Main St. and $200 Billion Dollar Sovereign Wealth Fund Investments in Homeownership

Robert Gnaizda
General Counsel
510-926-4006 office
robertg@greenlining.org

Preeti Vissa
Community Reinvestment
510-926-4022 office
preetiv@greenlining.org

Berkeley, CA – Today, in response to the strong opposition from Main St. and the heavy Congressional criticism of the $700 billion dollar bailout, Greenlining Institute has proposed to the Secretary of the Treasury and the federal banking regulators an alternative or supplement to any future bailout. The proposal entitled the “$200 Billion Dollar Sovereign Wealth Fund Investment in Homeownership” could be headed by the two most respected Americans knowledgeable about housing and investments, Sheila Bair the Chair of the FDIC (listed by Forbes magazine as the most powerful woman in the United States) and Warren Buffet, the world’s most respected investor. Continue reading “Main St. and $200 Billion Dollar Sovereign Wealth Fund Investments in Homeownership”

Main Street Homeowners Propose 150-Day Moratorium and Cap on CEO Compensation as Part of One Trillion Dollar Wall Street Bail-out

Contacts:
Robert Gnaizda
General Counsel
510-926-4006 office
robertg@greenlining.org
Orson Aguilar
Incoming Executive Director
510-926-4004 office
orsona@greenlining.org

Main Street Homeowners Propose 150-Day Moratorium and Cap on CEO Compensation as Part of One Trillion Dollar Wall Street Bail-out

Berkeley, CA – Today, September 22, 2008, The Greenlining Institute called for a 150-day foreclosure moratorium and a cap on CEO compensation to be included in the Bernanke/Paulson one trillion dollar bail-out of Wall Street (see attached letter to Bernanke and Paulson.) Continue reading “Main Street Homeowners Propose 150-Day Moratorium and Cap on CEO Compensation as Part of One Trillion Dollar Wall Street Bail-out”

Last Public Hearing on Edison’s Three Billion Dollar Rate Hike Being Held in Compton After Community Demands Respect

Contacts:        Thalia González
Senior Legal Counsel
510-926-4002 / thaliag@greenlining.org
Matthew Haney
Legal Associate
510-926-4014 / matthewh@greenlining.org


LAST PUBLIC HEARING on Edison’s Three Billion Dollar Rate Hike BEINg HELD IN COMPTON AFTER COMMUNITY demands respect

Berkeley, CA – The California Public Utilities Commission is holding the last in its series of public hearings after numerous community members demanded the opportunity to be heard publically on their concerns regarding Southern California Edison’s application $2.898 billion dollar in increased revenue during a recession.    Continue reading “Last Public Hearing on Edison’s Three Billion Dollar Rate Hike Being Held in Compton After Community Demands Respect”

Foundation Leaders, Tri-Caucus Chairs, Announce New Project to Strengthen Support for Minority and Low-Income Communities

CONTACT:
Daniel Silverman
James Irvine Foundation
415.356.9934
Mike Welch
Office of Assemblymember
Joe Coto
916.319.2023


Foundation Leaders, Tri-Caucus Chairs, Announce New Project to Strengthen Support for Minority and Low-Income Communities

Sacramento ? A coalition of ten large California foundations joined with the chairs of the three ethnic legislative caucuses to announce a pathbreaking project designed to strengthen nonprofit organizations serving low-income and minority communities. The foundations will work together over a multi-year period to make grants that provide capacity building support and technical assistance targeted to minority-led and grassroots, community-based organizations that primarily serve minority and low-income communities in California. In addition, the foundations intend to provide support for leadership development activities that will bolster and train a diverse pipeline of executives, staff and board members for the nonprofit and philanthropic sectors. Continue reading “Foundation Leaders, Tri-Caucus Chairs, Announce New Project to Strengthen Support for Minority and Low-Income Communities”