AltWeeklies Wire
San Francisco's Employment Rate is Relatively Good, but Leaders Can Create More Jobsnew
Last month, Mayor Gavin Newsom held a press conference at the upscale hot-dog restaurant Show Dogs, packed it with press and midlevel bureaucrats, showed up late, and then led an endless platitude-fest about his plans to promote jobs in San Francisco.
Hey Obama, Where's the Justice in the Current Economic Crisis?new
Despite the president's promises of change, corporate crooks are still going unpunished for their roles in the financial collapse.
How Federal Home Loan Banks Exacerbated the Banking Meltdownnew
There are plenty of bad guys in the current banking collapse, but I want to introduce you to some unsung villains: the executives running little-known, federally chartered bankers' cooperatives called Federal Home Loan Banks.
Tags: finance, Federal Home Loan Banks
An Investigator Re-Encounters an Old Rival in the Latest Banking Crisisnew
Richard Newsom is campaigning against what he sees as corruption among overseers of America's savings and loan industry. He is perennially, and profanely, annoyed: Regulators today "lack both the stones and the expertise" to rein in rogue bankers, he claims.
Whose Side Are the Angels On?new
A new generation of activists is fighting to clean up the Tenderloin -- frequently dubbed San Francisco's worst neighborhood. The neighborhood’s churches are standing in their way.
Public Transit Agencies May Pay Billions for Risky Deals with Bankersnew
San Francisco is suddenly at risk of paying $140 million to bankers who six years ago convinced the city to use its Muni trains in a $1 billion sham tax shelter. Cities such as Los Angeles, Washington, D.C., and New York are suddenly facing similar potential payouts.
The American Dream's $700 Billion Price Tagnew
The most important lesson of the country's recent financial turmoil has gone untaught: The United States might be better off financially, economically, and socially if it were more like San Francisco and were a nation of renters.
Facing Foreclosure? Con Man Paul Noe II Has a Deal for Younew
A few months ago, Dustanto Lopez got a phone call from someone offering him a tempting, if screwy, deal with a company called United First, Inc. that would supposedly help postpone foreclosure proceedings. What Lopez didn't know was that the president, secretary, treasurer, and director of that recently registered Nevada shell company was a con man.
