These include excessive complexity that leaves many seniors befuddled, negative media reports by befuddled journalists, deceptive merchandising by some loan providers, and hostility by AARP to which many seniors look for guidance on financial products.
In days gone by, some loan application forms included, in bold type at the bottom, an excerpt from the criminal law... defining fraud and specifying the penalties for it.
The government-chartered companies make a profit by keeping some loans and earning interest on them, and by repackaging others as mortgage bonds, which are sold to investors.
Mr. Diller also has control over the debt carried by Universal Entertainment, currently $1.6 billion, an amount that Vivendi Universal would like to increase by transferring some loans from its own balance sheet, a person close to the company said.
Banks did wrong by making some loans which should not have been made.
It must raise $250 million by selling stock or equity-backed securities by year's end, with some loans secured by proceeds from asset sales.
The left-wing PRD claimed proof that some loans by a now bust bank went into the ruling PRI's 1994 election chest.
What is more, much of the recent reduction in bad debts is accounted for by the forgiving of some loans to big, "zombie" firms.
By some estimates, loans from a new breed of informal online banks called peer-to-peer lenders did too.
This show, mostly from the Fort Lauderdale holdings but augmented by some outside loans, was organized by William Valerio, curator at the Queens Museum, with the collaboration of Jorge Santis, curator of collections at the Florida museum.
