By Brian Ross, Rhonda Schwartz, & Justin Rood | ABC News | Jul. 15, 2008
Banks in Colorado, Maryland, Georgia and California top privately-prepared lists of troubled banks being circulated on Wall Street and in Washington.

By Julie Hirschfeld Davis | The Associated Press | Jul. 22, 2008
A federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion, Congress' top budget analyst said Tuesday.

By Ieva M. Augstums | The Associated Press | Jul. 22, 2008
Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well. The bank said it lost $8.86 billion, is slashing its dividend and eliminating 10,750 positions after losses tied to mortgages soared.

IndependentPoliticalReport.com | Jul. 17, 2008
Appearing on Glenn Beck last night, Ron Paul said that Fannie Mae and Freddie Mac should be allowed to fail. Unlike Libertarian presidential candidate Bob Barr, who says Congress should provide a “temporary line of credit” to boost the share price of the publicly traded stock — and give the Fed more “oversight” over the housing industry — the Republican congressman said Congress should eliminate the GSEs’ implied line of credit to the Treasury and allow the companies to be liquidated.

By Devvy Kidd | NewsWithViews.com | Jul. 17, 2008
Arthur Henning of the Chicago Tribune said back in 1935, "The New Deal will bring the Communist Party within striking distance of overthrow of the American form of government..." Mark Sullivan of the Buffalo Evening News also expressed alarm in 1935: "The New Deal is to America what the early phase of Nazism was to Germany..."

By Theodore Butler | InvestmentRarities.com | Jul. 15, 2008
For quite a few years, I have extolled the virtues of investing in silver. I based my premise on the real facts and supply/demand fundamentals specific to silver, its market structure, as well as the macroeconomic developments around us. My conclusion was that silver was about the best practical investment one could make. More than ever, I still am of that conviction. Fortunately, the results to date have supported that conclusion.

By Martin Hutchinson | PrudentBear.com | Jul. 14, 2008
The financial crisis in the United States and worldwide entered a new phase this week, as Fannie Mae and Freddie Mac, the two huge US home loan institutions, began what appears to be a similar “death spiral” to what which claimed Bear Stearns four months ago. Fannie and Freddie are unique institutions, and will almost certainly be bailed out by the long-suffering taxpayer.

DailyNews.com | Jul. 15, 2008
Police ordered angry customers lined up outside an IndyMac Bank branch to remain calm or face arrest Tuesday as they tried to pull their money on the second day of the failed institution's federal takeover.

The Associated Press | Jul. 15, 2008
The dollar sank to a new low against the euro on Tuesday, as markets worried about the ongoing U.S. lending crisis and the state of the country's economy. The 15-nation currency rose to an all-time high of $1.6038 in European trading, surpassing its previous record of $1.6018 set on April 22.

The Associated Press | Jul. 15, 2008
The situation is increasingly bleak for Wachovia Corp. and the bank's mortgage portfolio will continue to lose value, "seriously jeopardizing" the company's ability to generate earnings, an influential analyst warned on Tuesday.

AFP | Jul. 15, 2008
US wholesale inflation jumped a surprisingly strong 1.8 percent in June from May amid soaring energy and food prices, the Labor Department said Tuesday.

By Jason Hommel | SilverStockReport.com | Jul. 12, 2008
What's so special about silver, anyway? Like gold, silver has all the properties of money, it is easily tradeable, transportable, divisible, interchangeable, genuinely recognizable, verifiable, lasting, rare, and a luxury item. Silver also has many properties that make it much more desirable than gold, such as, it is much more electrically conductive & reflective.

FreedomWorks.org | Jul. 11, 2008
As politicians call for taxpayer bailouts and a government takeover of troubled mortgage lenders Freddie Mac and Fannie Mae, FreedomWorks would like to point out that a bailout is a transfer of possibly hundreds of billions of U.S. tax dollars to sophisticated investors and governments overseas.

MoneyNews.com | Jul. 9, 2008
Jim Cramer, the often loud and always bullish host of a popular CNBC show, is now bearish. Cramer frequently tells his audience that he believes there is always a bull market somewhere, and it’s his goal to help them find it. “But this time is different; it’s doom itself,” Cramer recently wrote in New York magazine. “In 25 years on Wall Street, I have never seen things this bad.”

By Katie Benner | CNNMoney.com | Jul. 12, 2008
They own or guarantee $5 trillion worth of mortgages­ - nearly half of all the country's outstanding home loan debt-and they're crashing. Big time.