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Andrew Kahr

Lenders Put the Lies in Liar's Loans

William K. Black | Posted 05.25.2011 | Business
Read More: Subprime Mortgages, Andrew Kahr, Mortgage Crisis, Mortgage Fraud, Banks, Foreclosure Fraud, Business News
William K. Black

Inducing endemic appraisal fraud is an optimal strategy for a lender that is engaged in "accounting control fraud." Accounting control frauds drove the second phase of the S&L debacle, the Enron era crisis, and the ongoing crisis.

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Today Is the Day to Cut Up Your Credit Cards (VIDEO)

Don McNay | Posted 05.25.2011 | Business
Read More: Capital One, Banking Collapse, Cash Back Offers, Bailout, American College, Andrew Kahr, Banking Products, Ben Bernanke, A Piece of the Action, Winner Take All, The Fed, Bank of America, First Deposit, Christina Binkley, Richmond Ky, Maria Bartiromo, Move Your Money Campaign, Lexington, JP Morgan Chase, Citigroup, Casino-Reward-Cards, Harrahs, Federal Reserve Study of Consumer Finance, Rewards Card, Move Your Money, Kentucky, Don McNay, Joe Nocera, Las Vegas, Dave Ramsey, Credit Cards, JP Morgan, Louisville, Providian, Business News
Don McNay

It never ceases to amaze me how many people think they are smarter than the credit card game. It reminds me of people who are trying to outfox casinos.

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Today Is the Day to Cut Up Your Credit Cards

Don McNay | Posted 05.25.2011 | Business
Read More: Household Finance, Main Street and Wall Street, Chartered Financial Consultant, Banking Collapse, Bailouts, Card Balance, Cnbc, Maria Bartiromo, Injured People, Steve Wynn, Lexington KY, Lottery Winners, Second Mortgages, McNay Settlement Group, Trial Lawyers, Son of a Gambler, Big Brother, Consumer Loans, Gretchen Peters, Bookmaking, Furniture Loans, Andrew Kahr, Mgm, Joe Nocera, MGM Mirage, New York, Fox Business News, Las Vegas, Clu, Dave Ramsey, Louisville, Million Dollar Round Table, India, Credit Card, Sports Betting, A Piece of the Action, Lake Tahoe, Small Business, Credit Card Data, Certified Structured Settlement Consultant, Main Street, Federal Reserve, South Dakota, Bank Products, Christina Binkley, Cincinnati, Betting, Financial Crisis, American College, Personal Finance, Casinos, Msfs, Structured Settlement, Pay Off the Balance, Chfc, Federal Reserve Study of Consumer Finance, Car Loans, Kentucky, Don McNay, Chartered LIfe Underwriter, First Deposit Corporation, Reno, Structured Settlements, Business Books, Cnn, Credit Cards, Subprime Mortgages, Small Town Banks, Vanderbilt University, Bank Bailouts, New York Banks, Eastern Kentucky University, Fox News, New York Times, Harrah's, New York Times Columnists, Cssc, Richmond Ky, Odds Makers, Too Big to Fail, Winner Takes All, Harrahs, Providian, Business News
Don McNay

When three people who know about money go to the extreme of not owning any credit cards, others might want to take note.

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