Prior to the pandemic, we settled a commercial foreclosure action for $6,425,000.00. It was a seller-financed transaction, meaning that the buyer “borrowed” the money from the seller to purchase the property (no money was actually exchanged) and gave the seller a mortgage and signed a promissory note. No bank was involved. We never represent banks. … Read more
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With the emergency Order closing the NYS Courts to all but a very limited number of truly essential matters, our resources have been freed to help in a crucial legal battle literally involving the rights of inmates to live or die when (not if) the government acknowledges that the coronavirus has filled New York’s prison … Read more
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We lost a client to coronavirus on Friday. He was a good man, a pharmacist who continued working despite the risk to himself from interacting with sick patients. He left behind a wonderful family. Obviously they are devastated. Last week his daughter told me that he was hospitalized and on oxygen, and seemed to be … Read more
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The other day a reporter named Natalie Wolcholver from LifesLittleMysteries.com called me out of the blue and asked whether a person could be sued for $1 million dollars for slapping someone. We ended up having an interesting conversation.
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Insider dealing at the expense of homeowners and taxpayers continues, and the financial incentives for most types of mortgage-related fraud will be unaffected by the recent $26 billion dollar federal/state foreclosure fraud settlement.
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Contesting Jobless Claims Becomes a Boom Industry – New York Times http://www.nytimes.com/2010/04/04/us/04talx.html?hp According to the New York Times article, a company called Talx handles more than 30 percent of the nation’s requests for jobless benefits. Talx was acquired three years ago by Equifax, the credit-rating giant, for $1.4 billion. Equifax’s ownership of Talx creates a clear … Read more
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Business Week, “The Disposable Worker – Pay is falling, benefits are vanishing, and no one’s job is secure. How companies are making the era of the temp more than temporary” http://www.businessweek.com/print/magazine/content/10_03/b4163032935448.htm
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For detailed information, read the Rolling Stone article, “Wall Street’s Bailout Hustle – Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another crash” http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle/1
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Read the New York Times Article: “Growth of Unpaid Internships May Be Illegal, Officials Say” http://www.nytimes.com/2010/04/03/business/03intern.html?src=me&ref=general
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GREAT WEALTH IS: 1. Nearly always an accident of birth; 2. Virtually unobtainable through legal and ethical hard work; 3. Often amassed through crimes and human rights abuses; 4. Protected by “democratic” governments above all else; 5. Tremendously expensive to protect; 6. Protected with tax dollars paid by the rest of society; 7. Least needy … Read more
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The New Poor – For-Profit Schools Cashing In on Recession and Federal Aid – NYTimes.com Commercial trade schools are under fire because they are attracting more students and Pell grants. http://www.nytimes.com/2010/03/14/business/14schools.html?ref=homepage&src=me&pagewanted=all
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http://play.rhapsody.com/jb-lenoir/the-very-best-of/deep-in-debt-blues
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