New Orleans Just because we’re chasing them, doesn’t mean that payday lenders are on the run, but recently we got a break that could end up as a fatal blow and perhaps stiffen the backbone and open the eyes of those unwilling to confront the predatory practices that define the business model of payday lenders. …
Month: May 2016
Congress Discriminates Against the Poor on Tax Refunds
New Orleans This one caught me by surprise. Congress managed to sneak through a provision in the tax-cut deal at the end of 2015 that both punishes the poor and privileges predatory products long targeted and increasingly scorned by banks and tax preparers. What’s the deal? Beginning in the 2017 tax season, the new law …
Uber Deal with Machinists is Worrisome
New Orleans Uber, the ride-sharing service, has announced that it has come to an agreement with the International Association of Machinists (IAM) to create a guild or association of some sorts that it will informally recognize for its drivers in New York City. James Conigliaro Jr., the guild founder and assistant director and general counsel …