Page 14 - Predatory Practices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The post- 9/11 g.i. bill. we're building on the executive ordered i issued last year to protect you as you go looking for schools. i said we're going to stand up against dishonest recruiting and predatory practices that target our veterans. we set new standards and so far more than 6,000 schools have signed on and pledged to do right by you and your families. we don't want our veterans cheated. [ applause ] i also said that schools need to step up their support so we're doing more to help our veterans succeed on campus. today we're announcing what we call eight keys to success. specific steps ...

Debt and not getting sort of themselves mixed up in some of these predatory practices that young people have been the target in the past. so had a part of the story is good, right? >> absolutely. during the great recession everybody stopped using their credit cards but particularly those under 35. especially undergraduates as you brought up. in a sense that is good, whenever you hear from a personal financial expert, get some extra money, pay off your credit card debt, but having no credit and misusing credit are two different things and could have potentially difficult implications for our ec...

Judicial. and i asked if the trust permanently lost. >> there are some people think it's term nently lost, that we've been on this trend and americans over time get more cynical. i don't think it's true. i think it's deservedly lost. they have a lot of crisis and catastrophe and crisis. we watched a housing bubble grow that was $8 trillion. and all kinds of predatory practices in the lending market. and no one really got out ahead of it enough to stop the crisis from coming. so in the aftermath of the crisis discredited government, the private sector. i think the distrust a rashl reaction to p...

Congratulationses are in order. the house passed your bill. it moves onto the senate now, is that correct. >> yes, i'm elated about it. because our veterans and ordinarilies need protection and this is going to provide them from protection from being foreclosed upon while they are at war and when they get back. and the other thing that the legislation done is that when a soldier regretfully dies, his widow will be protected from being foreclosed upon. this is very, very significant. >> and what are the penalties here? what is being done in what's written into this legislation to actually make ...

Some developments in the growing scandal of jp morgan's $2 billion debt gone bad. the investigation department has opened an investigation into the loss. the new york bureau of the fbi also apparently involved. meantime, shareholders joined normal americans outside the meeting in tampa today demanding accountability all the way to the top. >> the bank's engaged in a lot of predatory practices, something that might have been illegal. i'm not sure what would have been illegal, but it was never investigated. chase might have lost $2 billion, but i wonder how many will come out of the ceo's pocket...