Mass. regulators file fraud charges against UBS

"Massachusetts regulators filed civil fraud charges Thursday against UBS Financial Services for allegedly selling investments it knew were extremely risky, but portrayed as safe. The complaint by the...

10-15 Million Mortgage Defaults will leading to systematic banking crisis

Earlier today The Financial Times posted a story about the risk of the 'Mother of all Meltdowns'.  The story was inspired by the analysis of NYU's Nouriel Roubini.  Within 2 hours the story was one of...