A co-worker recently asked me about "instant messaging". I told him that the only instant messaging that I do is with my middle finger. (Illustration not necessary.) In a move that other states may take note of, North Carolina, the N.C. Office of the Commissioner of Banks (NCCOB) is sending...
It is one of the small ironies of the subprime crisis that the very competition that private mortgage insurers thought was ruining their bottom line may have actually saved their hide. Just a little over two years ago - August 9, 2005 to be exact - we wrote about the panic in the headquarters of many...