Distress, Loan

Proper documentation of the loans was never made

Wednesday lunch time , July 22, 2009.

From a milestone article in the NYT,

Stated simply, the notes that underlie…

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Loan Modification Alert!

Tuesday early evening , July 21, 2009.

I just ran into a startling livinglies post.

I knew there was something…

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Credit card default tsunami

Tuesday late morning , March 17, 2009.

Banks are at it again, tightening credit limits, raising standards, and closing accounts. They have also…

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What’s wrong with the economy?

Thursday late afternoon , January 15, 2009.

Its been 30 long years since chairman Deng Xiaoping decided to open China’s economy to the…

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