Word: armsful
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Is the option adjustable-rate mortgage the next subprime disaster? For anyone who remembers that souring subprime loans kicked off the real estate meltdown, that's a scary thought. Recent analysis from Standard & Poor's (S&P) anticipates that a full 37.5% of such loans (dubbed option ARMs) that were...
How worried should we be? Perhaps very, according to a chart from a recent report by Amherst Securities. The chart shows the dollar value of loans that will undergo a 10% or more jump in monthly payments, an amount that plenty of families would find unaffordable considering nearly 1 in...
My first e-recruiting interview was an abject disaster. My interviewer walked out to get me. We shook hands. We exchanged names. He beckoned me to follow him down the hallway to an office. It was a long hallway, and in my nervousness I was swinging my arms perhaps a...
How polarized is America today? Not all that polarized by historical standards. In 1856, a South Carolina Congressman beat a Massachusetts Senator half to death with his cane in the Senate chamber - and received dozens of new canes from appreciative fans. In 1905, Idaho miners bombed the house of a...
Good question. In fact, it cut to the heart of the Obama-foreign policy frustrations. Clinton's tough talk on Iran got most of the U.S. headlines, but her position on Gaza was far more important to the Islamic participants at Doha, especially the Arabs. The Israelis have stubbornly maintained...