Color of Law: Now the Robber Barons Replace the Welfare Queens (and Rightly So)

robberbarons

Gordon Gecko had a long run of it, but now the party is over. I’m talking, of course, about the character in the film Wall Street, that conniving titan of finance who would sell his mother for a buck and a quarter, and there is scant evidence that he had not already accomplished that goal. […]

The Housing Crisis: Why the Roof Fell In

The Housing Crisis

By now everyone with a roof over his head has heard about the subprime mortgage mess. Understanding why so many homeowners are defaulting on their mortgages or what mortgage foreclosures have to do with the collapse of the housing market, however, is another matter. To get a better grasp of the mortgage mess I called […]

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