'A Bone to Pick' with Foreclosure Settlement

Foreclosure Settlement, a photo by rbtenorio on Flickr.

First the good news: The government reached a $25 billion settlement with five fat-cat banks (Ally Financial, Bank of America, Citigroup, JP Morgan Chase and Wells Fargo) for their foreclosure practices. Now the bad news: When that money gets divvied up, all that 750,000 or so people who lost their homes will get is a paltry $2,000 check each. Time to issue a howl of protest, in the latest episode of "Capitol Hill Canine"!