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With millions of American homeowners living under a Sword of Damocles otherwise known as foreclosure, expect to see more protestors turning out to block evictions and sheriff’s sales.

Rap star Diddy's American Express card number was posted online, TMZ reported Wednesday.

Putting a commission in charge of the bureau would at best produce partisan gridlock, and risks handing the young agency over to financial institutions.

Sony's PlayStation Network has been struck by hackers – again. And the company insists that the intruders did not get access to any credit card details – again.

Consumers are understandably angry that their debit cards and checking accounts will be subject to new fees. No one likes price increases, especially when they appear suddenly and without apparent justification. However, the current backlash against the nation's large banks is misdirected, and the rationale for these new fees is generally misunderstood.

When banks attempt to mark up the transaction involving a dollar, the fee for the service is stark. It stands out in a manner that makes it both obvious and occasionally controversial.

A common theme running through several news items should give bankers pause on their current tactics for arriving at a new regulatory world.

Banks are already in the thrall of a new business model even worse than the utility one: the industry is frozen solid in fear both of relentless credit risk and remorseless regulatory requirements.

There is no doubt that credit unions will see some type of uptick in membership as the result of negative press surrounding the bank fees being handed out like punishments in the wake of the Durbin Amendment's rules, but unless that 80/20 rule (which is often closer to 90/10) has been suspended, a lot of those new members aren't going to be the type who put the "cooperate" in the co-op.

Credit unions have experienced an explosion in severe cyber attacks this year. Here are some tips to help your CU avoid becoming victimized.