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MBIA Bond Risk Soars On $8.1 Billion CDO Disclosure (Shannon D. Harrington and Christine Richard)
MBIA Inc. fell the most since 1987 in New York trading after the world's biggest bond insurer disclosed that it guarantees $8.1 billion of collateralized debt obligations that investors say have a ...
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U.S. Economy: Leading Indicators Dropped in November (Bob Willis)
The U.S. economy is at greater risk of faltering next year, according to an index of leading indicators, and a gauge of manufacturing in the Philadelphia region fell the most since the last ...
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U.S. Recession Indicator Starts Flashing At Merrill (Roma Luciw)
ROMA LUCIW -- Globe and Mail Dec. 19, 2007 -- The U.S. economy is likely headed for a painful and pronounced downturn next year, according to a Merrill Lynch recession probability indicator.
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Official: Justice Dept. Slowed Probe into Phone Jamming (Greg Gordon)
The Justice Department delayed prosecuting a key Republican official for jamming the phones of New Hampshire Democrats until after the 2004 election, protecting top GOP officials from the scandal ...
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US Foreclosure Filings Up 68 Percent In November (Alex Veiga)
By ALEX VEIGA, AP Business Writer LOS ANGELES - U.S. homeowners increasingly failed to keep up with their home loan payments in November, as the number of foreclosure filings surged 68 percent ...
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The Lawless Surveillance State (Glenn Greenwald)
Glenn Greenwald -- Salon Dec. 16, 2007 -- There are several vital points raised by the new revelations in The New York Times that "the N.S.A.'s reliance on telecommunications companies is broader ...
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Failure Beyond Finance (James Kunstler)
James Kunstler -- Clusterfuck Nation Dec. 17, 2007 -- Events are driving us now, not personalities or even policies. Ben Bernanke, Hank Paulson, and the other characters in the headlines might ...
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Agriculture: The Price of Transition (John Michael Greer)
John Michael Greer -- The Archdruid Report Dec. 12, 2007 -- One of the great gifts of crisis is supposed to be the way it helps sort out the difference between what’s essential and what’s not. As we ...
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LEAP/E2020 Alert: Breaking phase ahead for the global financial system in 2008
Public announcement GEAB N°20 Dec. 16, 2007 -- The rapid aggravation of the global systemic crisis as its phase of impact unfolds has brought our researchers to estimate that the contemporary global ...
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Major Civil Rights Tax Case Filed With Supreme Court (National Whistleblower Center)
WASHINGTON -- Dec. 13 -- The U.S. Supreme Court was asked Thursday to hear a key civil rights tax appeal which could affect thousands of past and future victims of civil rights offenses and ...
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Chip Shrinking May Be Nearing Its Limits (Jordan Robertson)
By JORDAN ROBERTSON, AP Technology Writer Dec. 15, 2007 -- SAN JOSE, Calif. -- Sixty years after transistors were invented and nearly five decades since they were first integrated into silicon ...
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