Category: Consumer protection

The unexpected hanging: Part 2, Too many banks here anyway

24 July, 2015 (10:00) | Austria, Banking, Consumer protection, Currency risk, Eurozone, Global news, Homeownership, Lending, Mortgages, Risk, Swiss franc | No comments

[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday’s Part 1 told half the story of an Austrian homeowner and acquaintance of columnist/ pundit David Frum. as described six months ago in The Atlantic (January 29, 2015), whose astonishment at being assessed a €12,000 mandatory loan prepayment demand, because though paid in Euros and […]

The unexpected hanging: Part 1, Before it was pushed

23 July, 2015 (10:00) | Austria, Banking, Consumer protection, Currency risk, Eurozone, Global news, Homeownership, Lending, Mortgages, Risk, Swiss franc | No comments

By: David A. Smith The man was sentenced on Saturday. “The hanging will take place at noon,” said the judge to the prisoner, “on one of the seven days of next week. But you will not know which day it is until you are so informed on the morning of the day of the hanging.” […]

Mrs. Pyrrhus’s victory

31 October, 2014 (09:00) | Cambridge, Chapter 93A, Consumer protection, Home improvement, Just-a-Start, Litigation, Nonprofits, Renovation |

Proving that even litigation must eventually end, the legal dispute between Cambridge homeowner Shirley Graham and Cambridge non-profit Just-A-Start Corporation has finally closed; as reported in the Cambridge Chronicle (October 15, 2014): Shirley Graham before her house at 48 Kinnaird Street, Cambridge Just-A-Start cleared in Cambridge lawsuit By Erin Baldassari October 15, 2014 It was […]

Month in Review: May, 2013, Part 2: the bad news

19 July, 2013 (09:00) | Apartments, Bonds, Boston, Building Codes, Chapter 93A, China, Consumer protection, Enforcement, Eurozone, Foreclosure, Harrisburg, Litigation, Month in review, Nonprofits, Pensions, Renovation, Spain, Student housing |

[Continued from yesterday’s Part 1.]   By:David A. Smith   As we saw yesterday, May was a month with quite a bit of good news, though a misanthrope can find human behavior to mock even then, though genuine bitterness and anger are reserved for human folly that compounds human suffering, such as in the Eurozone.  […]

Month in Review: May, 2013, Part 1: the good news

18 July, 2013 (09:00) | Apartments, Bonds, Boston, Building Codes, Chapter 93A, China, Consumer protection, Enforcement, Eurozone, Foreclosure, Harrisburg, Litigation, Month in review, Nonprofits, Pensions, Renovation, Spain, Student housing |

By:David A. Smith   [Previous Month in Reviews available here: Apr 13, Mar 13, Feb 13, Jan 13]   Nobody knows the troubles we’ve seen   As America’s residential real estate market returns to normal, having passed the trough and slowly moving upward, once again appear the ‘equilibrium market’ stories of people who taken too […]