S&P Warns on Possible Downgrade of EU, Banks
Standard & Poor's, continuing a theme it began earlier this week, said Wednesday that the European Union itself could face the loss of its AAA credit rating, as could large euro zone banks.
A 12-Step Program for Wall Street?
Some Wall Street firms are being investigated for conduct that does not comport with good business practices but rather the basest forms of self dealing, or allegedly, worse. Maybe Glass-Steagall was a good idea after all.