Defend democracy in the South.

Banks and Finance

Tar Heel Power Brokers

February 10, 2015 - In a new report, "Tar Heel Power Brokers," Facing South/Institute for Southern Studies ranks the top 101 most influential special interests in North Carolina politics through a combination of lobbying power and political spending in N.C. state-level elections. These four interactive graphics tell the story of these power brokers' influence in state government.

Bankers gone wild (again)

November 14, 2014 - With North Carolina-based Bank of America and other big banks in trouble again -- this time over pursuing consumer debts that aren't legally collectable and manipulating foreign currency markets -- isn't it time for the Justice Department to stop allowing corporations to evade prosecution?

To dodge law, high-cost lender offers cash for free

September 5, 2013 - After several Texas cities passed laws banned certain high-cost lending practices, a company called TitleMax found a way around them: It's giving away cash for free to lure in customers who can then find themselves stuck with loans that have annual interest rates as high as 310 percent.