Housing Down Until 2009 and Prime Borrowers Struggling to Pay

This week two housing items were released that bode well for buyers, but not so well for sellers. The first is that the CEO of Countrywide Financial believes that a housing rebound won’t surface until at least 2009. The second is that delinquencies by prime borrowers (yes, prime) on second lien loans (e.g., home equity […]

Published or Updated: April 16, 2014

AT&T Activated Just 146,000 iPhones During First Two Days of Sales

AT&T reported that it activated just 146,000 iPhones during the first two days of sales. Analysts had estimated that AT&T would activate between 500,000 and 700,000 on the first weekend. Apple’s shares tumbled 6% during after-hours trading. Apparently, the 354,000 to 554,000 folks who didn’t buy an iPhone the first weekend it hit stores had […]

Published or Updated: March 22, 2012

$54 Million And The Pantsless Plaintiff–Whose to Blame?

This is a story about a man seeking a pound of flesh. If you haven’t heard, on Monday a judge threw out a lawsuit seeking $54 million for a pair of pants that a dry cleaners lost. To make matters worse, the pantsless plaintiff is an Administrative Law Judge. Now, in all fairness to him, […]

Published or Updated: February 14, 2013

Can PF Bloggers Share Too Much?

I ran across an interesting post today at Consumerism Commentary called Wall Street Journal: Managing Money in Public. The post is about a Wall Street Journal article describing the trend of twentysomethings sharing their personal finance information online. I recommend the article, which includes a number of links to sites that enable you to publish […]

Published or Updated: April 16, 2014