Showing posts with label Portfolio magazine. Show all posts
Showing posts with label Portfolio magazine. Show all posts

Monday, November 05, 2007

Financial humor

If so, please check out this month's "back story" from the November issue of Conde Nast Portfolio magazine. The piece I refer to is called the "2005 SUBPRIME-MORTGAGE APPLICATION"

Note the free bank check at the bottom of the page with inscription, 

"DUPLICATE AS NEEDED".

Portfolio is a new and inspired business periodical. I give its creators plaudits not only because I cackled for five minutes after reading the aforementioned spoof on lax mortgage underwriting practices, but also because this magazine contains incisive stories, fine writing and an attractive layout.

It is likely to succeed in an already crowded space.

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HUMBLE UPDATE -- FEBRUARY 1, 2015

Though I never posted anything about this print publication afterward, the magazine announced its closing back on April 27, 2009. 

So much for my prediction. -- JJM

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Fifty Year Mortgages? An awful idea.

The WSJ editorial team nailed it today:  https://www.wsj.com/opinion/50-year-mortgage-donald-trump-bill-pulte-housing-prices-5ca2417b?st=N1W...