Yes, the whole mortgage-backed securities thing ended up not working out. But what if we buy up all the foreclosed homes and package them together as securities instead. No need to thank me, this idea is free of charge.
But seriously, investors buying up hundreds or thousands of Detroit homes in one fell swoop? [...]

I’m starting to think that the country would run a lot smoother if my parents were in charge of Congress.   And I don’t mean house speakers or committee chairs or anything, I mean, everything that congress did would have to be run by them.  Want to put a bill to a floor vote?  As long [...]

Once, back in college, while rushing to get a number of things done before heading to my night job painting offices at the local bank, I decided that my schedule was sufficiently crunched to require me to combine a trip to the john and a full dinner.
Yes, I dined whilst on the can.
I remember this [...]