Banking regulators did everything by the book in closing down the bank run by the family of Alexi Giannoulias, the Democratic candidate for President Obama’s old seat in the U.S. Senate.
Politics played no role in the timing of the April closing of Broadway Bank in Chicago, a Federal Deposit Insurance Corporation investigation concluded.
Fate of consumer financial protection watchdog agency less certain with pending shake-up in U.S. Senate banking committee.
Those sneaks — they fooled even a Web-savvy guy like me into signing up for a “service” I didn’t want. Thankfully, the U.S. Senate agrees with me that this is just plain wrong.