Michael Hudson looks at lender fraud, corruption
Host Per Fagereng interviews Michael Hudson, Staff Writer at iWatch News about the legacy of corruption that still plagues Bank of America and a pattern of fraud at Countrywide Financial Corp., once the nation’s largest mortgage lender.
Michael Hudson covers business and finance for iWatch News. He has worked as a staff writer at the Roanoke (Va.) Times and the Wall Street Journal. The Columbia Journalism Review called him the reporter who “beat the world on subprime abuses.” His book, The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America--And Spawned a Global Crisis, was named “Book of the Year” by Baltimore City Paper.