Thursday, 11 December 2008

Foreclosure Storm Will Hit U.S. in 2009 as Loan Changes Fail: U.S. foreclosure filings climbed 28 percent in November from a year earlier and a brewing “storm” of new defaults and job losses may force 1 million homeowners from their properties next year, RealtyTrac Inc. said.

8 really, really scary predictions: Dow 4,000. Food shortages. A bubble in Treasury notes. Fortune spoke to eight of the market's sharpest thinkers and what they had to say about the future is frightening.

Black Hole AIG Needs Another $10 Billion: After all the money AIG's had shoveled at it, why does it need another $10 billion?