Want a Soft Landing – Be a Bad Bank or a Pretend Startup

ACORN International Banks Corruption India United States

Mumbai           The Adani Group is huge in India. They run ports, airports, construction, and more.  ACORN and many others are toe-to-toe with them over their plans to develop Dharavi, the megaslum in the city center where we have worked for the last more than fifteen years.  Recently, they were in the news for some accounting …

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Redlining is Still a Big Issue, City National Bank in Los Angeles is an Example

ACORN Banks Wade's World

  Pearl River      The crime is redlining, the pernicious policy of banks discriminating against lower income and minority communities particularly in mortgage lending.  And, yes, despite passage of the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA) not only is redlining still happening, but the impacts of its history are still having …

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