Items of Interest:
Mueller Expects More Corporate Fraud Cases -- The number of corporate fraud cases the FBI investigates is set to rise as part of the fallout from the subprime mortgage collapse, director Robert Mueller said today.
"We likely will see more corporate fraud cases in the months to come because of the ripple effect of the subprime crisis and its impact on the credit market," Mueller said in a speech to the American Bar Association.
During the wide-ranging speech on corruption and white collar crime, Mueller briefly expanded on remarks made the day before confirming that the FBI is investigating 19 institutions relating to the subprime lending crisis and the financial and investment vehicles used by those firms....
WaMu: Sorry We Don't Have Your $4200 In Cash, Want A Check? -- Maybe we're crazy but $4200 doesn't seem like too much money to withdraw in cash at a branch bank, especially if you give them 24 hours notice. Apparently, that large of a withdrawal leaves WaMu all tapped out. Is WaMu really that short on capital reserves?
The 6 best places to buy a home these days The 6 cities where home prices are likely to rise the most - or fall the least - in the next 12 months.
- Citi Posts $5.1 Billion Loss; Late Mortgages More than Double - Housing Wire
- The Best Newsletters Remain Bullish - Mark Hulbert, MarketWatch
- The Financial Crisis, and the Blame Game - Robert Lenzner, Forbes
- Banks Looking Up, from Deep Hole - Floyd Norris, New York Times
- Repeal the Mortgage-Interest Deduction - John Tamny, RealClearMarkets