Category Archives: Uncategorized

NY Times: This Is What Racism Sounds Like in the Banking Industry

Here.  Excerpt: Jimmy Kennedy earned $13 million during his nine-year career as a player in the National Football League. He was the kind of person most banks would be happy to have as a client. But when Mr. Kennedy tried to become a “private client” at JPMorgan Chase, an elite designation that would earn him […]

Dep’t of Education’s continuing efforts to withhold full relief for students defrauded by Corinthian Colleges

NPR reports today on Secretary Betsy DeVos's decision to overrule the decision to forgive the federal student loans of students defrauded by now-defunct Corinthian Colleges and ITT. The story is here. Also today, the Department announced a new methodology for determining whether and if so how much relief to provide to student borrowers defrauded by […]

Supreme Court Addresses Discovery Rule for FDCPA Statute of Limitations

The Supreme Court this morning decided Rotkiske v. Klemm, No. 18-328, holding that absent the application of an equitable doctrine, the FDCPA’s statute of limitations begins to run on the date on which the alleged FDCPA violation occurs, not the date on which the violation is discovered. The question in Rotkiske was whether a discovery […]

FTC settles deceptive advertising charges against University of Phoenix

The Federal Trade Commission announced today that it has settled with the University of Phoenix and its parent company, Apollo Education Group, for a record $191 million to resolve FTC charges that the school used deceptive advertisements that falsely touted their relationships and job opportunities with companies such as AT&T, Yahoo!, Microsoft, Twitter, and The […]

Can Devin Dodge Dendrite to Doxx and Damage Devin’s Cow?

by Paul Alan Levy In pursuit of his frivolous libel suit against Devin Nunes’ Cow and other defendants in Henrico County, Virginia, Congressman Devin Nunes has served subpoenas on Twitter, on a local political consultant, and on a Richmond law firm, demanding information that would provide the identity of the owner of the Devin Nunes’ Cow […]

House passes anti-robocall bill

By a vote of 417-3, the House of Representatives today passed a bill restricting robocalls. The TRACED Act would require phone companies to block robocalls without charging customers any extra money, require most carriers in the U.S. ensure that calls are coming from real numbers, and expand government authority to penalize robocallers. The Hill reports […]

Dept of Education discloses that it tried to collect from even more Corinthian Colleges students — in violation of a court order

The Department of Education stated in a court filing this week that it had pursued 29,000 more former Corinthian Colleges students for federal student loan payments than it had previously identified, despite a court order barring collection. As we noted in a post in October, a federal judge held Education Secretary Betsy DeVos in contempt […]

Combating social security scam phone calls

Consumer reporter Michelle Singletary has just written a column entitled Have you received one of those Social Security scam calls? There’s a new way to report it. He column explains the varied and widespread nature of these scams and that the "Social Security Administration and its Office of the Inspector General (OIG) recently announced a […]