MAY 2009
FEATURES
34
The
Cemetery Sea
A shipwreck, a mysterious owner
and a 158-year-old maritime law.
By Lynda Edwards
44
In the Cross-Heirs
A loophole in real estate law pits
families against developers and
each other. Some say there’s more
than money at stake.
By Anna Stolley Persky
50
The
Born Prophecy
More than a decade ago, Brooksley
Born warned that unregulated
financial markets were getting out
of hand. Now many in Washington
wish they’d listened.
By Richard B. Schmitt
56
Salvage Plan
Beleaguered homeowners hope
the administration’s new program
will break the logjam over mortgage
loan workouts.
By Steven Seidenberg
34
44 50