FBI Increases What Already Is the Highest Incarceration Rate in the World
If people are going to jail for the subprime scandal, how about starting with the people at the Federal Reserve who were asleep at the wheel while the overlending took place?
If people are going to jail for the subprime scandal, how about starting with the people at the Federal Reserve who were asleep at the wheel while the overlending took place?
Hale "Bonddad" Stewart | Posted 03.28.2008 | Business
Between toys that might kill our children, a food safety system that isn't working, airlines that might be flying unsafe airplanes, and our entire financial system, it's clear something isn't working.
Washington Independent | Mary Kane | Posted 03.26.2008 | Business
Now that JPMorganChase has raised its bid for Bear Stearns, angry shareholders seemed to have calmed down and Wall Street isn't as worried that the in...
Reuters Via CNBC | Posted 01.25.2008 | Business
Billionaire Wilbur Ross is in serious talks to take over Ambac Financial Group, according to a media report, but broader efforts to rescue the sector ...
Rebekah Diller | Posted 01.09.2008 | Business
The shortage of lawyers to help families facing foreclosure is just part of a widespread shortage of legal help for families of modest means.
CNBC | Charles Gasparino | Posted 01.08.2008 | Business
James Cayne has resigned as chief executive officer of Bear Stearns, amid widespread concern over his management of the Wall Street firm that has been...
Washington Post | Robert J. Samuelson | Posted 01.02.2008 | Business
Down the block from my home, workmen are finishing a new house. It replaces a bungalow that had measured about 1,500 square feet. The new home has a c...
AP | Posted 12.15.2007 | Business
People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest ...
Arva Rice | Posted 12.12.2007 | Business
Subprime lending institutions targeted low income people by selling them the promise of the American Dream, complete with a house and white picket fence. Yet, it pulled the rug out from under them.
CNN | Posted 12.11.2007 | Business
More than half the American public -- 57 percent -- now believe the nation is in a recession, compared to 42 percent who do not, according to new CNN/...
Reuters Via CNBC | Posted 12.10.2007 | Business
Pending sales of existing U.S. homes rose modestly in October, bucking Wall Street forecasts, but the decline from a year ago was the third largest on...
Posted 12.06.2007 | Politics
Harried homeowners seeking mortgage relief from a new Bush administration hotline Thursday had to contend with a bit of temporary misdirection from th...
John McCain was widely ridiculed several weeks ago for fielding reporter's questions...
With just ninety days left in the election it's come down to...
From ABC news: John Edwards...
A federal grand jury has subpoenaed several former senior...
Love her or hate her, you've gotta hand it to Paris...
Senator Obama on Tuesday said of the McBush...
The Justice Department investigation into the firings of nine U.S. attorneys has...
NEW YORK — Scarlett Johansson can laugh about it now,...
**UPDATE** The "I Am Rich" app has been removed from the app store. Silicon...
The Daily Show's Jon Stewart takes a look at offshore drilling...
Only the wildly hypocritical McCain could have made...
I'm not going to...
Q: Most people are really thrilled when they announce their daughter's engagement.
Martin Varsavsky | Posted 06.20.2008 | Business