New Orleans Speaking of Hawaii, an item caught my eye the other day about some wild scheme in the islands, which reminded me of the famous TV show of decades ago, called “The Millionaire.” The show’s concept involved a fellow representing a reclusive millionaire named something like John Barsford Tipton, who would cold call a …
Category: Financial Justice
No Foreclosures
New Orleans Not surprisingly, New Century, once almost the king of the subprime lenders, filed for bankruptcy while trying to sell what was not bolted down and laid off about 3000 people or half of their staff. The CEO, Brad Morrice, who Jordan Ash, several ACORN leaders, and I had met along with members of …
Rising Inequity
San Francisco After two straight days of meetings of the Tides Network boards, including the Tides Foundation and the Tides Center, my head seemed to be spinning with numbers. Nonetheless, it was arresting to see the results of the analysis by Professor Emmanuel Saez at UC-Berkeley and his colleague Professor Piketty of the Paris …