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...meager interest in converting homes into rentals. "We're in the lending business," says Chase spokesman Tom Kelly. "We're not really equipped to be landlords." Lenders are sitting on nearly half a million repossessed houses nationwide, but getting rid of them quickly, even if that means taking a hit on price, seems to be the preferred response. A recent presentation by the head of Chase's retail-financial-services division showed that the company's servicing portfolio went from having about 52,000 repossessed homes in September 2008 to some 30,000 in September 2009. Over that period...
Note to execs: It's safe to hit "Send" again...
Still, legal experts say executives and others could end up getting bitten when they hit "Reply." Law professor Richard Painter of the University of Minnesota says e-mail will continue to be admitted as evidence and play an important role, particularly in white-collar prosecutions. "The fact of the matter is that people say things they shouldn't by e-mail," says Painter. "So as long as we continue to use e-mail, you are going to see it in cases...
...normal run-of-the-mill band drama continued. Tomo Lazovich ’11, a Crimson IT editor, announced that he was quitting “The Quarky Bullfrogs” after their failure to get through a song. “We were 99 percent of a one-hit wonder,” he said...
...much as we all love DHAs, unfortunately they were not identified as items that made crew members row faster, softball players hit better, or tennis players rip more backhand winners,” said Robert A. Glatz ’88, executive director for Harvard varsity clubs...