New Orleans In talking about Citizen Wealth around the country I’m frequently asked about education and the old saw that education creates income security. Odds are that there is still truth to that, but it was shocking to read how predatory the least slipup can be for students taking on debts for a key to …
Category: Financial Justice
Mortgage Write Downs
New Orleans I’ve been harping on the drastic need for lenders (banks and their buddies) to write down significant parts of the homeowners’ outstanding balance to right size loans and prevent foreclosures, so I read an article in the Wall Street Journal by James Hagerty yesterday with eager anticipation hoping to find the industry was …
Rolling Back Bank Reform
New Orleans When I get really depressed and imagine that somehow the Republicans could come surging back in the White House and the Capitol, because of the inability of the Democrats to really produce, I am reminded that despite their efforts to hijack the Tea Party movement and other initiatives, they still fundamentally don’t get …