New Orleans The death count has now passed 340 workers in the horrific collapse of the 8-story garment factory in Bangladesh. Buried as well in the latest story in the Times is the understated indictment of another hollow and ineffective outside inspection of these garment plants as part of corporate social responsibility monitoring agreements that …
Month: April 2013
Corporate Failure to Act Effectively Leads to 250 More Deaths in Bangladesh
New Orleans The collective corporate failure to act decisively and preemptively to guarantee safe working conditions in textile supply factories is making a mockery of any and all claims of corporate social responsibility in these industries. Following the death of hundreds by fire in Bangladesh recently, a factory collapsed in recent days marking one of …
Perhaps Some Progress on Payday Lending Rules in USA
New Orleans Payday lenders could not operate without the collaboration of the big money center banks. They are financiers providing the dollars being lent in predatory fashion to desperate lower income families. They are also the loan collectors by facilitating drafting from borrowers’ accounts to service the loans for the payday lenders, sometimes on multiple …