New Orleans Looking at the soaring stock market and the touts’ claims of an improving housing market and corporate profitability, I would have hoped that what I call “citizen wealth” or the average family’s overall income security would have also come back strong. So far, not so much. A big part of the problem …
Category: Citizen Wealth
Community Reinvestment for Non-Bank Financial Institutions
New Orleans A conundrum becomes a contradiction when we look at regulators concerns about the size and operations of huge, non-bank financial institutions that were such a sizeable factor in triggering the Great Recession and find that they are moving to protect the financial system and ignoring citizen and consumer interests. The Treasury Department has …
Stiffing Tenants as a Landlord Business Model
New Orleans Active ACORN campaigns in Canada, Scotland, and Italy focusing on tenant rights and landlord abuses, found me reading in detail a rare report in the New Orleans Times-Picayune about tenant rights, or really the lack of them, in Louisiana and most other states in the USA. The Uniform Landlord and Tenant Act in …