Word: crashes
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...been making headlines. No, not the rock band or the cold remedy but the Chicago Board Options Exchange (CBOE) Volatility Index, or VIX, which has been on a wild ride over the past year. The stock market crash set this indicator of volatility soaring to above 80 - for perspective, the VIX has historically averaged around...
...problem the feds face is that the housing crash has created a whole new slew of cases. The first stage of fraud, which helped bring about the crisis, is now being followed by a second as people scheme to buy up foreclosed homes and other properties whose prices have plummeted, or as desperate homeowners hurry to refinance exorbitant mortgages or get their interest rates and principals reduced. As a result, Albritton, who says the task force is also working with industry insiders who can walk agents and prosecutors through the arcane intricacies of mortgage fraud, hopes to clear the decks...
...facing foreclosure, who claim they paid upfront fees as high as $3,000 to have their mortgage terms improved so they could keep their homes. The suit alleges those services, which numerous non-profit organizations will do for free in tandem with lenders, were never delivered. (Read "Despite the Crash in Prices, Affordable Housing Still Lacking...
...pictures of the stock-market crash...
...with a young David Cronenberg, who was then near the start of an exemplarily transgressive career writing and directing meta-horror movies (Shivers, Scanners, The Fly, Naked Lunch) about the body as the ultimate toxic agent. The project was the 1977 Rabid, in which Chambers plays Rose, a car-crash victim who undergoes surgery that forces her to feed on human blood; soon she infects most of Toronto. The notion of a blond-angel porn star as the carrier of a fatal disease seemed like misanthropic science-fiction then. Within a few years, the festering of AIDS would ravage...