AltWeeklies Wire
Seattle's Foreclosure Vulturesnew
A crashing housing market is just another profit opportunity for some scavengers.
Seattle Weekly |
Nina Shapiro |
11-17-2008 |
Economy
Obama's Green Jobs Program Could Leave Canadian Entrepreneurs Out of the Loopnew
If Barack Obama actually does use the financial crisis to sink cash into eco industries, Canada will have squandered a golden opportunity to share the gains.
NOW Magazine |
Andrew Cash |
11-17-2008 |
Economy
From Bank Crisis to Food Crisisnew
According to former agricultural banker Ben Gisin, whose magazine Touch the Soil is chronicling the local foods movement across the nation, the housing-cum-banking crisis foreshadows and ever deeper, looming global catastrophe: massive food shortages.
Boise Weekly |
Tim Andreae |
11-14-2008 |
Economy
Hanging with Trust-Fund Satanists After the Stock Market Crashnew
It may seem strange to worry about unemployed weirdos who have a safety net. But the reality is they are responsible for untold artistic extravagances. Who will produce the cult films, pay for vinyl pressings, or publish slick artsy zines?
New York Press |
Matt Harvey |
11-06-2008 |
Economy
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.
Young Canadians Taking on Record Levels of Debtnew
In an era of stagnant incomes, young Canadians depend on credit to pursue a bare-bones, middle-class life. So are Canada's young borrowers headed for a crisis?
The Georgia Straight |
Pieta Woolley |
11-04-2008 |
Economy
South Carolina Congressman Blames Minorities for Banking Crisisnew
Although last Wednesday's debate between Rep. Henry Brown and his Democratic challenger Linda Ketner lacked the sparks of their previous encounter, the face-off was notable for how Brown blamed poor minorities for the financial crisis.
Charleston City Paper |
D.A. Smith |
10-30-2008 |
Economy
Henry Paulson's Power Grabnew
The new and revised bailout plan will likely be offered to every U.S. bank with more than $500 million in assets, financial experts say.
How'd we get here? Essentially by making Treasury Secretary Henry Paulson God.
Creative Loafing (Charlotte) |
Tara Servatius |
10-29-2008 |
Economy
Contemplating a Charlotte Without Wachovia or Bank of Americanew
Why are we building a center city for the future on a banking industry model of stability that died in the 1980s?
Creative Loafing (Charlotte) |
Tara Servatius |
10-21-2008 |
Economy
In Paulson We Trustnew
Did the treasury secretary let Lehman Brothers fail, exacerbating the nascent crisis, knowing it would punish liberal financier George Soros and benefit his old firm, Goldman Sachs?
Credit Unions Thriving in the Chaotic Economynew
At a time when banks look more like wards of the state than the venerated institutions they once were, it's difficult to imagine that anyone is still happy to lend money. But stodgy, dependable, nonprofit credit unions are still chugging along, approving loans to members at reasonable rates.
Shepherd Express |
Ken Reibel |
10-17-2008 |
Economy
Counselors See Uptick in Couples Fighting Over Moneynew
Many marriage counselors say they've saw signs of economic distress for some time, as couples from every social strata confront and butt heads over job losses, as well as their own liquidity crunch of loan freezes and dried up 401(k)s.
Willamette Week |
Katie Gilbert |
10-16-2008 |
Economy
Wall Street's Crisis is a Crisis of Valuesnew
A system based solely on profit can't help but produce the results we are now witnessing.
East Bay Express |
Jay Youngdahl |
10-15-2008 |
Economy
Stop the Bleeding: A Plan to Bail Out Scared Homeowners
Governments are bailout banks in exchange for equity stakes in their ownership. Why not offer the same deal to troubled homeowners -- let them stay in their homes in exchange for a piece of their deeds?
Nonprofits in a No-Profit Economynew
As the Dow takes a dive, Chicago contemporary arts group Renaissance Society works on its first endowment.
Chicago Reader |
Deanna Isaacs |
10-14-2008 |
Economy
