Minneapolis ACORN has been going hammer and tong with subprime companies, mortgage servicers, banks, securitizers, and everyone in between for the last 18 months. We have been Cassandra yelling about the coming doom that everyone denied until finally conceding that 3.5M households are in danger of foreclosures. The Treasury Department and the industry have …
Month: April 2008
Tactical Disaster
New Orleans The dispute between the California Nurses Association, AFL-CIO, and the Service Employees International Union has bitter roots in California and unfortunately is spreading elsewhere in the country. Rose Ann DeMoro, the CNA chief has been an purist on many issues and with a broad brush has tried to paint SEIU as evil, …
Riveting
New Orleans The Titanic went down 96 years ago and the arguments continue. A story running around the world in recent days seems to provide another clue: the rivets in the bow and some other areas were sub-par. Naval archivists and others have determined that some of the rivets were made of iron (the …