Statistics And Other Lies

The Profits Of Foreclosures

Submitted by Dmitri Davydov on Sun, 2008-03-30 13:00.

NOBODY wins when a home enters foreclosure — neither the borrower, who is evicted, nor the lender, who takes a loss when the home is resold. That’s the conventional wisdom, anyway.

The reality is very different. Behind the scenes in these dramas, a small army of law firms and default servicing companies, who represent mortgage lenders, have been raking in mounting profits. These little-known firms assess legal fees and a host of other charges, calculate what the borrowers owe and draw up the documents required to remove them from their homes.

Winner of Oddest Book Title award goes to self-help book

Submitted by Dmitri Davydov on Sat, 2008-03-29 10:47.

LONDON - Good advice? Maybe. Oddest book title of 2007 - that's official.

Millionaire goes back to McDonald's job

Submitted by Dmitri Davydov on Thu, 2008-03-27 19:27.

A lottery winner has gone back to his old job serving burgers at McDonald's.

Restaurant gives 25 percent discount for bugs found in food

Submitted by Dmitri Davydov on Tue, 2008-03-25 19:21.

DUBAI (Reuters) - A group celebrating a birthday at a Dubai diner were cheered by a 25 percent discount but not necessarily the reason: "Bug on food."

The restaurant cut the bill for seven customers at a birthday dinner after they found four insects crawling around their meals, the Gulf News reported on Tuesday.

"We were surprised when the receipt said 'bug on food' as a reason for the discount. I think they were trying to be funny," it quoted one of the disgruntled customers as saying.

Oprah show sued over 'seat rush'

Submitted by Dmitri Davydov on Sun, 2008-03-23 10:41.

A woman has sued the company behind Oprah Winfrey's TV chat show, claiming she was injured when audience members rushed to find seats at a recording. 

Orit Greenberg has demanded $50,000 (£25,100) in damages after allegedly being pushed down a flight of stairs.

She said this caused her "severe and permanent injuries" and claimed the crowd in the studio was not properly controlled by Harpo Studios staff.

The production company declined to comment on her allegations.

1927-1933 Chart of Pompous Prognosticators

Submitted by Dmitri Davydov on Sat, 2008-03-22 20:07.

Chart locations are an approximate indication only

 

  1. "We will not have any more crashes in our time."
    - John Maynard Keynes in 1927
  2.  

Sex Too Hard to Sell These Days

Submitted by Dmitri Davydov on Sat, 2008-03-15 11:52.

(AP) HAMBURG, Germany - The oldest bordello in Hamburg’s red-light district is shutting down for lack of business, according to newspaper reports published Friday.

The family-run Hotel Luxor, established in 1948, is being sold to an investor and will close down for good next month, madam Waltraud Mehrer said, according to the Hamburg Morgenpost and Bild newspapers.

Vegas Man Paints Car Like Police Cruiser... And It's Not Illegal!

Submitted by Dmitri Davydov on Thu, 2008-03-13 11:10.

Jessie Vigil's black-and-white car sports a red-and-blue emergency bar across the top and the word "police" painted on the doors. Vigil, however, isn't a cop. Law enforcement agencies say what he's done with his car isn't illegal as long as he doesn't act like a police officer.

Are Smart People Drawn To The Arts Or Does Arts Training Make People Smarter?

Submitted by Dmitri Davydov on Tue, 2008-03-11 12:36.

Learning, Arts, and the Brain, a study three years in the making, is the result of research by cognitive neuroscientists from seven leading universities across the United States. In the Dana Consortium study, researchers grappled with a fundamental question: Are smart people drawn to the arts or does arts training make people smarter?

Compulsive Gambler Files $20M Suit Against Casinos

Submitted by Dmitri Davydov on Mon, 2008-03-10 11:17.

ATLANTIC CITY, N.J. (AP) ? She was an ambitious lawyer and TV commentator who starting going to Atlantic City casinos to relax, and soon was getting high-roller treatment that included limousines whisking her to the resort.

Arelia Margarita Taveras says she was even allowed to bring her dog, Sasha, to the blackjack tables, sitting in her purse.

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