New Orleans In the wake of the tragic earthquake in Haiti a “jobs” plan originally requested by the UN and touted by special envoy, former US President Bill Clinton is making the rounds with its claims that it could quickly produce hundreds of thousands of largely textile jobs to assist in the recovery. The plan …
Author: wade
Texas Told You So on TXU Private Equity Rip Off
New Orleans Less than three years ago in 2007 we were all fighting tooth-and-nail to try to stop the big beef of private equity KKR with Henry Kravis, Texas Pacific with David Bonderman, and Goldman Sachs with most of the western world from doing a crazy $50 billion purchase of TXU, the giant public utility, …
Opt Out of Predatory Overdraft Fees
New Orleans Finally Congress does the right thing, or at least some of the right things, and passes credit reform legislation, and now we have the spectacle of the federally bailed out banks desperately trying to hoodwink citizen customers into volunteering to allow their pockets to be picked. Banks have been making $40 billion in …