News

    Michigan Gov. Rick Snyder (hereandnow.wbur.org)

Gov. Snyder Enacts Changes to Michigan Unemployment Insurance


By: DAWSON BELL
Published: December 19, 2011

Gov. Rick Snyder this afternoon signed a package of legislation to restructure Michigan’s unemployment and workers compensation insurance systems, changes he said would “ensure their solvency and integrity.”

The bills, approved earlier this month by the Legislature, authorize the issuance of revenue bonds to pay off the state’s $3 billion federal unemployment insurance debt.


(acelebrationofwomen.org)

Five US Banks Accused of Deceptive Foreclosure Practices

By: ARTHUR DELANEY
Published: December 1, 2011


Massachusetts Attorney General Martha Coakley is suing five of the nation's biggest banks for deceptive foreclosure and mortgage modification practices, her office announced Thursday.

Coakley's suit signals her formal departure from ongoing settlement negotiations between those banks, the Obama administration and a coalition of other state AGs over faulty foreclosure procedures.