An Italian banker, Gilberto Baschiera is considered a modern-day Robin Hood. Over the course of 7 years, he secretly diverted 1 million euros to poorer clients from the wealthy ones so they could qualify for loans. He made no profit and avoided jail in 2018 due to a plea bargain.
loans
A 2001 investigation found that….
A 2001 investigation found that in several cases, payday lenders in California were charging considerably higher rates than loan sharks from the Chicago Outfit organized crime syndicate.
Gilberto Baschiera, an Italian banker…
Gilberto Baschiera, an Italian banker, is considered a modern-day Robin Hood. Over the course of 7 years, he secretly diverted 1 million euros to poorer clients from the wealthy ones so they could qualify for loans.
The word Mortgage is a French Law term…
The word Mortgage is a French Law term meaning “death pledge”. It doesn’t refer to the person (like a pledge to pay until death) or anything sinister like that. It refers to the fact that the deal “dies” either when payments cease or the principle is paid.
Christian, Judaic, and Islamic texts all …
Christian, Judaic, and Islamic texts all ban interest on loans.