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Lawsuits against reverse mortgage companies, including the nation's largest, Financial Freedom Senior Funding, contend that those firms helped pressure older Americans into bad investments.
Charles Duhigg
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Monica Besra, a Bengali woman from a remote Indian village, was reportedly suffering from a malignant ovarian tumor when she went, in 1998, to a hospice founded by Mother Teresa's Missionaries of Charity. Nuns at the mission reportedly placed a medallion with Teresa's image on Besra's abdomen, and the tumor disappeared.
Charles Duhigg
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Cash from a reverse mortgage can be paid out in several ways, including a lump sum, a monthly payment, a line of credit, or a combination of those. If you do not need money right away, it is usually a bad idea to take all the money upfront, since it starts accumulating interest charges immediately.
Charles Duhigg
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I think there's a lot of people who right now are worried that people are going down frivolous paths, like inventing new social networks or new games, instead of inventing the cures for cancer or fundamental technologies that will change the world.
Charles Duhigg
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A huge amount of success in life comes from learning as a child how to make good habits. It's good to help kids understand that when they do certain things habitually, they're reinforcing patterns.
Charles Duhigg
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For years, agency officials said that atrazine in drinking water posed almost no risk to humans or the environment.
Charles Duhigg
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As homeowners see the value of their homes decline, they become more likely to delay purchases of the big items - like automobiles, electronics and home appliances - that are ballasts of the American economy. When those purchases decline, large manufacturing firms, suddenly short on funds, could begin laying off employees.
Charles Duhigg
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As the nation's elderly population grows, dozens of industries have tried to harness the political might of older Americans for corporate goals.
Charles Duhigg
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In California, up to 15 percent of wells in agricultural areas exceed a federal contaminant threshold, according to studies.
Charles Duhigg
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Unlike other sports, which are largely determined by individual athletic ability or team strength, NASCAR requires its competitors to cooperate in order to win.
Charles Duhigg
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When the vast baby-boom generation exploded into adolescence in the 1960s, marketers exulted. Advertising consultants, always eager to coin a phrase, began happily explaining to corporations the difference between 'teenyboppers' and 'counterculture consumers.'
Charles Duhigg
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The waste from power plants is essentially what is left over when you burn coal. And as we all know, coal is a relatively dirty mineral.
Charles Duhigg
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Many environmental advocates argue that agricultural pollution will be reduced only through stronger federal laws.
Charles Duhigg
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It almost goes without saying that when you are a startup, one of the first things you do is you start setting aside money to defend yourself from patent lawsuits, because any successful company, even moderately successful, is going to get hit by a patent lawsuit from someone who's just trying to look for a payout.
Charles Duhigg
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In the past, NASDAQ has defended flash orders.
Charles Duhigg
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Since cowardice must occur at a time and place where an enemy either has already appeared or may yet turn up, servicemen in peacetime - and ordinary civilians - can breathe a sigh of relief. If you are yellow-bellied back home, you're not technically a coward.
Charles Duhigg
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America has always had an apocalyptic strain. Yet it also seems to believe that if, or when, The End comes, it will still come out on top.
Charles Duhigg
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Typically, when there are corporate habits that undermine individuals, it has emerged without any sort of central planning. Nobody sits down and says, 'I'm going to create an evil habit for this corporation.'
Charles Duhigg
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Everyone dies, and before that, most people eventually lose some of their faculties. So some people worry that as marketers get better at targeting the elderly, the line between advertising and unscrupulous manipulation will be harder to discern.
Charles Duhigg
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You can't suddenly say, 'I want a brand new habit tomorrow,' and expect it to be easy and effortless.
Charles Duhigg
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Students in school cheat not to get the 'A,' but to avoid the 'C.'
Charles Duhigg
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Companies are very, very good - better than consumers themselves - at knowing what consumers are actually craving.
Charles Duhigg
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If you need five minutes every hour to look at tweets or to just surf the Internet, you need to schedule that into your schedule, allow yourself to do that. Because when people start procrastinating, what they've done is, they've tried to ignore that urge. They try to deny themselves time on Facebook or time surfing the web.
Charles Duhigg
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Teenagers ultimately don't mind belonging to a group, because there's always the opportunity to eventually become someone new. The elderly, by definition, are running out of opportunities for reinvention.
Charles Duhigg
