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The Weekend Desk Report

By The Beachwood Weekend Desk B Team
Editor’s Note: Natasha Julius is back on the road again in her never-ending quest to better herself and our world through a series of secret initiatives that may or may not be revealed one day. We’ll fill in and keep our eyes on the news for you for the next 48 hours.
Immigration Reform
Border crossings reverse.
Brought To You By Skil
Power tools and the CIA.


Public Degradations
We can’t even have an honest debate about iPhone apps; how can we have one about health care?
Wells Bells
“A new lawsuit has been filed against Wells Fargo & Co. over its home equity line practices, adding to a growing list of litigation against the mortgage lender for which class action status is being sought,” the ABA Journal reports.
“Homeowner Michael Hickman contends that Wells Fargo is using inaccurate computerized appraisals to obtain artificially low property valuations that justify reducing the equity lines of credit that many rely on for relatively low-cost financing, reports the Associated Press. Meanwhile, Wells Fargo has benefited from a $25 billion taxpayer-funded federal bailout that was supposed to help improve access to credit for consumers says attorney Jay Edelson, who filed the suit in Illinois.”
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Illinois Attorney General Lisa Madigan has also filed suit against Wells Fargo for allegedly discriminating against black and Latino borrowers, following this report in the Chicago Reporter
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The private sector can’t even run the mortgage business, how can they be expected to run health care?
Cubs Crud
Unless the Ricketts family’s deal to buy the Cubs includes forcing Sam Zell to take Alfonso Soriano and Milton Bradley with him when he goes, it is highly unlikely to make a smidgen of difference on the field until the entire outfield retires.
Birthdays
Tori Amos is 46; Valerie Harper is 69.
TFLN
“(978): one more question, do you know why i woke up with 5 pounds of quarters, nickels and dimes in my pocket?”
Mmm, Vienna Beef . . .


The Weekend Desk Update Line: 24/7/365.

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Posted on August 22, 2009