Final Note - Most Recent


Bernanke gives lectures on gold standard

Mar 20, 2012
The Federal Reserve chairman went back to the classroom today.
Posted In: Ben Bernanke

Treasury turns $25 billion profit from mortgage securities

Mar 19, 2012
The U.S. Treasury has profited from buying mortgage-backed securities during the financial crisis.
Posted In: U.S. Treasury, mortgage crisis, mortgage-backed securities

Italian mayor bans death

Mar 15, 2012
Giulio Cesare Fava has forbidden his residents to die, "because the cemetery is running out of room."

Remembering the Encyclopedia Britannica

Mar 14, 2012
The paper version of the encyclopedia was killed off by its publisher yesterday, in order to focus on its digital editions.
Posted In: Encyclopedia Britannica, Books

White House keeps state dinner wine list a secret

Mar 13, 2012
The wine list for the state dinner this week with British Prime Minister David Cameron isn't exactly classified, but nobody's talkin' about it.
Posted In: wine, white house

How much productivity will be lost during March Madness?

Mar 12, 2012
It's a pretty big number, but it also won't matter much in the grand scheme of things.
Posted In: Sports, college sports, NCAA, basketball, March Madness, productivity

Harold Camping apologizes for end-of-world predictions

Mar 9, 2012
The preacher who has predicted the end of the world many times over finally acknowledges that he was wrong.
Posted In: Harold Camping

Forbes names top female self-made billionaires

Mar 8, 2012
The youngest woman on the list, Sara Blakely, has a great background story.
Posted In: Forbes, female, Entrepreneur, Oprah Winfrey, Meg Whitman, Sara Blakely

Want $2.50 a gallon gas? Try $187 billion in subsidies

Mar 7, 2012
The Atlantic magazine does the math to see if Newt Gingrich's $2.50-a-gallon gas proposal is possible.
Posted In: gas prices

Lehman Brothers emerges from bankruptcy

Mar 6, 2012
The company said it will start paying back its creditors next month. Investors can begin buying shares.
Posted In: Lehman Brothers


About this collection

A near billion dollar company, World Finance is the largest of an often-overlooked breed of high-cost lender: installment lenders. Ranging from a few hundred to a few thousand dollars, the loans typically last anywhere from six months to three years. The industry boasts millions of customers and over 4,000 locations across at least 19 states, mostly in the south and Midwest, and touts the product as a consumer-friendly alternative to payday loans. World and its competitors gouge borrowers with unnecessary insurance products and persuade their customers to renew their loans over and over again, creating a cycle of debt that often grinds on for years.