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A Potential Whammy on Aguirre’s WaMu Suit

By KELLY BENNETT Tuesday, Oct. 14, 2008 City Attorney Mike Aguirre made a big splash last week with his plans to sue Washington Mutual for predatory lending, but questions have been raised whether a local official has the authority to…
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Viewpoint: Extend CRA’s Benefits Beyond Banking

American Banker By Eugene A. Ludwig The following is an excerpt from a speech on corporate social responsibility Mr. Ludwig delivered Sept. 23 at Adelphi University. Many companies today have admirable programs and foundations designed to serve their communities beyond…
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California Is Headed for a Real Fiscal Train Wreck

The Wall Street Journal The state should spend less before calling on Uncle Sam. With credit markets in New York in crisis last week, California Gov. Arnold Schwarzenegger sent an extraordinary letter to Treasury Secretary Henry Paulson asking for $7…
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Viewpoint: Winning Main Street Hearts and Minds

American Banker | Friday, October 24, 2008 By Robert Gnaizda and Jorge Corralejo Last week the secretary of the Treasury and the chairman of the Federal Reserve Board decided to save the American banking industry from its follies by partially…
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Help for Homeowners, at Last?

For all the government’s actions to prop up the markets, credit tightened again last week and stocks sold off worldwide. Rather than confidence, fear of global recession has taken hold – and for good reason.
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Chase Home Lending Heeds Pleas for Foreclosure Relief

By RACHEL RASKIN-ZRIHEN/Times-Herald staff writer www.timesheraldonline.com A leading lender has announced it will impose a temporary foreclosure moratorium following calls by two Solano County government bodies hit hard by the sub-prime mortgage crisis.Chase Home Lending CEO David Lowman announced the…
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The Latest Charity Shakedown

Do you know the color of your donees? The Wall Street Journal What if the Greenlining Institute held a shakedown and nobody paid up? The Berkeley-based outfit invited representatives from America’s top 50 foundations to come to their offices two…
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We Are Trying to Get Charities to Be More Inclusive

The Wall Street Journal Your post-election day editorial attack on community organizers (“The Latest Charity Shakedown,” Nov. 5 – See Below) is inconsistent with the Journal’s recent strong support for transparency and scrutiny of the Wall Street firms that have…
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