Word: mortgagees
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Dates: during 2000-2009
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In her new ad posted Oct. 8, Paris gets tips from the greatest Fake President of our time, Jed Bartlet - better known to those of us who don't obsessively watch West Wing DVDs as actor Martin Sheen. The BFFs share a quiet moment at the kitchen table as a...
The jitters over insurance companies came to public attention this week, when stocks of both MetLife and The Hartford took a pummeling as they announced losses on their investments, particularly in the distressed mortgage sector. And the Wall Street Journal reported Thursday that the two companies had discussed merging, though...
Neither Levine nor Diamond claims that Jewish participants in, say, the sub-prime mortgage crisis have been more virtuous than non-Jews. But both are inclined to analyse it through the lens of Jewish law, especially regarding proper financial disclosure, on which so much of the current fiasco has hinged...
•Bamboozling the "Blind" Much Jewish ethical thought flows out of Leviticus 19:14, which reads "Thou shalt not curse the deaf, nor put a stumbling-block before the blind." From an early date, rabbis expanded this into a general prohibition on bad advice. In time, it became part of...
•Hidden Flaws and the "Reasonable Man" Medieval jurists like Maimonides identified a more specific kind of bad advice. They tackled the idea of the "hidden flaw," which, Levine points out, leads directly to a demand for fiscal disclosure. "If you sell an animal, you had to disclose to the...