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The economy has gotten so bad that even credit card bill collectors are having trouble making a living. True, their referrals are way up. But getting money from people too hard pressed by lost jobs and medical expenses to be easily intimidated by mere phone threats is causing a dramatic change in collection practices.
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Poem of the Week |
Financial Essays |
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"Nowadays, you can't turn on the TV without some talking head telling you about the economy. Yet, in a world overrun by 'analysts,' only one man has the guts, the brains, and, quite frankly, the poetry to put it all in perspective.That man is Michael Silverstein... Silverstein is a true intellectual." — Gersh Kuntzman, The New York Post
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© 2009 Michael Silverstein.
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