Sure, it has been an unusually warm winter for us in New England, but that's not why more than 150 activists took to the streets with snorkels and swimsuits today in the financial district. Sporting goggles, flippers and life preservers, … [Read more...]
Ethos, Pathos, Logos, Dineros
Jaime Dimon, JPMorgan Chase's CEO, suggested today that the new Basel III rules, which will require large banks to hold more capital, were un-American, and that he hopes US bank regulators will not go along with the international banking … [Read more...]
Middle class families vs. big banks
Do we need more proof Washington’s not working for middle class families? We got it once again this week. The big banks and their army of lobbyists couldn’t stop the creation of a new Consumer Financial Protection Bureau, so now they are … [Read more...]
Alliance to Develop Justice Secures Commitments from Elected Officials for Social Justice
The Real Story The headlines are familiar: The economy is fragile, Economists meeting in Denver share gloom as they consider next step, unemployment is high: one in 10 Americans is unemployed - not counting the people whose unemployment … [Read more...]
The president, “Robo Signing,” and you. Why Obama should not sign H.R.3808.
Although the coverage in the press is presented in the context of the ongoing home foreclosure crisis, the practice of "robosigning" is also prevalent in the universe of consumer credit and debt litigation. That is my experience, so that is … [Read more...]
Polito Sees Limited, Focused Treasurer
She did describe the political angle to the office. While she notes that she would come in as an independent treasurer, the office has become a “political catchall.” That is with the lottery, alcohol control board and … [Read more...]
Murphy Wants To Be Aggressive Treasurer
While he and Grossman each propose a half billion dollar fund for such goals, Murphy would like MA to go solo on this. It would require making those safe investment decisions with the pension money, but a fund solely with state money … [Read more...]
Grossman Calls for Activist Treasurer
The last politician I saw show all his cards so early in a campaign was Deval Patrick running for governor. That seemed to work OK for him. As a very successful entrepreneur and top manager of his family business, Grossman Marketing Group, … [Read more...]
Grossman to Banks: Act Responsibly or Lose State Funds
Those criteria are: Loans to small businesses to help grow jobs. "I have been to more than 175 cities and towns so far in the campaign," he said, "and one thing I hear consistently is that while local community banks are helping the … [Read more...]
Its time to Boycott AIG and for Massachusetts to divest any business with AIG.
One would think that Tim Geitner was tied at the hip with the bad boys of AIG as he became the architect of another bad boy bailout system. Is he to close to his friends to be the agent of change and inflict the penalty deserved by such … [Read more...]