PRECISELY one year ago, we lucky taxpayers took over Fannie Mae and Freddie Mac, the mortgage finance giants that contributed mightily to the wild and crazy home-loan-boom-turned-bust.
If philanthropy is an investment portfolio, an LLC allows dollars to go towards grants, loans, crazy big bets, and everything in between.
Those scenarios can only occur in European competition but the situation at home is just as crazy: when on-loan Gareth Barry was unable to play for Everton against Manchester City, for example, it could be argued that his absence had an impact on not just the game but the title race.
Higher ed is crazy expensive and student loans are not ideal, so look at schools within your budget and also look at FAFSA to see if you qualify for any aid.
Even crazy lenders could not loan more than houses were worth and when prices flattened, there was no new equity to lend against.
"There are so few loans, it's crazy," Mr. Washington said recently.
Since then nearly 4,000 people have been fired and a portfolio of crazy investments in property, distressed loans and private equity has been cut to a manageable $3 billion.
During those boom times, each had banks that went crazy, making so many speculative loans that the banking system was doomed when the bubble burst.
