New Orleans On the eve of the subprime meltdown in 2007 in Orange County, I met with a co-founder and the new CEO, general counsel, and some of the board members of the high flying mortgage player, New Century, along with several ACORN leaders from California, and ACORN’s national housing directors. We listened to crazy …
Category: ACORN
Payroll or Payday Loans? Predatory Rates Sweeping Brazil & Mexico Credit Markets
New Orleans For working families payday loans pretty much define predatory lending. A family desperate for money takes a loan against their next paycheck. In years of campaigns ACORN Canada has won increased regulation of such loans in a number of provinces. The story in the United States where financial institutions of all sizes and …
Kentucky’s Big Sandy Coal Fired Power Plant Brings Memories of Arkansas White Bluff Fight
New Orleans A picture in the Times of “Big Sandy,” the 1100 megawatt coal-fired power plant in Eastern Kentucky being shutdown finally over the next three years by the giant utility company, American Electric Power, brought back memories of a great fight 40 years ago in and around Pine Bluff, Arkansas where what is now …