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 …

Continue Reading

Bank of America and JP Morgan Chase Fleeing Community in Face of More Accountability

Citizen Wealth Financial Justice Foreclosure

New Orleans    Banks have become either near criminal enterprises or complete criminal enterprises.  This is no longer a matter of speculation.  This is now a documented fact with confessions made in the dock.   Even with the very minimal supervision being given big banks by regulators and the vast loopholes in any banking laws, some are …

Continue Reading

Jane Jacobs Meeting Robert Moses in New Orleans

ACORN Ideas and Issues Organizing

New Orleans    For decades Robert Caro’s Power Broker, a biography of New York City’s parks, ports, bridges, and roads czar Robert Moses, has been required reading for community organizers interested in understanding how power works in cities.  Jane Jacobs of course was the author and planning aficionado best known for her advocacy of human scale …

Continue Reading