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There are lots of people who will argue that regulators made short sellers a convenient scapegoat in the recent financial gyrations. They are not without evidence. As Business Week notes, the... Read more...
It's no secret that credit ratings agencies rate municipal and corporate debt differently. Moody's has admitted as much. Exactly why they do this vexes some--including the Connecticut state attorney... Read more...
Don't think it's almost over. Delinquencies for subprimes extended in 2005 to 2007 are still rising, according to Standard & Poor's. For 2005 and 2006, the increases have been boosted to the 35... Read more...