Private Equity Sabotaging Working Communities

Citizen Wealth Financial Justice Foreclosure

Madison   Auction off tens of thousands of homes during the housing crisis to private equity companies without rules or wherefores other than to offload the problems, despite knowing that private equity operations only care about their bottom line, what could go wrong? Not surprisingly, it turns out, just about everything, and nowhere is this truer …

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Community Reinvestment for Non-Bank Financial Institutions

Citizen Wealth Financial Justice Foreclosure

New Orleans   A conundrum becomes a contradiction when we look at regulators concerns about the size and operations of huge, non-bank financial institutions that were such a sizeable factor in triggering the Great Recession and find that they are moving to protect the financial system and ignoring citizen and consumer interests.   The Treasury Department has …

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