cartoon of a businessman pulling his hair out as he sees a huge book of new regulations.

Mnuchin And Dodd Frank And Trump, Etc.

Shortly After Donald Trump Assumed The Duties Of President: He ordered Treasury Secretary Steven T. Mnuchin to prepare three reports on the financial regulations in the U.S. and then dismantle the Dodd-Frank Act and other strict Banking Regulations.  The first report of 150 pages was released on June 12 and discussed the Dodd-Frank Act. The report […]

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big man holding another upside down by the ankles

IRS Is Now Hiring Debt Collectors

From An IRS Announcement In June 2017: The Internal Revenue Service began a new private collection program of certain overdue federal tax debts selecting four contractors to implement it. A bill passed by Congress in December 2015 requires IRS to use these agencies. The contractors must follow the consumer protections of the Fair Debt Collection […]

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white collar crime

HBO Hits Another Winner For Me

HBO Hits Another Winner For Me Last newsletter I mentioned that DJ and I loved the movie, “Get Out”. This time I want to mention an HBO special, “Wizard of Lies” starring Robert De Niro and Michelle Pfeiffer. You all know the story and the ending, but it is really worth watching if Business movies […]

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bidding on a home, gavel and house concept for home ownership, buying, selling or foreclosure

The Forty Thieves Ride Again

Years Ago, As Myths Go, There Was A Group Of About 40 Investors Who Played The Foreclosure Game In Downtown LA They dominated all the Trustee Sales around town: cheating lenders, real estate agents, the trustors in trouble, and others out of money. Example: There Is A Property That Has A True Value Of $200,000. […]

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