Orleans Given all of the niggling around the impact of the Occupy Wall Street movement and its impact, it is worth raising some footnotes a little higher on the tally sheet where the results are important, but perhaps unnoticed. Take these recent developments into account. Small example, but telling is that JP Morgan Chase, perhaps …
Tag: Financial Justice
Opposition for the Rich, Support for Activism
New Orleans The polls have to be giving the middle-of-the-roaders and the settle-for-the-best-we-can folks some pause when the lines are hardening against the scandalous income inequality in America wrought by one tax break after another for the rich and the increasing support for the Occupy protests and other expressions of frustration and rage spoken by …
Finding Friends on Microfinance, but Western Union Not so Much
Phoenix Winning any kind of global financial justice for low-and-moderate income families is admittedly a slog, but misery loves company, and I cannot resist keeping you in the loop as ACORN International pushes forward on these campaigns. Good news first. Our report, “Mega Troubles for Microfinance” www.acorninternational.org, picked up some friends in high places, which …
Stealing from Poor Workers
Baltimore Ruth Milkman of UCLA and Nik Theodore of University of Illinois, Chicago are top researchers and obviously savvy enough to put out their study, Broken Promises, Unprotected Workers, as an exclusive to Steve Greenhouse at the Times to get maximum attention to their summary of surveys from over 4000 workers in 2008 which indicates …
Ballot Stuffing at Bank of America
New Orleans Ken Lewis, the CEO and Chairman of Bank America has somehow joined Vikram Pandit of Citi as about the only old bulls of banking still left sitting after the implosion within the financial services industry. It is almost unbelievable that they are still there. Pandit has shed and shuffled board …