Despite Jesse Jackson’s warning of an impending “economic tsunami” from the subprime mortgage crisis, the only people marching on Wall Street on Monday afternoon were the business people whizzing past the few dozen protestors chanting “Restructure Loans—Don’t Repossess Homes” on the corner of Broad and Exchange streets.
Most business people strode past picket-wielding demonstrators, Read More
Jesse Jackson’s march on Wall Street to draw attention to the national foreclosure wave starts today at noon, according to Mr. Jackson’s office. We will have more on the march later today.
Meanwhile, the Wall Street Journal reports this morning that the subprime mortgage crisis that sparked the foreclosure wave rivals any Read More
Jesse Jackson plans a Monday march on Wall Street to pressure mortgage lenders to help stem the tide of foreclosures washing over the nation. Crain’s reports that the rally is meant to lean on lenders to restructure loans and set aside more money for their "victims," instead of waiting for more foreclosures.
Barack Obama and Hillary Clinton both have strong Chicago support stemming from their deep roots in the city. So it only makes sense that some of Chicago's most powerful families are torn when it comes to choosing between a presidential candidate.
First, the warring and wealthy Pritzker family projected their fued onto presidential politics. Read More
Sewell Chan goes into the history of congestion pricing.
Eliot Spitzer wants to ban flavored cigarettes.
Allegations that a Spitzer aide bullied a Public Service Commission member are being taken seriously.
Pork projects from the state Senate are here.
The Lee Miringoff Television Show has Read More
I went to Al Sharpton’s radio studio yesterday to watch him chat with Joe Biden, who phoned in to assauge Sharpton by expressing regret over his remark’s describing Barack Obama as “clean” in yesterday’s Observer.
Sharpton welcomed Biden to the program and then praised him for not trying to backtrack or wiggle out of Read More
Has anyone else noticed the weirdly compelling photography that’s been showing up on the City Council’s website lately? Images like the above, and like this one, were captured by William Alatriste, who started out as one of the guys who wrote proclamations for the City Council — an Read More
Hillary Clinton spoke to Wall Street leaders at Jesse Jackson’s conference today.
Not everyone in the legislature is honoring Eliot Spitzer’s self-imposed ban on fund-raisers in the capitol.
Ben wonders if Eliot Spitzer set expectations too high.
The city’s top lawyer went to Albany to argue Read More
Charlie King ended his campaign today, endorsing Andrew Cuomo on the steps of City Hall.
Surrounded by more reporters than have covered his campaign so far, King said he received phone calls from Rev. Jesse Jackson and Rep. Charlie Rangel telling him its time to support the person who is going to win.
Cuomo Read More
The Times re-confirms that Charlie Rangel will retire should the Democrats not gain control of congress, although he believes they will.
Al Sharpton and Jesse Jackson lend their support to Ned Lamont while Joe Lieberman makes an issue of Lamont’s fortune.