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A History of Pain

As part of a settlement between the Archdiocese of Chicago and the victims of 30 pedophile priests, a cache of 6000 documents has been made public, detailing the Catholic Church's efforts over many years to cover up sexual abuse and protect accused priests.
posted by reenum on Jan 22, 2014 - 56 comments

 

I Have a Chinese Banknote That Everyone in China Is Scared Of

In China, there are certain "bad notes" that frighten people and are refused as legal tender. Why?
posted by reenum on Jan 16, 2014 - 77 comments

Catch Me If You Can: Real Estate Edition

Ryan Mullen was on the run for over 14 years. Then, a professional skip tracer named Michelle Gomez got on the case.
posted by reenum on Dec 29, 2013 - 20 comments

Where Are the People?

The waning influence of evangelical Christianity can be seen through the story of Orange County's Crystal Cathedral.
posted by reenum on Dec 16, 2013 - 59 comments

I love the smell of francs in the morning

Have you dreamed of owning a money bin a la Scrooge McDuck? Your dreams can now become a reality.
posted by reenum on Dec 13, 2013 - 33 comments

In The Jungle

"Mbube", a song that morphed into "The Lion Sleeps Tonight", illustrates the convoluted legalities surrounding music publishing rights and payments.
posted by reenum on Dec 11, 2013 - 19 comments

A Hundred Bucks Says You Won't Read This Story

Esquire's Chris Jones looks at the old techniques used to make the new US $100 bill.
posted by reenum on Dec 9, 2013 - 50 comments

When To Start Caring About the Powerball Jackpot

Walter Hickey at Business Insider looks at when you should buy a Powerball ticket and whether to take the lump sum or annuity if you win.
posted by reenum on Sep 28, 2013 - 50 comments

Cocaine's A Hell Of A Drug

Sly Stone's history of drug addiction and eccentricity is well known. But, a recent California Court of Appeals ruling details how a series of ill advised business deals left Stone destitute. [more inside]
posted by reenum on Jun 16, 2013 - 41 comments

"I couldn't afford for Carpentersville to become Detroit"

Tom Roeser was unhappy about the decline of his town, Carpentersville, IL. So he decided to do something about it. Roeser bought some foreclosed properties, renovated them, and then rented them out for below market value.
posted by reenum on Apr 2, 2013 - 56 comments

How My Danish Friend Paid Off His Debt By Becoming A Gay Prostitute

How My Danish Friend Paid Off His Debt By Becoming A Gay Prostitute
posted by reenum on Oct 31, 2012 - 51 comments

Rubber Rooms Are Still Open, Just Different

Thought the "rubber rooms" where New York City teachers were sent to wait for disciplinary hearings were closed? Not so much. [more inside]
posted by reenum on Oct 16, 2012 - 32 comments

New Zealand loves its "precious"

In anticipation of "The Hobbit" movie, New Zealand has issued "Lord of the Rings" themed coins that are legal tender.
posted by reenum on Oct 14, 2012 - 92 comments

"During the proceedings, the prosecutor took the time to mention that no other printer in the world could do what Kuhl had done."

Hans-Jurgen Kuhl was able to create "shockingly perfect" copies of the American $100 bill by using his artistic talents to conquer the various security features present in the bill.
posted by reenum on Jul 4, 2012 - 28 comments

In Canada, Alternate Currency Keeps Traction With Fans

Canadian Tire Company coupons, thought of by some as an alternative Canadian currency, may be on the way out. [more inside]
posted by reenum on May 14, 2012 - 63 comments

A whole new meaning for the term "play money"

Canada is introducing a glow in the dark quarter.
posted by reenum on Apr 15, 2012 - 63 comments

The Iced Coffee Economy

Why iced coffee costs so much more than the hot stuff.
posted by reenum on Mar 23, 2012 - 82 comments

The Sugar Daddy Recession

The bad economy has forced some women into arrangements with less than ideal men.
posted by reenum on Mar 13, 2012 - 54 comments

How Much Does an A-list Actor Make ... and Spend?

New York Mag presents the balance sheets of an A-List actor for our perusal.
posted by reenum on Jan 31, 2012 - 176 comments

The Price To Play Its Way

Want your new law school to get accredited by the American Bar Association? Be prepared to jump through some hoops.
posted by reenum on Dec 18, 2011 - 39 comments

Help Wanted: Busybodies With Cameras

People in Korea now have a new vocation available to them: snitching on other civilians for cash payouts from the government.
posted by reenum on Oct 17, 2011 - 83 comments

$2 a Word? Chump Change!

