More bad paperwork (Lucy Nicholson/REUTERS)
Michael and Pamela Negrea, of Cleveland suburb Eastlake, Ohio, have never missed a mortgage payment. Yet their mortgage company, GMAC, has tried to foreclose on their house, not once, but three times. And GMAC is still trying to haul the couple out of their house.
It’s one of the incredible …
He owns one of the largest beer companies in the U.S., and yet he drinks coffee out of Styrofoam cups—and then rinses the cups out so he can reuse them.
Use the coupon code SAFFOCT for online purchases, or follow this link (thanks Buxr) for a printable coupon that gives 25% off a single item purchased at Sports Authority. The discount is valid for purchases made by October 25.
The arguments for becoming a cash-only consumer are well-known: Dishing out actual greenbacks feels more real than swiping a credit or debit card, and, say proponents of the cash-only lifestyle, as you count out the dollars and see them being taken away by a store cashier, you’re forced to pause, think—then, hopefully, reconsider—as …
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Or is it the impression that cops have about the people who own certain kinds of cars? Regardless, if you’re driving a Hummer or a Mercedes SL, you’re far more likely to be pulled over than the average driver. Then again, if you’ve been riding around in such a conspicuous and expensive vehicle, you probably want to be noticed—and that …
The new credit card regulations passed over the last 18 months not only caused their share of unintended consequences (soaring interest rates, for one), they also had their share of loopholes that left consumers vulnerable. Now, the Federal Reserve is trying to close one loophole being taken advantage of by so-called “fee harvesters,” a …
Next to Mao, Ben looks sad (Petar Kujundzic/REUTERS)
The chorus of voices criticizing China’s stubborn resistance to reforming its controversial currency regime and allowing the yuan to appreciate keeps getting louder. Outrage in Washington has been growing, the European Union recently called on China to let the yuan rise, and even …
Foreclosure-gate is getting uglier by the day (Carlos Barria/REUTERS)
More and more, Foreclosure-gate is looking like the housing bust’s Enron.
One of the amazing developments of the unraveling of the financial crisis has been the fact that there have been so few people we can actually point to and say without a doubt that guy or gal …
Bernanke critics are on the attack (Joe Raedle/Getty Images)
What is the most likely cause of civil unrest today? Immigration. Gay marriage. Abortion. The results of Election Day. The mosque at Ground Zero. Nope.
Try the Federal Reserve. Nov. 3 is when the Federal Reserve’s next policy committee meeting ends, and if you thought this …
I was just saying the other day that there really aren’t enough hip-hop-spaghetti-western-fusion music videos featuring Consumer Financial Protection Bureau chief Elizabeth Warren. And then I ran across “A Sheriff Warren Rap.”
Whodathunkit, right?
