Home theft

By John Stossel Did you know that in some states, if you miss a tax payment, local politicians will take your house, sell it, and keep all the profits? Really. Tawanda Hall was behind on his taxes. She was on a payment plan but had…

Debt can be a killer

The arrest last week of the founder of investment firm Archegos on charges of securities fraud is a stark reminder of the hidden debt. In March 2021, Archegos was overleveraged, allegedly hiding its debt from Wall Street firms as it used…

FCDU credit down 0.7%

Outstanding loans granted by banks' foreign currency depository units (FCDU) amounted to $15.7 billion at the end of December 2021, registering a slight decrease of $115 million, or 0.7% , compared to the end of the prior quarter's FCDU…