Fannie Mae’s Rise and Fall
Interesting history of the pressures and difficulties of being Fannie Mae from the New York Times. Shortly after he became chief executive, Mr. Mudd traveled to the California offices of…
Read moreWells, Wachovia and Sweet, Sweet Deals
During the early days of the financial meltdown, the news was that Wells Fargo Bank was set to acquire teetering Wachovia, but those reports were overshadowed by the news that…
Read moreSanta Barbara Sells Out
This is disappointing. The Santa Barbara County Board of Supervisors approved a measure Tuesday to support offshore oil drilling, decades after an infamous 1969 oil spill coated the coastline and…
Read moreExxonMobil, Shell, Chevron et al Claim Victors’ Spoils
The horsemen of the apocalypse are on the hunt. Here’s the latest news on the pale horses of death: ExxonMobil, Total, Chevron, Shell, et al who have been given preferential…
Read moreLetters From the Middle Class – Intro
On Thursday’s NewsGang Live, Rob LaGesse made the rather sweeping pronouncement that we were “much better off today than we were 30 years ago.” I disagreed. I also thought he…
Read more