Money and Computing
Woman of Note: Sheila Bair, head of the FDIC
Robert Frost liked to say that a banker is someone who gives you an umbrella when the sun is shining and takes it away when it starts to rain. Well, we set out to prove that adage wrong at IndyMac bank. During the time we were conservator, we restructured loans for over 13,000 families to keep them in their homes. more »
PBS' Close to Home: Chronicling the Recession's Impact on NYC's Tony Upper East Side
Despite expectations that this neighborhood is a secure bastion of privilege, these days, when clients get in the chair, they offer a window into the country in recession: Some are broke, others don't have a plan, and they're all looking to commiserate. more »
A psychological study about retirement
The study's authors refer to this transition between career and complete retirement as "bridge employment," which can be a part-time job, self-employment or a temporary job. more »
How Reverse Mortgage Lenders Put Older Homeowners’ Equity at Risk
"The greatest threat looms over millions of low income seniors with significant amounts of home equity. While some of these homeowners genuinely need access to their built-up equity, that need can make them especially vulnerable to bad advice from brokers and loan officers out to put the most money in their own pockets, and in the coffers of lenders and investors." more »
