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Wells Fargo

Foreclosure protection law set to expire July 1, a bill would keep it in place

Foreclosure protection law set to expire July 1, a bill would keep it in place

By Bob Plain on May 15, 2018

Nearly 10,000 homes went into foreclosure during the mortgage crisis in Rhode Island. Then, in 2013, the General Assembly passed the Foreclosure Reduction Act, which mandated banks to work with homeowners before repossessing property. Since then, the law helped some 600 Rhode Islanders avoid losing their homes. But the Foreclosure Reduction Act is set to […]

Posted in Featured, Housing, State House | Tagged citizens bank, Foreclosure Reduction Act, Messier, metts, mortgage, RI Housing, Wells Fargo | Leave a response

Magaziner uses 'shareholder revolution' to effect progressive change

Magaziner uses ‘shareholder revolution’ to effect progressive change

By Bob Plain on November 30, 2016

General Treasurer Seth Magaziner began pushing some of the corporations the state invests with to be more socially responsible in April. Since then the $8 billion pension fund used its proxy voting power to withhold affirmative votes for either excessive executive compensation or lack of racial or gender diversity on boards of directors from 257 […]

Posted in Economics, Energy, Featured, Inequality | Tagged ConocoPhillips, pension, proxy vote, seth magaziner, shareholder engagement, shareholder resolution, shareholder revolution, Wells Fargo | 4 Responses

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New Comments

  • leftyrite: What a great photograph. Can’t send out for an expression like that. A few people’s dear one,...
  • cailin rua: Class warfare, or, how the upper fifty operates: http://data.treasury.ri.gov...
  • leftyrite: “public-private partnerships” great eye-catcher; sounds intelligent. How about: WE TAKE YOUR...
  • cailin rua: This is interesting: “Pension funds that have invested billions of dollars with KKR are...
  • cailin rua: Hey jgardner, so good to see you still hangin’ out! Some food for thought: “In this tour de...
  • cailin rua: Tom Sgouros, in the Uprise video, says he has been harping on the issue of pension funding since 2005,...
  • jgardner: Just so I understand, a monopsony when it comes to low-wage labor is seen as a negative, but a monopsony...

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