mortgagemess
| 1:30PM 9/08/2009
Richard Fuld knows all too well that he's the poster boy for the meltdown that hit Wall Street a year ago. As chairman and chief executive at Lehman Bros., he faced bitter criticism and rancor last fall for his seeming arrogance and negligence regarding the storied investment bank's exposure to bad...
| 6:00PM 4/10/2009
One in every nine homes is sitting vacant, according to the U.S. Census, as reported by USA Today. That's a lot of darkened windows. Get out your calculator and do a little staggering math.Housing units in the U.S. increased by 8.65 million from 2002 to 2007. During that period, the number of...
| 2:00PM 5/11/2008
When I was about 10 years old, I went to an abandoned property auction at a local self-storage place with my mother. We thought it would be a fun end to a long day of yard-saling. It was anything but. It was cold and rainy, and it was one of the more depressing experiences I've ever had. An old and...