By Jason Alderman Good news for people shopping for a mortgage – and for current homeowners facing foreclosure because they can no longer afford their home loan: New mortgage regulations drafted by the Consumer Financial Protection Bureau recently took effect and they provide a slew of new rights and protections for consumers. One of the
loans
How Derivatives Helped Collapse the Economy
on October 9th, 2009
By Thomas J. Powell The following is a fictional example. It never happened, except for in my head. June, 2006 Las Vegas, Nev. There is and always has been stiff competition between Las Vegas casinos. Located miles from the strip, Sin and Tonic Casino relies on clever ideas from their owner, Dale, to increase profits.