social/tags/cybersecurity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cybersecurity</span></a></p>
Nonilex<p>Testimony concluded Wed in a $250M <a href="https://masto.ai/tags/cuvil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cuvil</span></a> <a href="https://masto.ai/tags/fraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fraud</span></a> <a href="https://masto.ai/tags/trial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trial</span></a> against <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> & his company in <a href="https://masto.ai/tags/NewYork" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NewYork</span></a> state, a case in which the judge may issue a bench verdict in January.<br>
The trial stems from a <a href="https://masto.ai/tags/lawsuit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lawsuit</span></a> filed by <a href="https://masto.ai/tags/NYAG" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NYAG</span></a> <a href="https://masto.ai/tags/LetitiaJames" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LetitiaJames</span></a> (D) last year alleging that Trump & executives at the <a href="https://masto.ai/tags/TrumpOrganization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpOrganization</span></a> purposely deceived <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> & <a href="https://masto.ai/tags/insurance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>insurance</span></a> companies over the course of a decade.</p><p><a href="https://www.washingtonpost.com/national-security/2023/12/13/trump-new-york-fraud-letitia-james/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/national-se</span><span class="invisible">curity/2023/12/13/trump-new-york-fraud-letitia-james/</span></a></p>
Crypto News<p>FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules - BlockFi filed for bankruptcy in late November last year, in part because of the ripple ef... - <a href="https://www.coindesk.com/business/2023/11/14/ftx-can-start-mediation-file-counterclaims-in-blockfi-bankruptcy-case-judge-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">coindesk.com/business/2023/11/</span><span class="invisible">14/ftx-can-start-mediation-file-counterclaims-in-blockfi-bankruptcy-case-judge-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines</span></a> <a href="https://schleuss.online/tags/bankruptcy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bankruptcy</span></a> <a href="https://schleuss.online/tags/exchanges" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>exchanges</span></a> <a href="https://schleuss.online/tags/lawsuits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lawsuits</span></a> <a href="https://schleuss.online/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://schleuss.online/tags/blockfi" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>blockfi</span></a> <a href="https://schleuss.online/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> <a href="https://schleuss.online/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a> <a href="https://schleuss.online/tags/ftx" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ftx</span></a></p>
Nonilex<p>(The trust was set up to hold <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s business assets during his presidency to avoid conflicts of interest.)</p><p><a href="https://masto.ai/tags/NYAG" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NYAG</span></a> questions <a href="https://masto.ai/tags/DonaldTrumpJr" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DonaldTrumpJr</span></a> about other certifications re <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/SFCs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SFCs</span></a> they sent to <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> over several years.</p><p>There are more letters to <a href="https://masto.ai/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> from <a href="https://masto.ai/tags/Mazars" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Mazars</span></a>. Each letter, every time says that the <a href="https://masto.ai/tags/trustees" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trustees</span></a> (Jr & <a href="https://masto.ai/tags/AllenWeisselberg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AllenWeisselberg</span></a>) of the <a href="https://masto.ai/tags/DonaldJTrumpRevocableTrust" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DonaldJTrumpRevocableTrust</span></a> are responsible for the Trump's SFCs (oops).</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/civil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>civil</span></a> <a href="https://masto.ai/tags/fraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fraud</span></a> <a href="https://masto.ai/tags/TrumpOrganization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpOrganization</span></a> <a href="https://masto.ai/tags/TrumpTrial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpTrial</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/NYAG" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NYAG</span></a> <a href="https://masto.ai/tags/Amer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Amer</span></a> asked <a href="https://masto.ai/tags/McConney" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>McConney</span></a> about his use of capitalization or <a href="https://masto.ai/tags/CapRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapRates</span></a>, which he used to <a href="https://masto.ai/tags/value" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>value</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/commercial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>commercial</span></a> assets. (The lower the cap rate, the higher the property value.)</p><p>Amer grilled McConney about his communications w/ <a href="https://masto.ai/tags/DougLarsen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DougLarsen</span></a>, an <a href="https://masto.ai/tags/appraiser" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>appraiser</span></a> retained by <a href="https://masto.ai/tags/CapitolOneBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitolOneBank</span></a> & <a href="https://masto.ai/tags/LadderCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LadderCapital</span></a>, in their capacity as <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> concerning 40 Wall Street.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/legal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>legal</span></a> <a href="https://masto.ai/tags/fraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fraud</span></a> <a href="https://masto.ai/tags/conspiracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>conspiracy</span></a> <a href="https://masto.ai/tags/TrumpTrial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpTrial</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/Habba" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Habba</span></a>’s presentation is pure <a href="https://masto.ai/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a>. She attacked the <a href="https://masto.ai/tags/press" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>press</span></a> corps, & called <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> the “sitting president.” She didn’t diverge at all from the substance of <a href="https://masto.ai/tags/Kise" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Kise</span></a>’s arguments, but spoke far louder & as if she were addressing a jury, or a television camera.</p><p>“These <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> made money. They made money,” she said. “They were not <a href="https://masto.ai/tags/defrauded" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>defrauded</span></a>.”</p>
