New Orleans I woke up to headlines indicating that the National Fair Housing Alliance has accused Minneapolis-based U.S. Bank of effectively “red lining” blight into largely African-American and Latino neighborhoods in 35 different cities in 15 metropolitan areas. Recently the alliance added New Orleans, Dallas, New Haven, and Hampton Roads, Virginia to an amended complaint [...]
Little Rock There was an interesting piece in the paper about what one commentator jokingly referred to as a “hot bank on bank” story based on First American Bank of Chicago going public and shaming Bank of America and Mastercard for not shutting down and issuing warnings about taxicab machines that were perpetrating debit card [...]
New Orleans There are many small town papers that used to thrive by feeding their readers the daily police reports. These days reading the financial pages is more than an adequate substitute, since every day we seem to get another perp walk in the criminal conspiracy now called modern banking.
Little Rock I hate to say “I told you so,” but of course, I in fact did tell you so, when I recently warned that banks for any reason or no reason at all can refuse to continue to allow you to have a checking account or bounce you out of their customer line. A [...]
Rock Creek The Kindle needed some juice and it was too early in the morning to get the converter humming, so I grabbed a book for a couple of hours that had been gathering dust at home, Revolt on Goose Island: The Chicago Factory Takeover, and What it Says About the Economic Crisis by Kari [...]