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...this data could include the average FICO score of the borrowers, location of the property, the loan-to-value ratio of the loan, and whether the property is occupied. And, arguably, in the event faith is restored in the AAA-rated ABS market, liquidity for lower rated ABS may follow suit...
...south London or Wormwood Scrubs ("the Scrubs") in the city's west already look grim on the outside. Their even starker interiors can be viewed by arrangement with the police - just throw a brick through a jeweler's window to get their attention. Any fan sufficiently dedicated to follow this procedure won't flinch from the dreary pilgrimage to two other Rumpole haunts: the Uxbridge Magistrates' Court and the supremely ordinary south London suburb of Penge, site of one of our hero's greatest triumphs: the Penge Bungalow Murders...
...Follow TIME on Twitter...
...Unemployment lags by a quarter or two, but the jobs picture should begin to improve by the end of the year. But, that is a classic recession and the economy as it is moving now, may not follow a pattern that looks anything like what it has done in the past. It may not even share many traits with The Great Depression. This downturn is likely to be sui generis...
...China is not pleased. That, at least, is the assertion of a new book written by a group of Chinese authors who list their grievances with how China is being treated in the world today. Unhappy China, released this month, is a follow-up to the 1996 work China Can Say No, a nationalist bestseller that complained about the influence of the West and the U.S. in particular on China. Thirteen years later, the authors of Unhappy China point to the protests along the route of the Olympic flame, complaints about pollution from China by Western nations that consume...