Items Tagged with 'racism'


  • Monday Morning Cup of Coffee: Elon Musk settles with SEC, steps down as Tesla chairman

    Plus, former Ocwen exec coughs up cash for insider trading, CFPB official is blasted for racism
    Securities fraud, insider trading and allegations of racism inside the CFPB – we’ve got a solid dose of drama to kick off your week. Read about the details of Elon Musk’s settlement with the SEC – and the hefty fine he and Tesla will pay to wronged investors. Plus, a former Ocwen exec pays the price for insider trading, and a CFPB official suffers serious backlash from his colleagues when racists blog posts emerge from his past.
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  • GAO takes up investigation into discrimination at CFPB

    Non-partisan investigation comes at request of House Republicans
    The Government Accountability Office will look into the CFPB’s organizational culture and management practices in light of allegations that bureau managers are discriminating against employees based on race and gender and retaliating against employees who complain.
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  • What’s missing in mortgage settlements?

    Too many homeowners are falling through the cracks
    A simple way to create greater access and transparency would be to require banks to publicly disclose data about which communities and homeowners are helped under a settlement. This transparency is important because while some of the most predatory mortgages were targeted to poorer neighborhoods and communities of color, the homeowners in these communities are now receiving less help to avoid foreclosure.
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  • Here’s what Donald Sterling did that’s far worse than what he said

    L.A. Clippers owner/LA landlord sued not once but twice
    This rush to blacklist (sorry) and purge and burn the witches every time someone deviates from mandatory and approved opinions and speech is uglier than anything it’s intended to curb. That goes for Sterling just like it goes for Mozilla’s ousted CEO. It doesn’t matter if it’s purging the politically incorrect today, or blacklisting leftists in Hollywood in the 1950s.
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