New Orleans On the front page of the papers today there is more drumbeating about the President having yet another meeting with the nation’s top bankers to jawbone them to finally start making loans to small businesses and homeowners. At this point it is hard to even call this jawboning. It’s more like gumming them. …
Category: Financial Justice
Meltdown Accountability Escapees
Dallas Recently fingers once again pointed at the “rating” agencies on Wall Street as one of the meltdown makers who have successfully escaped any real reform in the last year from Congress or the financial world shakers. Wall Street would obviously still believe this is all about them and want to make sure that wheelers …
Shaming Wall Street? Foreclosure Moratorium!
Boston There’s a full moon. The Saints are 11-0 and whipped the New England Patriots like a red-headed stepchild. Now the Treasury Department has announced another new strategy for dealing with foreclosures, given that nothing else has had much of a dent on the problem: shaming. I guess anything is possible these days, but what …