Lastest Financial News

Financial Overhaul 101: Credit rating agencies
Before the financial crisis, surging home prices led investors to pour trillions into investments backed by mortgages. Investors felt confident because credit rating agencies had judged these investments to be safe.
Read more on AP via Yahoo! News

Financial Overhaul Is Politics in Worst Sense: Richard Posner
The most sensible legislative response to the financial collapse of September 2008 would have been to do nothing until the causes of the collapse were fully understood.
Read more on BusinessWeek