Saturday, 16 May 2009


"The Worst Is Yet to Come": If You're Not Petrified, You're Not Paying Attention

UK repossessions up 50% in a year: The number of homes repossessed in the UK rose to 12,800 in the first three months of the year, the Council of Mortgage Lenders (CML) has said.

Calif. hedge fund manager arrested: —Beverly Hills hedge fund manager Bradley L. Ruderman was arrested Friday on a charge of bilking investors out of $44.3 million, the U.S. attorney's office said.