Monthly Archives: August 2011

Imagining a post-debt America

We are in the midst of a global crackup, Thomas L. Friedman writes in the NY Times this weekend. And at the heart of it lay the very financial problems most of us struggle with every day — credit card bills, foreclosures, and bubbles of all kinds. Who’s cracking up? The EU, as southern countries go belly up; the Middle East, as youth rebellions unseat dictators in countries that have only known dictators; China’s economic theory of undervalued currency and low domestic consumption … As for America, we’ve thrived in recent decades with a credit-consumption-led economy, whereby we maintained a …Read more »

California law firm charged with foreclosure abuse and fraud

The California attorney general is charging the law firm Kramer and Kaslow with “prey(ing) on desperate consumer homeowners facing foreclosure” by selling participation in bogus “mass joinder” lawsuits and “litigation settlement(s),” but “No settlements exist and in some cases no lawsuit has even been filed,” according to Courthouse News reports. To get a feel for this, head on over to Kramer’s site, which proudly proclaims: Kramer & Kaslow is now asserting your legal rights through “mass action” litigation to force the banks to do what they should have done voluntarily and pay for their predatory lending tactics. The old “loss …Read more »

Celebrity evictions: Faye Dunaway in fight with her NY landlord

The New York Times reported earlier this month that actress Faye Dunaway has joined the masses in housing court over a hot dispute with her landlord over whether she’s vacated and the condition of her rented home. Dunaway has a rent-controlled $1,000 per month apartment and the dispute seems to be over whether she actually lives there or in California. Under New York’s rent control law, a tenant doesnt get the controlled rent if she doesn’t live in the city. The actress also claimed the apartment is unibhabitable – hard to believe the rich and famous put up with conditions …Read more »

Tag Cloud

Meta