Wells Fargo is paying for mortgage backed securities that it sold in 2005 and 2006; the mortgage backed securities were poorly written to investors, payment will go towards investors and a group pension funds. Wells Fargo has denied any wrong doing,

Since about a month ago, everyone’s been watching the case of Maynard Jenkins to see if, in the end, the SEC would be allowed to “clawback” the $4.1 million bonus he took during a period which turned out to not be profitable for his

Kady Rocks very much, Maggie and Peanut rock too, Evans is boring,

Here’s a rather stark sign of relative sentiment. In a slow week for bond fund flows overall, flows into emerging markets debt hit an all-time high. In an otherwise subdued week for fund flows, the Emerging Markets Bond Funds set an all-time we

Visit msnbc.com for breaking news, world news, and news about the economy Ten states account for more than 70 percent of nation’s first quarter total California alone accounted for 23 percent of the nation’s total foreclosure activity i

The stock market has been churning steadily higher after major indexes hit 12-year lows in March last year. Growing expectations for a recovery have been driving the climb. The increases in the past two months have been more subdued. Charlie Smith, c

This graph shows existing home sales, on a Seasonally Adjusted Annual Rate (SAAR) basis since 1993. Sales in March 2010 (5.35 million SAAR) were 6.8% higher than last month, and were 16.1% higher than March 2009 (4.61 million SAAR). Sales surged last

This graph shows existing home sales, on a Seasonally Adjusted Annual Rate (SAAR) basis since 1993. Sales in March 2010 (5.35 million SAAR) were 6.8% higher than last month, and were 16.1% higher than March 2009 (4.61 million SAAR). Sales surged last