Is Wall Street Full of Human CDOs?
After the fiasco of the last year, the financial community should be getting back to the fundamentals of its job, which is to be stewards of the community's wealth.
After the fiasco of the last year, the financial community should be getting back to the fundamentals of its job, which is to be stewards of the community's wealth.
Ellen Brown | Posted 11.21.2009 | Business
60 million mortgages with fatal defects in title could give aggrieved homeowners and securities holders the crowbar they need to exert some serious leverage on Congress.
Jill Keto | Posted 08.17.2009 | Business
Derivatives are a problem of breathtaking scale that cannot be cleaned up with a quick government fix.
bloomberg.com | Posted 08.09.2009 | Business
July 8 (Bloomberg) -- Morgan Stanley plans to repackage a downgraded collateralized debt obligation backed by leveraged loans into new securities with...
Les Leopold | Posted 05.28.2009 | Business
Bernie Madoff, -- the Babe Ruth of fantasy finance -- is in a league of his own. His Ponzi scheme simply did away with all the fuss and bother of investments.
John Tepper Marlin | Posted 06.12.2008 | Green
If Ceres Climate Change ratings had been used as a proxy for long-term thinking, they would have been helpful. They would, in the context of the illiquidity of the credit markets, have been a good predictor of the Bankers Panic of 2008.
New York Post | Paul Tharp | Posted 03.28.2008 | Business
Vikram Pandit's winding up his 100-day, globetrotting honeymoon as Citigroup's would-be savior by yesterday writing a love note to all employees to as...
Elise Coroneos | Posted 10.29.2009 | Business