Word: mortgagee
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Lots of trouble has been hitting lately, with private-equity loans turning sour, AAA-rated subprime mortgage securities turning into junk, and all manner of other bets going bad. This ought to make it easier to figure out just who in the money business knows what he's doing. Which...
Their non-military exploits were more ambitious still. For the convenience of the monied pilgrims they chaperoned through hostile turf, the Templars developed a system whereby they left their wealth and lands at the disposal of a Templar institution at home, in exchange for a coded invoice that was then...
And how. Ask a parent who has tried to buy tickets for her tour, which sold out in minutes and have fetched more than $1,000 from scalpers. (The reselling--legal in most states--prompted outrage and lawsuits, giving kids a lesson in the American pillars of capitalism and litigation...
Following this summer’s subprime mortgage crisis, undergraduates interested in careers in finance say they don’t have the same opportunities as students in previous years.
The internship gave her a sense of security, she said, adding that when the mortgage crisis hit while she was interning over the summer, she was concerned it could affect her firm’s ability to extend full-time offers.