September 4, 2008
As I was doing my usual scan of the morning news today, I came across this article at CNN Money: Pick-a-payment loans turn poisonous. Since there’s a lot there to read, I’ll be brief. The article explains how and why people get into trouble with “pick-a-payment” mortgages (a.k.a. option ARMs). As I’ve said here [...]
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September 1, 2008
It’s Labor Day Today is Labor Day and as I sit in the Burlingame Starbucks having a relaxing day off, I realize that I have no idea the reason for Labor Day. To me, Labor Day weekend is the start of the college football season, which I have been waiting for since the end of [...]
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