Economy
Published on 01-16-2012 04:38 PM Number of Views: 945Categories:
Investors are gambling on bitter divorce battles between women and their rich husbands in return for a share of the spoils, it has emerged. Venture capitalists, hedge funds and high-end lenders are putting up money to women who want to fight their husbands in court. In return, the investors take a chunk of the court payouts.
According to The Sunday Times, one company now has loans out to more than 100 'high net worth' spouses - it charges about 20 per cent interest for up-front ...Published on 12-29-2011 07:47 PM Number of Views: 965Categories:
If you're planning on ditching your mortgage payments and letting your home fall into foreclosure, now just may be the time to do it.
Thanks to record long waits for foreclosure reviews this year, 40 percent of homeowners in default have been sitting pretty in their homes for the last two years without paying a dime, CNN Money reports.
And they know exactly what they're doing.
"It is happening and it's happening more frequently," says Chantay Bridges, ...Published on 06-25-2011 02:23 PM Number of Views: 1480Categories:
The Big Fat Greek Gravy Train: A special investigation into the EU-funded culture of greed, tax evasion and scandalous waste
Even on a stiflingly hot summer's day, the Athens underground is a pleasure. It is air-conditioned, with plasma screens to entertain passengers relaxing in cool, cavernous departure halls - and the trains even run on time.
There is another bonus for users of this state-of-the-art rapid transport system: it is, in effect, free for the five ...Published on 02-24-2011 12:38 AM Number of Views: 1293Categories:
Emailed to me by a colleague today. Clearly a humour piece designed not to be taken seriously, but humour only works when it is true at some level.
By Michael Lewis - Feb 15, 2011
Bloomberg Opinion
A surprising number of my fellow citizens appear to be unaware of my service these past 18 months as a member of the Financial Crisis Inquiry Commission.
Thus it may come as news that I have declined to sign the report issued by the majority, or the ...Published on 02-21-2011 02:22 PM Number of Views: 1158Categories:
A pre-credit crunch and housing scam/pyramid television advert that goes a long way in illustrating how guys are put under pressure to get into debt and all for the sake of "getting on the ladder". Obviously, the advert was meant to send the message that it's cool to be in debt and it's cool to live in a home that will take three life times to pay off!
Millions of guys have been put under pressure and left feeling like worthless scum for simply not being feckless like Mr ...
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