For months as the sub-prime mortgage mess has unfolded, Wall Street has talked incessantly about the risk of "other shoes'' dropping. Other shoes? In recent weeks financial markets have resembled a ...
Amazon settled with the Federal Trade Commission for $2.5 billion in fines with $1.5 billion going to Prime subscribers. The settlement comes over claims that the company allegedly tricked consumers ...
Like measles, financial distress has a nasty habit of spreading. And the repeated protestations by mortgage originators that the problems in the US sub-prime market will not spread elsewhere could be ...