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By Joseph E. Stiglitz
Behind the debate over remaking U.S. financial policy will be a debate over who’s to blame. It’s crucial to get the history right, writes a Nobel-laureate economist, identifying five key mistakes—under Reagan, Clinton, and Bush II—and one national delusion. Continue
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?