Shared Appreciation, Unshared Burden
Shared Appreciation, Unshared Burden: The Ethical Failure of Bank of Scotland and Barclays Bank For nearly three decades, a large group of mostly elderly and vulnerable mortgage holders have endured the consequences of a financial product that promised security but delivered profound hardship. The Shared Appreciation Mortgage (SAM), sold in the late 1990s primarily by Bank of Scotland (now part [...]
