New Orleans Packing for the flight to Nairobi over Sunday and Monday, I read with interest a piece in the times about the usual run of charges that companies were charging for use of credit and debit cards outside of the boundaries of the USA covered in the “Your Money” column in the Times by …
Category: Citizen Wealth
Shocking Student Loan Debt
New Orleans In talking about Citizen Wealth around the country I’m frequently asked about education and the old saw that education creates income security. Odds are that there is still truth to that, but it was shocking to read how predatory the least slipup can be for students taking on debts for a key to …
Mortgage Write Downs
New Orleans I’ve been harping on the drastic need for lenders (banks and their buddies) to write down significant parts of the homeowners’ outstanding balance to right size loans and prevent foreclosures, so I read an article in the Wall Street Journal by James Hagerty yesterday with eager anticipation hoping to find the industry was …