See . . This . . Movie Calling Charles Ferguson’s “Inside Job” a documentary is like calling The Gettysburg Address a speech. Bar none, it is the clearest, most succinct explanation of the Wall Street-engineered financial crash — whose aftermath we are still very much dealing with — that I have seen. More than a...Read More
Local Elections, National Fundraising “All politics is local.” –Tip O’Neill “Most politics is national.” –Fritz Hollings Former South Carolina Senator Fritz Hollings makes a great case for campaign finance reform. In a piece titled, “Money is a Cancer in Politics,” Hollings notes the oceans of money needed to wage competitive campaigns for Congress today —...Read More
Mozilo Settles With SEC for $68 Million The best way to rob a bank . . . is to own one. There’s a reason why bank robbers — at least the “blue collar” kind — get charged with criminal (prison) rather civil penalties (read, fines): if it were otherwise, they’d just write a check if/when...Read More
Blast from the Past In a sluggish market, the sale — just posted on MLS on Friday — caught my eye: a South Bryn Mawr Colonial listed for $424,900 sold for almost $50k above that. After two months on the market! That didn’t compute, for 3 reasons: 1) there’s a lot of inventory in Bryn...Read More