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 Issue of February 12, 2007 
   
Cities, State Get The Last Laugh
The Boston Globe ran a story last Monday detailing all of the jokes that late-night comedians and pundits from across the nation were making at Boston’s expense over the so-called overreaction to the marketing campaign that caused a large-scale antiterrorism response in the Hub and other local cities.
Lending Statutes Need Updating
By Thomas M. Callahan
Ripped from today’s newspapers: “Foreclosure Filings Hit Record Levels.” “One in Four Borrowers Get High-Cost Loans.” Most observers believe these two headlines should be joined at the hip. But have our laws kept up with our mortgage lending markets?

Appeals Court Decisions Shake Security Interests for Lenders
By Melvin S. Hoffman
In two very recent decisions, Collins v. Greater Atlantic Mortgage Corporation , et als (In re Lazarus), and Ostrander v. Gardner and Furman (In re Millivision), the U.S. Court of Appeals for the First Circuit seems have proclaimed the end of the era of liberal statutory interpretation with respect to trustee avoidance actions under the U.S. Bankruptcy Code.

Check and Balance
Banker & Tradesman's political cartoon.
Guarding the Gate
By John Jaser
What is the current value of a human identity? An Australian man found out recently when he auctioned his own identity on eBay.



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