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Tag: Laura Gottesdiener

Could a New Equity Empire Spark the Next Housing Crisis?

Laura Gottesdiener talks with “Democracy Now!” about her TomDispatch article on the team-up of big banks and private equity firms to bundle rental property mortgages into a new financial product called “rental-backed securities.”

Posted on Apr 10, 2014 READ MORE



When Predatory Equity Hit the Big Apple

Private equity firms are partnering with big banks to bundle mortgages on more than 200,000 rental homes across the country bought up in the foreclosure crisis into a new financial product known as “rental-backed securities.” New York City has been a private equity playground for the last decade, and the result, unsurprisingly, has been a disaster for tenants and the market alike.

Posted on Apr 8, 2014 READ MORE



Now You See Me

Growing up in a well-heeled suburban community, I absorbed our society’s distaste for dissent long before I was old enough to grasp just what was being dismissed, which is why I traveled thousands of miles to a Zapatista “organizing school” in the heart of the Lacandon jungle in southeastern Mexico to try to sort out just what I’d been missing.

Posted on Jan 24, 2014 READ MORE



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The Empire Strikes Back

A whole new get-rich-quick scheme is brewing beneath the fanfare of the nation’s hyped housing recovery.

Posted on Nov 26, 2013 READ MORE



Ivan McClellan Photography (CC BY 2.0)

The Landscape of Wall Street’s Creative Destruction

It’s May 2012 and we’re in Woodlawn, a largely African American neighborhood on the South Side of Chicago. The goal of the HIT Squad, short for Housing Identification and Target, is to map blighted, bank-owned homes with overdue property taxes and neighbors angry enough about the destruction of their neighborhood to consider supporting a plan to repossess on the repossessors.

Posted on Aug 2, 2013 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

How a Bunch of Liberal Groups Are Trying to Kill the Filibuster and Citizens United

This week on Truthdig Radio in association with KPFK: The progressive plot to save representative democracy, China’s retirement bomb, Republican junk science, and doping in sports.

Posted on Jan 18, 2013 READ MORE


How a Bunch of Liberal Groups Are Trying to Kill the Filibuster and Citizens United

This week on Truthdig Radio in association with KPFK: The progressive plot to save representative democracy, China’s retirement bomb, Republican junk science, and doping in sports.

Posted on Jan 18, 2013 READ MORE


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