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 …
Tag: John Grayken
Robber Barons behind Payday Lending and Their Enablers
New Orleans In trying to take a close look at payday lenders, we’re always interested in who the money bags are behind these predatory lenders who are feasting on lower income and desperate families. It’s not a pretty picture and the perhaps the worst snapshot comes from looking at one of the world’s big outfits, …