Caritas Sale to Cerberus Approved By Massachusetts SJC

The Boston Globe is reporting on “breaking news” that Supreme Judicial Court Justice Francis Spina  held a hearing on the sale of the Caritas Christi Heath Care system to Cerberus Capital Management today. Justice Spina signed-off  on the transaction tranferring the assets of a non-profit entity to a for-profit entity. This was the…

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Senator Eldridge to Refile Bill to Blunt the Citizens United Ruling

The Globe is reporting in a “Political Intelligence”  on-line post by Stephanie Vallejo that State Senator Jamie Eldridge (D) of Acton plans to refile a bill that would lessen the impact in Massachusetts state elections of the U. S. Supreme Court ruling in favor of Citizens United. The recent ruling basically allows…

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More foreclosure fallout

The big national lenders that halted foreclosure activities two weeks ago have now resumed after their self-scrutiny of the documentation related to mortgages that are to be foreclosed. The efficacy of this review is questionable; if it’s anything like the degree of care these same companies brought to granting the…

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