New Orleans No matter how jaded we might be about the ways and means that the deep pockets of philanthropies muscle up and try to force their will on desperate grant seekers, the article in the Wall Street Journal by Matthew Dolan, “Revival Bid Pits Donor Against Detroit,” was a shocking tale of arrogance, elitism, …
Tag: wsj
Foreclosure Modifications, Killed by the Cure
New York City When the Inspector General of the Treasury Department starts agreeing with me that the Treasury Department and the banks are totally messing up the HAMP – Housing Modification Program – you just know it must be terrible! And it is…according to a recent report in the Wall Street Journal by Jessica Silver-Greenberg: …
Wikileaks Complex Financial and Organizational Structure
New Orleans I realize this might seem to be a contrarian position, but as an organizer I totally understand – and support — the complex and intricate structure devised by Julian Assange and his associates at Wikileaks. I realize there is some uproar and even internal dissension among the Wikileakers about some of the decisions …
Shocking Student Loan Debt
New Orleans In talking about Citizen Wealth around the country I’m frequently asked about education and the old saw that education creates income security. Odds are that there is still truth to that, but it was shocking to read how predatory the least slipup can be for students taking on debts for a key to …
Pampered, Rich, Lazy Bankers Dis Prez
New Orleans The meeting between a dozen big bankers and President Obama was just for show anyway, but three of the big dawgs were too trifling to make it from New York to DC for cryeye because of fog. The three scofflaws were Goldman Sachs, the poster child for banking excess, Citigroup, the face of …