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And then there was the retired postal worker, a picture-perfect grandmother.
NPR: Libby Jury Selection Includes Some Surprises
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Securitisation created a serious agency problem, leaving loan originators, who were paid up-front, with no incentive to avoid bad credits and every reason to piggyback inappropriate products onto good ones (in one particularly depressing tale, a retired postal worker whose mortgage is almost paid off is switched to an interest-only product that leaves him in danger of losing his home).
ECONOMIST: The credit crunch
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Named after postal worker Rudolph Hass, who purchased the seedling in 1926 from a California farmer, the distinctive purplish-black fruit has a thicker skin and smaller body than other varieties.
NPR: What's in a Name? The Avocado Story