New Orleans In Congressional hearings vetting the President’s nominee, Tom Wheeler, as the new Chair of the Federal Communications Commission (FCC) there seems to be little hope that we will get the progress needed in creating national standards for higher speed internet connections or a reduction of the digital divide. Wheeler was quoted yesterday stating …
Category: Financial Justice
Moving Living Wages into Legislation
New Orleans Congressman Al Green from Houston was raised in New Orleans so he generously jumped at the chance to come over to address Local 100 United Labor Unions leaders from Texas, Arkansas, and Louisiana at the closing of our annual leadership conference. In talking about issues for veterans, immigrants, minorities, the infirm, workers, and …
Another Billion in Subprime Losses for Wells Fargo and Ocwen
New Orleans A billion here, a billion there, and the next thing you know, you’re talking about real money. This is another line on the headstone of the subprime mortgage industry that was such a key player in the Great Recession. News that investors took another unexpected loss of a billion bucks in these tranches …