Factoid

In a speech earlier this month, Federal Reserve Governor Randall Kroszner explained how a typical 2-28 subprime loan issued in early 2007 might work. He said the interest rate on the loan would start at 7%, then jump to 9.5% after two years. For a typical borrower,...

Quote of the Day

"It’s a poor dog that won’t wag his own tail…" Hilarious. A quote by the late Charles T. Williams of New York, as shared with me by way of a story and associated quote from my amazing mother-in-law Mrs. Janie Sykes Kennedy, who was in turn...

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