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Real Estate & Property Law

: Housing Wire

Major Banks Owe Execs $40B: Frank ?Disappointed? By Sparse Lending

By DIANA GOLOBAY

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(Update 1: shows Frank’s statement on TARP provisions, released at the time this story was published) With major banks owing billions to executives and some banks stubbornly resisting assistance in capital, House Financial Services Committee chairman Barney Frank (D-MA) announced Friday the committee will hold hearings on the inappropriate use of federal funds. “I am deeply disappointed [...]

Full post as published by Housing Wire on October 31, 2008 (boomark / email).

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Class Action Filed Against Banks in Foreclosure Proceedings
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