Word: consumerization
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"We're identifying lending-industry situations in FICO Score Trends that to our knowledge have never been seen before," said Mark Greene, CEO of FICO, in the report. "Economic instability is creating unknown risk in lenders' credit portfolios as well as counter-intuitive trends in consumer behavior."
However, Scott Bilker, a consumer-credit expert who runs the website DebtSmart.com, says you should pause before following the pack. He says the diminished view of the housing market is causing some people to walk away from their house too quickly. Defaulting on your home loan, like defaulting on your...
In his Oscar-nominated film Food Inc., Robert Kenner took on the American food industry and revealed how industrial production is making the nation less healthy. With Fast Food Nation author Eric Schlosser as a co-producer and Omnivore's Dilemma author Michael Pollan as a consultant, Kenner's film...
You were inspired to make this film after reading Fast Food Nation. How were your expectations of the industry different from what you eventually learned? I had wanted to do a documentary on Fast Food Nation, but people said, Wasn't the Morgan Spurlock film, Super Size Me the documentary...
JAN BERTOFT, of the Swedish Consumer's Association, on the European Union's approval of the use of thrombin, a product that can glue pieces of meat together to make a single slab