Two Black Friday related issues.
The first is Ethan Trex’ A Brief History of Black Friday (Mental Floss). Ethan disposes of the myth that the name reflects when Retailers “Get in the Black”:
“According to researchers, the name “Black Friday” dates back to Philadelphia in the mid-1960s. The Friday in question [...]
Buried in Peter Goodman's 2,300-word tale of Christopher Hall's foreclosure woes is a gem of a program in Philadelphia:
Under the rules adopted by Philadelphia’s primary civil court, no owner-occupied house may be foreclosed on and sold by the sheriff’s office before a “conciliation conference,” a face-to-face meeting between the [...]
Back in July we wrote about a foreclosure assistance program that was specific to the city of Philadelphia — a program that seemed to be generating far better results than other foreclosure-prevention efforts. Nearly some six months later, Philly’s “Residential Mortgage Foreclosure Diversion Pilot Program” is back in the [...]
The Glide Path Option
November 6, 2009November 30, 2009
By John Mauldin
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I have been in South America this week, speaking nine times in five days, interspersed with lots of [...]