Nonilex<p><a href="https://masto.ai/tags/Kise" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Kise</span></a> argued that the defendants didn’t mean to <a href="https://masto.ai/tags/defraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>defraud</span></a> anyone w/disparate property valuations (irrelevant). He calls this the essence of the commercial real estate marketplace, saying “buyers have a view, sellers have a view, none of them are wrong.”<br>“Everyone has a different opinion as to valuation,” Kise said, summarizing his case after spending a long time explaining that <a href="https://masto.ai/tags/DeutscheBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DeutscheBank</span></a>, one of the <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a>, did its own due diligence & came up w/ another set of values for certain properties.</p>
Shades<p>by <a href="https://kolektiva.social/tags/RamendaCyrus" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RamendaCyrus</span></a> in <span class="h-card"><a href="https://mastodon.world/@theprospect" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>theprospect</span></a></span>:</p><p>"Predatory loans rely on an information advantage. Lenders know how to manipulate the terms of the loan to keep the customer borrowing more and more. They can bury the most important provisions in financial jargon, leaving the borrower unaware of what they are getting into. Often, people are desperate, seemingly out of options, and willing to accept pretty much anything. That enables the remarkably high interest rates, hidden fees, and constant rollovers into new loans accruing more interest that can trap people in a web of financial stress."</p><p><a href="https://prospect.org/economy/2023-06-05-predatory-lendings-prey-of-color/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">prospect.org/economy/2023-06-0</span><span class="invisible">5-predatory-lendings-prey-of-color/</span></a></p><p><a href="https://kolektiva.social/tags/PredatoryLoans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PredatoryLoans</span></a> <a href="https://kolektiva.social/tags/loans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>loans</span></a> <a href="https://kolektiva.social/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> <a href="https://kolektiva.social/tags/HiddenFees" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HiddenFees</span></a> <a href="https://kolektiva.social/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://kolektiva.social/tags/racism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>racism</span></a></p>
beSpacific<p>The failures of <a href="https://newsie.social/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> and <a href="https://newsie.social/tags/SignatureBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SignatureBank</span></a> cost <a href="https://www.bloomberg.com/news/articles/2023-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole#xj4y7vzkg" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bloomberg.com/news/articles/20</span><span class="invisible">23-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole#xj4y7vzkg</span></a> the <a href="https://newsie.social/tags/FederalDepositInsuranceCorp" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalDepositInsuranceCorp</span></a>. <a href="https://newsie.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> almost $23B. The U.S. agency is seeking to shift an unusually large <a href="https://www.bloomberg.com/news/articles/2023-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole#xj4y7vzkg" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bloomberg.com/news/articles/20</span><span class="invisible">23-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole#xj4y7vzkg</span></a> portion of those <a href="https://newsie.social/tags/losses" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>losses</span></a> to large <a href="https://newsie.social/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a>. <a href="https://newsie.social/tags/FinancialCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialCrisis</span></a> <a href="https://newsie.social/tags/FinancialStability" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialStability</span></a> <a href="https://newsie.social/tags/SystemicRisk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SystemicRisk</span></a> <a href="https://newsie.social/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://newsie.social/tags/SVB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SVB</span></a></p>
Crypto News<p>Shares of Deutsche Bank, Other Euro Lenders Tumble - Deutsche Bank shares plunged on Friday, along with the stocks of other European ba... - <a href="https://news.bitcoin.com/shares-of-deutsche-bank-other-euro-lenders-tumble/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">news.bitcoin.com/shares-of-deu</span><span class="invisible">tsche-bank-other-euro-lenders-tumble/</span></a> <a href="https://schleuss.online/tags/societegenerale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>societegenerale</span></a> <a href="https://schleuss.online/tags/bankingcrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bankingcrisis</span></a> <a href="https://schleuss.online/tags/regionalbanks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regionalbanks</span></a> <a href="https://schleuss.online/tags/bankinggiant" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bankinggiant</span></a> <a href="https://schleuss.online/tags/deutschebank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deutschebank</span></a> <a href="https://schleuss.online/tags/janetyellen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>janetyellen</span></a> <a href="https://schleuss.online/tags/olafscholz" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>olafscholz</span></a> <a href="https://schleuss.online/tags/collapses" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>collapses</span></a> <a href="https://schleuss.online/tags/collapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>collapse</span></a> <a href="https://schleuss.online/tags/deutsche" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deutsche</span></a> <a href="https://schleuss.online/tags/european" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>european</span></a> <a href="https://schleuss.online/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://schleuss.online/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> <a