Explore the 2007-2009 subprime meltdown, how it started, and its lasting impact on global finance and housing, and learn why ...

Manoj Singh has 29+ years of experience working for the Central Bank of India. He is the author of Bulls, Bears, and the Tortoise. Thomas J Catalano is a CFP and Registered Investment Adviser with the ...

Lee Robinson, a hedge fund manager who reaped a 900% return from a bet against subprime mortgages during the global financial ...

Hedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position into $200 million with timely bets against the US subprime mortgage sector.

Wall Street's loudest delinquency warning may not be what it seems.

When the subprime crisis broke in the 2008 presidential election year, there was little chance for a serious discussion of its root causes. Candidate Barack Obama weaponized the crisis by blaming ...

GENEVA, Aug. 12 -- -- GENEVA, Aug. 12 -- UBS, one of the hardest-hit banks in the subprime mortgage crisis, said Tuesday that it lost $331 million in the second quarter as it took another $5.1 billion ...

The 2008 financial crisis, the worst since the Great Depression, stemmed from cheap credit and loose lending that inflated a housing bubble. When mortgage defaults rose, major institutions unraveled, ...