December 29th, 2009 
admin 
The Boston Globe opinion op-ed: For Hyatt, a difficult decision in trying times begs that in this season of good will toward all, that we corporate and leisure travelers forgive Boston General Manager Phil Stamm and his epic PR bungle of coldly firing its veteran housekeeping staff and replacing it with non-benefit temporary workers – because come-on, after the story broke THEN they tried to do the right thing! If people don’t forget his bungle soon (and stop the children from picketing his hotel) you might put his job in jeopardy and Mr. Stamm for one does not want to see that happen…
The NPR story: Walking Away From The House She Can Afford profiles Heather Baker who is in the process of strategically defaulting on her house – but at least she does feel bad about how her actions are screwing over her neighbors – just not bad enough to stop herself from doing it.
“I hate to sound cold and uncaring and contract-breaking, but I’m really OK with it,” Baker says. “I’m actually looking forward to moving.”This is what’s known as a strategic default. She’s giving up her house as a business decision — not because she has to.
Walking around her neighborhood, Baker says she feels bad for her neighbors who bought high like she did and will be left with a foreclosed home on their block.
“But I’m not the first to do it. It happened right here in this house,” she says, pointing to a two-story home with a satellite dish mounted on it.
Not being the first foreclosure on the street made her decision a whole lot easier.
“I hope that my neighbors would know that that had a lot of bearing on my situation,” Baker says.
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Tags: Season, Season Saving