New Orleans     All last week we endured the media frenzy of Henry Paulson, current of the Treasury Department and formerly of Wall Street, and President Bush, currently in charge of Iraq, but presumably now looking for a job running the Stock Exchange, trying to claim that they were jawboning the industry to provide “relief” …

New Orleans     Based on our experience with several class action suits, ACORN has come to know a little something what is called cy pres money. Cy pres comes from the French expression “cy pres comme possible” meaning “as near as possible.” The derivation comes from the law of charitable trusts and how assets are …

New Orleans     In negotiating with sub-prime companies and mortgage lending servicers and bankers, I have occasionally made the joke about one of the longest weeks of my life was one day in Orange County when several California ACORN leaders, the director of the ACORN Financial Justice Center, the director of counseling for ACORN Housing, …