Byliner and The Atavist might be heralding a change in how and how much longform article authors are paid.
posted by reenum on Sep 20, 2011 - 14 comments

Chext

Chext is a site that enables the user to enter transactions and track their bank balance via SMS. People sharing a bank account can also get updates when money is spent from the account by the other person. [more inside]
posted by reenum on Sep 19, 2011 - 30 comments

The Loading Dock Manifesto

John Hyduk, a middle aged blue collar worker in Cleveland, writes about his daily existence.
posted by reenum on Jun 28, 2011 - 46 comments

Addicted To Pawn

When athletes are in financial trouble, they often go to high end pawn shops to get money.
posted by reenum on Jun 24, 2011 - 27 comments

What It's Worth

The Georgetown Center on Education and the Workforce released a study comparing the economic value of different college majors.
posted by reenum on Jun 2, 2011 - 29 comments

Public Schools Charge Kids for Basics, Frills

In the wake of ever deeper budget cuts, public schools have begun charging students for basics, such as registering for honors or elective classes.
posted by reenum on May 26, 2011 - 100 comments

Renting a read from 'newspaper landlords'

The poor in Ethiopia are often unable to buy newspapers, so they 'rent' papers for 20-30 minutes at a time from local entrepreneurs.
posted by reenum on Apr 20, 2011 - 26 comments

The Search for the Securitas Millions

In February 2006, a group of criminals pulled off the biggest cash heist in the history of the UK, making off with £53 million pounds. To date, only £23 million of the money has been recovered. Police are understandably upset about the dead ends in the case.
posted by reenum on Feb 16, 2011 - 12 comments

The King of the Deal

A New Yorker profile of consummate dealmaker Irving 'Swifty' Lazar. [more inside]
posted by reenum on Feb 9, 2011 - 9 comments

The Dead Weight of Debt

"The World", an ambitious real estate project conceived at the height of the real estate boom, is sinking back into the sea.
[more inside]
posted by reenum on Jan 28, 2011 - 34 comments

Honey buns sweeten life for Florida prisoners

Meet the new form of prison currency: Honey buns.
posted by reenum on Jan 10, 2011 - 56 comments

The 25-Year 'Foreclosure From Hell'

Patsy Campbell has been fighting her foreclosure in Florida courts for the past 25 years. She has not made a mortgage payment since 1985 while foiling the efforts of several banks to evict her from her home in Okeechobee, Florida.
posted by reenum on Dec 30, 2010 - 150 comments

We don't want to read about the poors

There is a firestorm in Bedford, New Hampshire, because a parent wants the school board to take the book "Nickel and Dimed: Not Getting By In America" off the reading list for a high school personal finance class. [more inside]
posted by reenum on Dec 14, 2010 - 131 comments

The Decline and Fall of an Ultra Rich Online Gaming Empire

After starring in First Kid with the immortal Sinbad, Brock Pierce was left wondering what to do with the rest of his life. He decided to set out and make his fortune accumulating and selling items in EverQuest and World of Warcraft.
posted by reenum on Dec 10, 2010 - 54 comments

Bargain Junkies Are Beating Retailers at Their Own Game

A new brand of super shoppers use coupons and other discounts to get products for absurdly low prices. The Web has turned this group from a series of independent operators into cohesive groups, frustrating retailers.
posted by reenum on Dec 3, 2010 - 126 comments

Good-bye to Dubai

The once shining beacon of capitalism in the Persian Gulf has lost a lot of its luster since the global financial crisis in 2008. But is it too soon to declare Dubai dead? [more inside]
posted by reenum on Nov 30, 2010 - 43 comments

Bingo In The Blood

The NY Times explores the darker side of bingo.
posted by reenum on Nov 28, 2010 - 46 comments

What $200,000 in Student Debt Looks Like

Kelli went to Northeastern University and got loans to pay for her sociology degree. Her repayment schedule is featured in the article and it is not pretty. [more inside]
posted by reenum on Nov 22, 2010 - 261 comments

The Financial Documents Baseball Doesn't Want You To See

Today, Deadspin leaked financial documents detailing the finances of several MLB teams, including a few that are getting revenue sharing money. They show that several of MLB's "poorest" franchises turned a profit due to these cash infusions. [more inside]
posted by reenum on Aug 26, 2010 - 56 comments

Phantom Debts, Real Anguish

Debt buyers have become a multi-billion dollar industry. They buy old debts and then litigate in an effort to collect with little or no evidence. [more inside]
posted by reenum on Jul 2, 2010 - 18 comments

The Art of Making Money

For almost 20 years, Art Williams, Jr. was one of the country's eminent currency counterfeiters. His greatest achievement: counterfeiting the new (at the time) $100 bill (PDF link). [more inside]
posted by reenum on Jun 4, 2010 - 22 comments

Adnan's World

Adnan Khashoggi was one of the high society news makers in the 80's, considered by some to be on Donald Trump's level. While things have gone alright for the Donald, Khashoggi hasn't done as well... [more inside]
posted by reenum on Dec 14, 2009 - 19 comments

Commie Ball

Cuban players have long been a mainstay in baseball. After Fidel Castro made it impossible for people to leave the island, the flow of players stopped to a drip. That changed with the defection of Rene Arocha in 1991. [more inside]
posted by reenum on Nov 8, 2009 - 4 comments

The Curious Case of Matt Harrington

When people think of the pitfalls of the baseball draft, it is hard not to remember the story of Matt Harrington. Harrington was drafted in the first round of the MLB draft by the Rockies and the Padres in successive years, only to go back into the draft after failing to reach an agreement each time. As the years went by, his stock kept falling. [more inside]
posted by reenum on Nov 3, 2009 - 50 comments

Nails Goes to Wall Street

Lenny Dykstra was lauded for his heroics with the Mets and Philles. After his career, Dykstra became well-known as a post-career athlete success story. Then the truth started coming out... [more inside]
posted by reenum on Oct 27, 2009 - 22 comments

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