Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: collateral

collateral stories: 2 news summaries

Russian Banks Foreclose
on Pigs, Lingerie

As defaults soar, banks stuck with weird collateral

Oct 26, 09 6:21 AM CDT
(Newser) - With loan defaults soaring, Russia’s banks have had to seize a lot of collateral lately—and we’re not talking about houses. By year’s end, 20% of Russian loans could be non-performing, by Moody’s estimate. In order to recoup those losses, the banks have accepted controlling stakes... More »

MORE ABOUT:
Russia • bank • credit market • banking • collateral • financial crisis

World Frowns on American For-Profit Bail System

Critics find private system unfair, corrupt; it's also effective

Jan 29, 08 2:28 PM CST
(Newser) - For the rest of the world, America’s bail bonds industry is a horrifying concept. Bail bondsmen are a private, commercial wing of the US justice system, putting up defendants’ bail in exchange for a non-refundable fee, the New York Times explains. To critics, the system is unfair and... More »

MORE ABOUT:
justice system • court • bail • Dog the Bounty Hunter • bail bondsmen • bounty hunter • collateral • defendants

2 Stories


from our news partners