New Orleans Looking at the soaring stock market and the touts’ claims of an improving housing market and corporate profitability, I would have hoped that what I call “citizen wealth” or the average family’s overall income security would have also come back strong. So far, not so much. A big part of the problem …
Month: June 2013
Community Reinvestment for Non-Bank Financial Institutions
New Orleans A conundrum becomes a contradiction when we look at regulators concerns about the size and operations of huge, non-bank financial institutions that were such a sizeable factor in triggering the Great Recession and find that they are moving to protect the financial system and ignoring citizen and consumer interests. The Treasury Department has …
Indian States are Putting More Roadblocks in front of Walmart Expansion
New Orleans Two reports yesterday from Dharmendra Kumar, director of the India FDI Watch Campaign affiliated with ACORN International, point out how far the superstore giants like Walmart, Carrefour, Tesco, and Metro really are from being able to freely enter markets throughout India. This is largely a story that the global business press is missing …