Tag: financial

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    Bob Johnson Wants To End Payday Lending

    Robert L. Johnson, founder and chairman of The RLJ Companies and Dr. DeForest B. Soaries, Jr., senior pastor of the First Baptist Church of Lincoln Gardens in Somerset, New Jersey, announced their alliance to reshape the national financial lending climate and help Americans, particularly minorities, pay down consumer debt, increase household…

    Detroit: Emergency Manager Says Financial Crisis Worse than Expected

    Kevyn Orr, the man charged with bringing Detroit back to financial stability said he is surprised at the numbers that will be released on Monday when the Emergency Financial Manager discloses his operating financial plan to the state and the public. The plan is coming out barely two months after Orr took over at city hall to right the financial…

    Deadline set for Detroit to appeal Governor Snyder’s decision

    March 11 has been announced as the official deadline for the city to appeal Governor Snyder’s declaration that Detroit is in a financial emergency.The governor’s latest announcement is one that could lead to the appointment of an emergency financial manager. Not everyone in the city wants to see that happen, and some plan to fight any attempt at…