New York City Last night at the Citi Dialogues with a mix of bank executives and community based and development organizations, we listened to the chief economist for the bank give us his view of the world. He had just stepped off a plane from china but the discussion was focused on the states. …
Month: March 2008
Write Down Rent with Risk
New York Pinch me, I can’t believe it is happening! The Chairman of the Federal Reserve is everything but calling for write downs of the loan principle by the big banks and others to prevent foreclosures. Which is to say that in these broad hints, Bernanke is actually trying to open the door …
Make A Deal
New Orleans Landing back in Atlanta last night from Bogota all of us were on standby trying to get through the rain and get home were glued to CNN reports on the vote in Vermont, Ohio, and Texas. Obama extended his streak of victories with Vermont, and Clinton came back with a solid win …