New Orleans JP Morgan Chase finally agreed to pay a $13 billion fine to compensate for a small part of its mortgage mischief. Experts doing the math and calculating the formula for comparable settlements at 2% of the damage done and then estimating the potential level of bad mortgages sold, believe that Chase might have gotten …
Month: November 2013
Act Fast with the Majority Favoring Some Kind of Immigration Reform
New Orleans Eliseo Medina, a longtime labor organizer and colleague from the Farmworkers to CWA to the SEIU, and a lifelong immigration reform advocate, is living these days on the Washington Mall in a tent with a couple of others on an extended fast in hopes of triggering some pang of conscience from Speaker John …
Bring on the Trust Busters to Stop Comcast and Times-Warner Cable Monopoly!
New Orleans Simple fact: the Justice department cannot allow Comcast to buy Times-Warner cable operations. No way, no how! In fact given the level of untrammeled, anti-competitive monopoly already rampant in the cable industry, which is directly responsible for both widening the internet divide and slowing down internet speeds to globally uncompetitive and exorbitantly …