With at least 66.7 percent of the 3,233,000 votes cast in Sunday's presidential election in Honduras counted and reported, it is abundantly clear now that National Party candidate Juan Orlando Hernández is the winner.
Nonprofit board members, leaders, funders, volunteers, donors, and regulators are all in this together, so let's take proactive steps to prevent fraud and ensure that nonprofits are living up to the high standards the public expects and deserves.
Many people step up to act as their parents' (or other loved ones') financial guardians without thinking through the ramifications -- in particular, the serious commitment of time and effort required to manage the finances of a second household.
Bank of America specialized in making mortgages with terms that the loan officers and executives like Mairone knew the borrowers could not possibly service. Fraud was the business model. Foreclosure was the expected result.
I'll stick to a simple rule of thumb. If someone won't put a questionable instruction in writing and there are no clear policies or guidelines to support that instruction, then I'll let my moral compass guide me.
Everyone should be pissed off that this happened. The attorneys generals, Szymoniak's attorneys, homeowners, homeowner advocates, and taxpayers should all be pissed off that an attorney took advantage of a client to essentially walk away with $18 million and accept the title of hero.
One journalist from the mainstream media could save the SBA and all the federal programs to assist the 28 million small business that create over 90 percent of net new jobs in America. Just one. Don't hold your breath.
The long arm of the law has been the slow arm of the law in dealing with the collapse of MF Global, among other Wall Street firms that critics and the Occupy movement blamed for the economic meltdown in 2008.
Ronald Reagan tried to close the SBA by combining it with the Department of Commerce. An old trick in D.C. is to close an agency the public doesn't want closed by saying it's being combining with another agency.
The one and only agency in Washington to assist the 28 million American small businesses is the SBA. The agency is charged with managing the single largest economic stimulus program in U.S. history to assist small businesses.
I know that the public won't find it strange that elite Wall Street lawyers could not muster a single hero while the appraisers produced tens of thousands. The public does not expect much from Wall Street lawyers.
There is strong judicial support for freedom of contract and judicial reluctance to rewrite transactions, especially when no literal falsehood occurred. Assertions of implied falsehood are weaker than proof of an affirmatively stated falsehood.