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: CL&P BlogJeff Gelles of Philadelphia Inquirer Column on Why TILA Failed in the Subprime Crisis
By Jeff Sovern
Here. Disclosure: the column discusses my survey of mortgage broker which found that many borrowers spent too little time with the final TILA disclosures to understand them and that borrowers virtually never pull out of the loans upon receiving those disclosures.
Full post as published by CL&P Blog on September 27, 2009 (boomark / email).
Goldman Sachs
Agrees $60 Million Subprime Settlement in Massachusetts
Electronic Data Systems Corp.
allegedly failed to pay employee overtime.
DirecTV and Best Buy
allegedly failed to inform customers that they must return their receivers upon cancellation.
Microsoft Corp.
allegedly failed to provide adequate access and service to Xbox Live and its subscribers.
Golden Gate National Recreation Area
allegedly failed to provide adequate facilities for the disabled.
Commonwealth Land Title Insurance Co.
allegedly failed to give policyholders discounted rates to which they were entitled.

The Philadelphia Inquirer and Yoo
How the SEC is Tackling the Subprime Crisis
Schwarcz on Disclosure and the Subprime Crisis
Subprime-Crisis Lawsuits 2008: By the Numbers
Schwarcz on Subprime Mortgage Crisis
John Lott on Philadelphia and AW Bans







