Toronto Bank of America settled with the U.S. Federal Trade Commission for $110 million to offset the fact that on “hundreds of thousands” of foreclosures Countrywide stole and cheated from people before B of A bought the outfit. Angelo Mozilo, the former head of Countrywide, was once famously quoted in a bit of braggadocio as …
Month: June 2010
Toronto Tenants Out of the Trick Box
Toronto All afternoon I kept overhearing snippets of conversation about the action with a housing committee at City Hall that evening. It was a deputation? No, it was just lobbying to keep them on track. It was important? No, it was just another exercise in keeping the City of Toronto on track to finally put …
Telephone Monopoly Troubles: Peru & Canada
Toronto It is not often that my friends in Canada are willing to concede that there might be a service in the US that is superior to what exists in the great north, so I was paying careful attention to the torrent of complaints that spewed forth before the beer was even on the table …