“Honey, I Blew Up the Financial System” Question: What do you call a financial house of cards that’s insured? Answer: an even bigger financial house of cards. Just as portfolio insurance was fingered as a prime culprit in the 1987 stock market crash, another kind of insurance — against credit defaults — is rapidly emerging...Read More
FSBO Mistake #4: Not Proofing the Listing on MLS If you try to fix your own plumbing and screw it up, it might cost you, at most, a thousand bucks or so and a weekend of your time (for clean-up, calling plumbers, etc.) Ditto if you botch fixing your own car. However, if you try...Read More
Many are Text-Messaged . . . Few are Chosen I always thought an unwritten rule of criticizing the SAT’s — (way) back in high school — was that to be credible, you had to have scored well. If you did poorly and were critical . . . it was just sour grapes. Well, in that...Read More
