Now I wasn’t dumb enough to get into a house
Nor would I have been dumb enough to take out a 2nd mortgage –oops–”HELOC”
And I am esp not dumb enough to do business with Wells Fargo
But I post this just to shed a little more light on the cockroaches.
Question: When is a contract not worth the paper it’s printed on?
Answer: When it contains weasel words so broad in scope that one [...]
Last night, Goldman entered into unchartered territory with its first observations of the student loan bubble in a piece titled “Are Student Loans Driving Consumer Credit Growth?” Most of the observations are nothing new, although author Alec Phillips does bring up one amusing implication of what the soaring student debt may mean in macro terms. Specifically, to Goldman the rise in debt is merely “A more important source of countercyclical [...]
By ROBBIE WHELAN
Keith Mullin’s start-up snack-food company, Gamer Grub, needs cash to become a player.
The San Diego company, which makes bags of high-energy snack food for videogame fanatics, recently struck a promotional partnership to sell its product at stores across the U.S. as part of the launch of “Call of Duty: Modern Warfare 3,” the country’s top-selling videogame. While more than 3,000 stores have agreed to sell the snacks, Mr. Mullin [...]