href="https://schleuss.online/tags/decline" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>decline</span></a> <a href="https://schleuss.online/tags/germany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>germany</span></a> <a href="https://schleuss.online/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> <a href="https://schleuss.online/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://schleuss.online/tags/europe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>europe</span></a> <a href="https://schleuss.online/tags/german" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>german</span></a> <a href="https://schleuss.online/tags/shares" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>shares</span></a> <a href="https://schleuss.online/tags/stocks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stocks</span></a> <a href="https://schleuss.online/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> <a href="https://schleuss.online/tags/bank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bank</span></a> <a href="https://schleuss.online/tags/drop" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>drop</span></a> <a href="https://schleuss.online/tags/u" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>u</span></a>.s.</p>
Cryptocurrency News Worldwide<p>Shares of Deutsche Bank, Other Euro Lenders Tumble <br> <br> <a href="https://news.bitcoin.com/shares-of-deutsche-bank-other-euro-lenders-tumble/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">news.bitcoin.com/shares-of-deu</span><span class="invisible">tsche-bank-other-euro-lenders-tumble/</span></a> <br> <br> <a href="https://aspiechattr.me/tags/SocieteGenerale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SocieteGenerale</span></a> <a href="https://aspiechattr.me/tags/BankingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BankingCrisis</span></a> <a href="https://aspiechattr.me/tags/regionalbanks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regionalbanks</span></a> <a href="https://aspiechattr.me/tags/bankinggiant" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bankinggiant</span></a> <a href="https://aspiechattr.me/tags/DeutscheBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DeutscheBank</span></a> <a href="https://aspiechattr.me/tags/JanetYellen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JanetYellen</span></a> <a href="https://aspiechattr.me/tags/OlafScholz" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OlafScholz</span></a> <a href="https://aspiechattr.me/tags/collapses" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>collapses</span></a> <a href="https://aspiechattr.me/tags/collapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>collapse</span></a> <a href="https://aspiechattr.me/tags/deutsche" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deutsche</span></a> <a href="https://aspiechattr.me/tags/european" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>european</span></a> <a href="https://aspiechattr.me/tags/Finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Finance</span></a> <a href="https://aspiechattr.me/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://aspiechattr.me/tags/decline" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>decline</span></a> <a href="https://aspiechattr.me/tags/Germany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Germany</span></a> <a href="https://aspiechattr.me/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> <a href="https://aspiechattr.me/tags/Crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Crypto</span></a> <a href="https://aspiechattr.me/tags/Europe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Europe</span></a> <a href="https://aspiechattr.me/tags/german" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>german</span></a> <a href="https://aspiechattr.me/tags/shares" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>shares</span></a> <a href="https://aspiechattr.me/tags/stocks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stocks</span></a> <a href="https://aspiechattr.me/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> <a href="https://aspiechattr.me/tags/Bank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bank</span></a> <a href="https://aspiechattr.me/tags/drop" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>drop</span></a> <a href="https://aspiechattr.me/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a></p>
Steven Bodzin<p>This is a really smart point by <span class="h-card"><a href="https://mastodon.social/@drskyskull" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>drskyskull</span></a></span> . I have assumed that Musk wanted to just wreck <a href="https://journa.host/tags/Twitter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Twitter</span></a>. ("Oligarchs gunna <a href="https://journa.host/tags/oligarch" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>oligarch</span></a>.") He notes that the <a href="https://journa.host/tags/lenders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lenders</span></a> might be using <a href="https://journa.host/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a>. He'll go down. They will end up with Twitter and maybe also other Musk assets. That would explain why so many lenders were so eager to pony up for this deal.</p>
Dr. Roy Schestowitz (罗伊)● NEWS ● <a class="hashtag" href="https://pleroma.site/tag/truthout" rel="nofollow noopener noreferrer" target="_blank">#truthout</a> <a class="hashtag" href="https://pleroma.site/tag/plutocracy" rel="nofollow noopener noreferrer" target="_blank">#plutocracy</a> ☞ 'Mike' Bloomberg Fought Efforts to Protect Black Homeowners From Predatory <a class="hashtag" href="https://pleroma.site/tag/lenders" rel="nofollow noopener noreferrer" target="_blank">#Lenders</a> <a href="https://truthout.org/articles/bloomberg-fought-efforts-to-protect-black-homeowners-from-predatory-lenders/" rel="nofollow noopener noreferrer" target="_blank">https://truthout.org/articles/bloomberg-fought-efforts-to-protect-black-homeowners-from-predatory-lenders/</a>
Dr. Roy Schestowitz (罗伊)● NEWS ● <a class="hashtag" href="https://pleroma.site/tag/truthout" rel="nofollow noopener noreferrer" target="_blank">#truthout</a> <a class="hashtag" href="https://pleroma.site/tag/finance" rel="nofollow noopener noreferrer" target="_blank">#finance</a> <a class="hashtag" href="https://pleroma.site/tag/predation" rel="nofollow noopener noreferrer" target="_blank">#predation</a> ☞ <a class="hashtag" href="https://pleroma.site/tag/payday" rel="nofollow noopener noreferrer" target="_blank">#Payday</a> <a class="hashtag" href="https://pleroma.site/tag/lenders" rel="nofollow noopener noreferrer" target="_blank">#Lenders</a> Have Embraced Installment Loans to Evade Regulation <a href="https://truthout.org/articles/payday-lenders-have-embraced-installment-loans-to-evade-regulation/" rel="nofollow noopener noreferrer" target="_blank">https://truthout.org/articles/payday-lenders-have-embraced-installment-loans-to-evade-regulation/</a>
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