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Articles about the work of Winnie Hu

Amalgamated Versus RiteCheck
futureofcapitalism.com

"Criticism Grows as Check-Cashing Stores Expand in Poorer Areas" is the headline on a New York Times article that is one of those damned-if-you-do, damned-if-you don't treatments. When the financial institutions avoid the poor areas, they're accused of "redlining," or discrimination, as in the Bill Dedman-Bill Kovach series that won the Pulitzer Prize for the Atlanta Journal-Constitution in 1989. When they open up shop in the poor areas, they come in for, as the Times article puts it, "renewed criticism from advocates for poor residents and from bank officials, who say the check-cashing industry takes advantage of those who have no other options."

Particularly rich is the criticism of the check-cashing company, RiteCheck, from Amalgamated Bank:

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Food Stamp Cable
smartertimes.com

A Times article about seasonal temporary jobs that the City of New York offers shoveling snow tells about Nadji Colon:

Nadji Colon never saw snow until he arrived in the Bronx in his late 20s from his homeland, Puerto Rico. He found it slushy and unpleasant to pick his way through.

But this winter, it cannot snow enough for him.

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Amalgamated Versus RiteCheck
futureofcapitalism.com

"Criticism Grows as Check-Cashing Stores Expand in Poorer Areas" is the headline on a New York Times article that is one of those damned-if-you-do, damned-if-you don't treatments. When the financial institutions avoid the poor areas, they're accused of "redlining," or discrimination, as in the Bill Dedman-Bill Kovach series that won the Pulitzer Prize for the Atlanta Journal-Constitution in 1989. When they open up shop in the poor areas, they come in for, as the Times article puts it, "renewed criticism from advocates for poor residents and from bank officials, who say the check-cashing industry takes advantage of those who have no other options."

Particularly rich is the criticism of the check-cashing company, RiteCheck, from Amalgamated Bank:

Read More...


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Winnie Hu

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