Wood Wind and Water
Nantucket’s Opera House Cup


North by Northeast CoverTo M&M from WC August 23, 1986


Storm Sailing Cover
Storm Sailing is the most influential book I have read about heavy weather safety and survival at sea on a sail boat. Gary’s story telling, the detailed descriptions, illustrations and photos are a “must read” for any skipper preparing to put to sea. Call 410-263-4630 for availability.


Comeback Cover


Championship Sailing with Gary Jobson
The most comprehensive guide to championship-level sailing has been written, once. This is apparently why there are no others. Call 410-263-4630 for an autographed copy.


Fastnet Force 10


The Perfect Storm Cover


Gary Jobson An American Sailing Story
For an autographed copy call 410-263-4630


29 Leadership Secrets from Jack Welsh


Winning Jack Welsh with Suzy Welch


Liar's Poker Cover


The Big Short Cover

In fact, the mortgage meltdown was allowed to happen by the Federal Reserve, FDIC, OCC and other banking regulators. They are at least 1/3rd guilty for permitting banks to make loans without verifying income.

The lending practice they turned a blind or dumb eye to is a blatant violation of “safe and sound” lending practices. Imagine taking the borrower’s or broker’s word for a FICO score or appraised value? What could be worse? Not verifying that the borrower can make even the first payment. Duh.

If the bank regulators are only 1/3 guilty, where’s the rest of the blame go? 1/3 to borrowers who signed a false mortgage ap. 1/3 to the lenders who institutionalized the practice of inflating income on a mortgage ap to get approved.

Congress could levy a consumer recovery tax on the banks for their 1/3rd, and distribute it as a tax credit to those whose credit reports indicate a causal relationship.

As for getting Greenspan to account and the gov’t to pay 1/3rd back to consumers…”forget it”, I’m told.

— Michael G. Nathans


Building the Public Trust


Shoe Box Credit_cover
“Best kept secret in lending” – John Ulzheimer, Vantage Score