Tag: ethos and mortgages
Ethics, Mortgages, and Evolution
The NY Times published this article yesterday that examines the ethos of our culture as it relates to homeowner’s who are confronting a home that is now worth less than their mortgage. When I read it I began to think about how our social fabric has evolved along with financial markets. Fifty years ago a [...]
Posted: January 8th, 2010 under Credit Crisis.
Tags: ethos and mortgages, is there an ethical problem with foreclosure?, moral obliagation to repay mortgage?, shouldI feel oblgiated to repay moy mortgage?
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