Wednesday, 10 November 2010

Ireland's new toxic loans will spark social conflict, says economist: A leading economist who predicted Ireland's property collapse is forecasting a new wave of toxic debt could sink the country entirely, this time related to domestic mortgages

U.S. Banks Failing At Fastest Pace In 2 Decades: Regulators shut down four more banks Friday, bringing the 2010 total to 143, topping the 140 shuttered last year and the most in a year since the savings-and-loan crisis two decades ago.

Banks spying on your bills, rent payments, paychecks: report: The age of the plain old credit score is gone, says a report at the Wall Street Journal, and it's been replaced by ever more intrusive efforts by banks and credit agencies to gauge exactly what you're worth, and what you can pay.