How ironic is this? Builder Bernard Glieberman, chairman of the Michigan State Housing Development Authority, getting sued for $100 million for defaulting on loans as banks are foreclosing on his projects all over the country. From The Detroit News: Michigan's housing chief defaults on loans.
Veterans Day is Wednesday. Michigan Radio’s Political Analyst Jack Lessenberry suggests we think a little more about what the day really means.
Wednesday is Veterans Day, which means that the banks will be closed, there won’t be any mail delivery, [...] The state of Michigan is applying for $290 million in federal funds to help set up or fully fund municipal land banks that help local governments take control of foreclosed and abandoned properties. The Detroit News reports:
The Michigan State Housing Development Authority has proposed launching the “New Michigan [...]
Random thoughts from the week:
H1N1 vaccine was sent to Wall Street firms by New York City government health authorities while little children and pregnant women are still waiting in line. We wouldn’t want Barry’s Banks to sneeze now, would we? We all remember what happened last time.But this [...]
