The Summer Is Not Over

ProPublica has an excellent summary of this summer's banking scandals.  I've written about several: Libor, money laundering, JPMorgan.  I did miss two: Wells Fargo and Capital One.

Wells Fargo cheated black people to whom they granted a mortgage; they charged them more than white people.  Capital One had two failures this season.  They tried to boost revenues by pressuring their cardholders to buy unnecessary features and charged them a lot for these features.  The bank also violated the law by foreclosing on servicemen.