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What really went on in the mortgage industry?

Business Week offers an arresting article on so-called "mortgage wholesalers," whose job was to buy up loan applications from mortgage brokers on behalf of big lenders. The competition got so intense... Read more...

ALSO NOTED: Analyst: Merrill Lynch at risk of downgrade; Lehman bets on sovereign wealth; and much more...

Company News: > E*Trade CFO and general counsel resign. Article > E*Trade shorts, right or wrong? Read more...

Credit ratings agencies unmasked?

Just when you thought the credit rating agencies could not be more demonized comes a New York Times magazine piece that wraps... Read more...

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