Credit crisis
$8.1 trillion has been lost from global markets since July 24, in what the Times calls an "epidemic" fear among investors.
The Dow Jones Industrial Average dropped as much as 515 points today, and has plummeted below 11000 for the first time since November of 2010.
The Dow fell 1.2 percent after the opening bell, while the S&P 500 dipped 1.9 percent and Nasdaq plunged 2.8 percent...and the markets are now falling even more.
Manhattan DA Cy Vance subpoenaed the vampire squid that is Goldman Sachs today for information regarding its shorting of the mortgage market before the 2008 credit crisis.
Bank of America CEO Kenneth Lewis announced he would resign at
A former Credit Suisse broker who is accused of a $1
The NY Times writes the obituary for NYC's building boom. The Building
In a sign of the times, real estate developer Rockrose is offering
Speaking at the European Central Bank Central Banking Conference, Federal Reserve Chairman
Credit card company American Express was approved to be a bank holding
NYU's Furman Center for Real Estate and Urban Policy released a report