New Orleans I have often quoted a line by a former Republican OMB director that we should “never suffer from premature certainty,” and given the disaster that banks, the Treasury Department, the Bush and Obama Administrations, and the servicers have made of the housing crises and its millions of homeowner victims, I almost hesitate [...]
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New Orleans In the depths of the Great Recession it is still shocking to see how oblivious and irresponsible Wells Fargo manages to be every time we turn our heads they seem to be competing with Bank of America for which bank has been most irresponsible in this mess. Now we see that part of [...] Paul Watson takes a bullet New Orleans On the other side of the line there’s still a whining wall about Wikileaks and the end of the world as we know it (and, yes, you atavistic Neanderthals, I do “love Wikileaks” for what they are contributing these days!), but the New Year’s Day release of [...] New Orleans The New York Times zinged out a righteous editorial today to my shock and awe about the fact that something should mitigate the arbitrary and capricious power of banks to unilaterally determine whose business they will take and whose they will not take. In this case they were talking about the [...] John Tanner of SEIU Local 721 New Orleans One disclosure after another leads the news disclosing the bad behavior of banks, servicers, and others in the foreclosure racket, but often to the victim it seems like little more than water hitting the rocks whose impact none of us will survive to see. In recent weeks [...] Orange Beach, Alabama Better late than never, the Attorney Generals of Nevada and Arizona sued Bank of America for “widespread fraud” on the bait and switch of promising that a loan modification is in progress and then foreclosing and selling the house out from under the homeowner at the same time. The Times and [...] |
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