Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/off shore disclosure

Offshore bank accounts–getting riskier

by Linda Beale Offshore bank accounts–getting riskier crossposted with Ataxingmatter As I noted in an earlier posting, the IRS has continued its focus on secret offshore bank accounts. Naturally, the…

Why Is Brazil Ahead of the US…fuel

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

Housing Update

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label