Page 2 - Pipe Broke News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Appointment took place, we could not be supervising those. there are 20 million people who take payday loans, 20 million, rachel. they often average two weeks and in many cases the interest on those is 400%. because those are not banks, they are nonbanks, we could not supervise them until richard cordray was in place. so this makes a very big difference. and think of the story the president told today when he was there about the elderly couple who was -- had a pipe broke, somebody saw that, took advantage of them, forced them to get a loan they didn't need and almost ruined the entire financia...

And think of the story the president told today when he was there about the elderly couple who was -- had a pipe broke, somebody saw that, took advantage of them, forced them to get a loan they didn't need and almost ruined the entire financial security of that family. that is exactly the family, the exact type of situation that this bureau, this independent consumer watchdog was created to protect people like that and to go after those who would take advantage of them and just simply to put forward straightforward information about fees and interest rates so that people can make wise choices....

Jon: a good thursday morning to you, i'm jon scott. jenna: hi, everybody, i'm jenna leave. we're keeping you guessing today, we're not in the fox newsroom. jon: no we are not. jenna: we had a little type problem. jon: a little plumbing issue. jenna: a pipe broke. we moved studios. we certainly have all the news for you that is "happening now." we are awaiting court action for the notorious boston mob boss turned f.b.i. informant, turned most wanted fugitive just nabbed after 16 years on the run, the f.b.i. catching up with james whitey bull tkpwer in santa monica, california. he took off in 19...