New Orleans An analyst believes the exposure for Bank of America on its foreclosure mess and incompetence could be as high as $70 billion USD. Bank stocks fell across the board. Other reports finally reveal what the slapdash servicing arms of the banks were hiring what they called “Burger King Kids” who insiders now admit …
Month: October 2010
Soweto Kinch, Dharavi Rocks, and the Blue Frog
Mumbai One of the more unusual, and innovative, of the programs associated with ACORN Inte rnational and ACORN India’s organizing of the Dharavi Project with ragpickers in this huge mega-slum has been a partnership called “Dharavi Rocks” between our ACORN Foundation (India) and the Blue Frog jazz club in the central part of …
Global Public Sector Crisis and Clawbacks
Mumbai It’s one thing to read the headlines about general strikes in France around the push up of retirement age for public service workers, but flipping the channels on BBC World News, which is the benchmark in India and elsewhere, I get the sense all of Europe is marching behind a union of protest as …