Community Cost of Foreclosures New Orleans Studies in recent years have indicated that an abandoned house within even a mile of your own home can reduce the value of your home by more than 1% to 2%, depending on the proximity. There is a real and present danger in community deterioration as foreclosures increase, …
Month: January 2009
Why Screw Workers?
Why Screw Workers? New Orleans In the middle of this pronounced and historic recession I cannot help myself from monitoring some of the discordant voices out there about workers and wages these days, as business and government tries to find a place to land. For example, in Lee Scott’s parting shot as CEO …
Clawbacks
Clawbacks New Orleans Citi, Citicorp, Citibank, a division of the US Government, or whatever you might want to call the name of the financial services operation on Park Avenue did a smart, political thing and cut a deal with its major owner and lender to allow clawbacks. Finally, maybe we are getting something for …