September, 2015

Mediacomment: Economics? Does The Media Care?

September 2, 2015 Nemes Random

The crisis in the monetary markets made headings this past week. The pundits gone over why it came about, and how it affects Israel and Israelis. There was a consensus on a few issues.One is that nobody
understands to predict how severe the crisis is. It is not clear whether it is a briefa short-term correction or whether we are in for a long term decline which may seriously impact the world economy and Israel. The second is that the decrease impacts the pockets of nearly all Israelis. The average resident can no longer pay for to disregard the markets for all our savings are connectedconnected to them. Fifty years … Click Here to Read More




September 1, 2015 Nemes Money

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GOP Senators Seek Details On Litigation Finance

September 1, 2015 Nemes Finance

Expressing alarm at the development of “litigation speculation,” 2 leading Republican senators have asked 3 of the biggest litigation finance companies for info about their participation in the civil justice system.

The companies finance the cost of civil litigation in return for a part of any recovery. According to the New York Bar Association, more than $1 billion was bought litigation funding in the US in 2011.

However the growth of the company, and its evident absence of openness, have actually drawn in the attention of Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) and Sen. John Cornyn (R-Texas).

“Litigation speculation is expanding at a disconcerting rate,” they stated Thursday in … Click Here to Read More



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