If you want to know why we are experiencing an all-out assault on the part of banks in the form of abuses with respect to credit cards, CNBC’s production, “House of Cards,” provides an excellent introduction to this subject, at least partially (greed). Wall Street, and its regulators, failed. A period of exuberance, during which [...]
Posts Tagged ‘economy’
What an Amazing Discovery: I Found a Banker With Brains and Scruples
Thanks to “M,” who contacted me directly with a referral to a great site, I made an amazing discovery this morning: There exists a banker with brains and scruples. Such a sighting is extremely rare, as most of you who are regular readers already know. Many of them have brains, don’t get me wrong, that’s [...]
The rest of us, along with our children, and grandchildren, will pay, and pay, and pay.
This classified ad in the Smoky Mountain News (September 23-29, 2009, Vol, 11, Issue 17) caught my eye this morning (I have removed the phone number):
Let’s see, if a “similar lot” was $70k “not more than 9 months ago,” but now worth $24,900 (assuming enough similarity to be considered a comparable in a real estate [...]


