How can Billion Dollar Fines be Little More Than Water off a Duck’s Back?

Citizen Wealth Financial Justice Foreclosure

New Orleans   I hate to admit it, but to me a billion dollars still seems like a whole lot of money.  Unfortunately, I’m afraid saying so makes me hopelessly hide bound and old school.             Why?             Because the government seems to be passing out billion dollar fines like candy to banks, utility companies, oil …

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Banks Shirking Responsibility for Foreclosed Property Maintenance

ACORN Citizen Wealth Foreclosure

New Orleans  I woke up to headlines indicating that the National Fair Housing Alliance has accused Minneapolis-based U.S. Bank of effectively “red lining” blight into largely African-American and Latino neighborhoods in 35 different cities in 15 metropolitan areas.  Recently the alliance added New Orleans, Dallas, New Haven, and Hampton Roads, Virginia to an amended complaint …

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