New Orleans Congress is debating real limits on the amount of student aid that they will cover on for-profit colleges, since finally they have the memo that too many for-profits are fleecing the students and they are paying the bill both on the front end with $20 billion in student loans and on the back …
Category: Financial Justice
Laissez les Bon Temps de Rouler in Montreal
Montreal The highlight reel of two days in Montreal would have a couple of set pieces. The opening undoubtedly would feature two of our many Francophone leaders from Ottawa ACORN doing the briefing at the Immigrant Workers Center for twenty folks in French to enthusiastic response. Ginelise was from Haiti originally and Pacifique hailed from …
Bank America Pays $110 M More for Countrywide Foreclosures
Toronto Bank of America settled with the U.S. Federal Trade Commission for $110 million to offset the fact that on “hundreds of thousands” of foreclosures Countrywide stole and cheated from people before B of A bought the outfit. Angelo Mozilo, the former head of Countrywide, was once famously quoted in a bit of braggadocio as …