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Tag: corporations

Foreclosure

The law firm of Steven J. Baum, based in Buffalo, NY, represents many of the major banks in their foreclosure proceedings against homeowners. As described by the New York Times, they recently settled a lawsuit by the Justice Department, for $2 million, because the firm had “filed misleading pleadings, affidavits, and mortgage assignments in the [...] Read more »

Corporations & Public Good

Two paragraphs from a VERY thought-provoking diary:
The market theory is that corporations make money by meeting human needs, and the more needs they meet, the more money they make, so corporate profitability is a social good.  This theory is at least 100 years out of date.  Corporations don’t make money by  meeting human needs–or at [...] Read more »