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Tag: Bailout

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  • Rep. Barney Frank: Brad Sherman “not a very good legislator”

    By Jonah Lowenfeld

    August 7, 2012 | 5:30 pm

    “Superficial.”

    That’s how Rep. Barney Frank (D – Mass.) described the role played in Congress by Rep. Brad Sherman (D – Sherman Oaks) on a conference call with reporters on Aug. 7, organized by Rep. Howard Berman’s (D – Van Nuys) reelection campaign.

    Frank described...

  • Mergers and consolidations for congregations—it’s the economy, stupid [VIDEO]

    By The Web Guy

    December 28, 2008 | 4:03 pm

    Friend of Bloggish Anita Susan Brenner writes:

    This week, Rabbi Eric Yoffie, the leader of the Union for Reform Judaism, suggested that due to the post-Madoff economic crisis, some communities "may no longer be able to afford multiple synagogues." The solution is to merge Reform and...
  • Will recession fuel a return to public schools?

    By Bill Boyarsky

    December 23, 2008 | 10:41 pm

    Throughout the Los Angeles Unified School District, the recession is prompting middle-class parents to take a look at public middle and high schools they have long disdained. Private schools are just too expensive for many people.

    A large number of Jews, whose heritage and culture...

  • Panel discusses strategies for dealing with recession

    By Rachel Heller

    December 22, 2008 | 4:48 pm

    Talking investment strategy might not top everyone's agenda for a bright Sunday morning, but about 75 local residents gathered at Young Israel of Century City on Dec. 21 to do just that.

    The Pico Boulevard synagogue opened its doors to the community for a panel discussion on the...

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  • Is Bernie Madoff Jewish?  Very. Oy.

    By Rob Eshman

    December 12, 2008 | 5:02 pm


    Bernard Madoff at a 2007 roundtable discussion with Justin Fox, Ailsa Roell, Robert A. Schwartz, Muriel Seibert, and Josh Stampfli.

    "It's all just one big lie."

    With those words Bernard Madoff confessed to senior executives of Bernard L. Madoff Investment Securities that the $17...
  • Don’t let the stress of ailing economy kill you

    November 26, 2008 | 6:12 pm

    Downtown Hospital is just a block from Wall Street. Walking through its beefed-up emergency room recently, I came upon Terry Jung, the hospital's very thoughtful head triage nurse. She told me that despite the financial crisis and roller-coaster stock market, the number of patients...
  • Pinched pocketbooks no bar to party planning

    November 13, 2008 | 6:14 pm

    Pinched Pocketbooks NoBar to Party Planning

    Have tough economic times forced you to scale back your child's bar or bat mitzvah party plans? With your 401(k) down, is the ice sculpture out? Is your resetting ARM making you reconsider that 18-piece orchestra?

    If so, you can still have...

  • Alan shrugged

    By Marty Kaplan

    October 13, 2008 | 7:35 pm

    What went wrong?

    Greed is only part of it. Yes, the people who sold subprime loans to unqualified buyers were concerned about their cut, not about ARMs spiking and home prices falling. Yes, the Wall Street wizards who sliced and diced collateralized debt obligations were greedy for...

  • Could economic slump—which means less giving— kill Jewish community innovation?

    By Jacob Berkman

    October 10, 2008 | 12:39 am

    The past decade has seen a groundswell of innovative Jewish nonprofits -- from the birth of a Jewish pop culture magazine, Heeb, to the creation of a slew of trailblazing Jewish social service organizations, to an array of projects that allow Jews to express their Judaism through...
  • Wall Street, Main Street, Jew Street

    By Rob Eshman

    October 8, 2008 | 1:10 am

    I like to believe that as a 21st century American Jew, I'm no more paranoid than necessary.

    But if I hear one more politician extol the virtues of "small towns," I am fixing up a hiding place in my attic.

    If I hear one more pundit bash Wall Street and grow misty over Main Street, I...

  • Will Wall Street crisis spur anti-Semitism?

    By Ben Harris

    October 7, 2008 | 5:35 pm

    NEW YORK (JTA)—In the world according to the comedy writers at “Saturday Night Live,” the pyramid of complicity in the current financial crisis runs like this:

    On the bottom are poor and minority homeowners victimized by predatory lending. Next come condo-flipping yuppies out...

  • Gotcha? You betcha!

    By Marty Kaplan

    October 6, 2008 | 1:44 pm

    John McCain and Sara Palin have been complaining that there's too much "gotcha journalism" going around.

    If only.

    When they say "gotcha journalism," what they're really trying to do, of course, is to demonize journalism itself -- to de-legitimize asking tough questions, and...
  • Dear Mr. Bloggish, send me some dough

    By The Web Guy

    September 26, 2008 | 4:27 am

    Dear Mr. Bloggish:

    I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.

    I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800...