New Orleans There can’t be much joy these days in Bentonville, Arkansas, home of Walmart and its buddies. The litany of woes just keeps piling up. Five consecutive quarters of reduced financial returns has to lead the list. In the land of the 1% you can just about get away with murder if you’re making …
Month: June 2014
Little Change on Foreclosure Modifications but Subprime Loans are Back
New Orleans In the US we are seven years out from the Great Recession, depending on how you count the pain and mark the scars. Homeowners have lost their homes through 7 million foreclosures in that period. More than 9 million homeowners are still underwater, owing more than the value of their homes now, with the banks, like …
Sodexo Stumbles While Squeezing Through Obamacare Loophole
New Orleans Obamacare continues to be contentious with daily reports arguing about the issue from Nobel Prize economist and columnist Paul Krugman’s assessment of the good news to more conservative pundits arguing we are on the verge of huge price shocks coming in the 2015 rating levels. One thing that continues to be indisputable is …