New Deregulation Bill Will Help Wall Street Steal Cars (Yes Really)

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If an ordinary person committed any of the abuses listed in the Consumer Financial Protection Bureau’s latest complaint against Wells Fargo, other ordinary people might call it “theft,” or “car theft.”

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Alas, Wells Fargo is only considered an ordinary person when it spends money on elections. The rest of the time, it is a too-big-to-fail bank, and improperly relieving its customers of their automobiles is just one of a few “unfair acts and practices” to which it neither admitted nor denied when it agreed to settle a federal investigation on Friday…

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