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60 Minutes did another story on credit derivatives and credit default swaps and their role in the financial crisis.
Lot of this would have been illegal during most of the 20th century, but eight...
The financial behemoth's $2 billion investment in the mortgage lender is disappearing fast. Too bad its options are limited.
Bank of America faces a tough choice: It can buy Countrywide...
The subprime/mortgage mess has accelerated this week and today the Fed stepped in to shore up the market. Many believe that a rate cut is inevitable to further shore up the market. In the...