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 …
Category: Banks
Redlining is Still a Big Issue, City National Bank in Los Angeles is an Example
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 …
Scamming Made Easy
Marble Falls I went to a Dairy Queen the other day that was on the side of the highway, when I was looking for a bite in the early evening. Strangely, the parking lot was packed with sedans and pickups and, once inside, I felt lucky to get a table a bit after …