New Orleans Yes, I use Facebook, and as a tool for work and communication, I have found Facebook to have value. Ease of use and access, make it a useful means for people to slip a note over the electronic transom, find you, and move forward. Facebook doesn’t make revolutions, change the world, or anything [...]
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New Orleans Corporate governance and stockholder voting and input are largely boardroom jokes and swallows of hypocritical placebos used to dupe the “biscuit cookers,” what’s left of small investors, and the general public, all of which makes it nice to see some real life examples of sleeping giants stirring to action and delivering some stockholder [...] Wen Jiabao New Orleans Are you kidding me? The Chinese Premier Wen Jiabao called for breaking up the banks because they are making too much money and charging too much interest. It turned out he was actually calling for breaking up banks in China, rather than elsewhere, but how refreshing to have a head of [...] Baton Rouge Years into the Great Recession, after the Big Bailout, and one thing after another, there is still no relief on foreclosures, a steady attack on the still shaky, less than adequate Dodd-Frank act, lawsuits accusing most of the bailed out banks of Madoff mischief, big bank profits, and seemingly no one with [...] New Orleans Way back in the New York Times business section in sort of a snarky article by a ProPublica report (a nonprofit NYT outsourcer) a dangerous curtain was raised on the supposedly tough negotiations between the state attorneys general and the big banks about mortgage loan modifications. Seems on an okey-doke, wink-and-a-nod, the [...] subprime mortgage securitization New Orleans On ESPN’s Sportscenter during the seasons they have a feature called “Come on!” in which they feature unbelievable or bonehead plays. We need that in other fields of public life and politics. Reading about the efforts of banks like Wells Fargo and JP Morgan Chase along with the various [...] |
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