Shreveport An article in the NY Times asked a number of interesting questions about the $350 million IPO (Initial public offering) for SKS Microfinance including the push-out of the nonprofits by private investors, the use of the new money the nonprofits will still make along with where it will go and who will run it, …
Category: Financial Justice
Power and Farce of Credit Scores
New Orleans Joe Nocera, the “Talking Business” columnist for the New York Times wrote a “peoples” piece today, which is worth a couple of atta-boys! The whole problem of home mortgages and the ridiculous power of credit scores (FICO scores) could be the subject of whole books for the scam involved and the damage done, …
Energy Politics in California: PG&E versus Chevron
San Francisco After a day of meetings by chance I was invited to sit in as a guest for a while at a monthly dinner on Mission at La Corneta of an ad hoc group of seasoned labor activists and organizers. After a while Mike Miller threw a topic on the table that everyone jumped …