Thursday's Quote of the Day
"Hereby cancelled, voided, avoided, nullified, set aside and is of no further force and effect" - Just in case anyone missed that, a New York judge rips up an unfair $500,000 debt.
An ailing couple who fell into negative equity - "under water" in the US - went to court expecting to be evicted after interest and penalties on their mortgage took their debts to $500,000 (about £300,000). But as the bank had rejected their every attempt to settle the debt, the judge branded the bank "repulsive" and wiped their slate clean.
More details (Times)