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CIA’s #3 leader plead guilty to wire fraud in exchange for dropping 27 other charges and only three years in jail.

Russia again suspending trading in the financial markets today because values were dropping too quickly. The US mortgage crisis is a major cause of the loses in Russia.

Dexia, a French-Belgian bank, was bailed out today by Belgian and French authorities. Dexia suffered huge loses in the US mortgage market.

Part 1: The problem Part 2: The solution The current financial crisis is the result of bad mortgages and illiquid mortgage-backed securities. These videos explain what is happening, why many people are worried about widespread bankruptcies, why the Wall street bailout will not fix the problem, and what the real solution is. Outline: Foreclosures have … Read more

Judge: “To discriminate further against Ms. Kulstad because of her sexual preference in this day and age is no different than telling a person to go to the back of the bus because of her skin color.”

The Dow lost 777.68 points or 7% of its value today.

Members of both parties voted against the bailout of mortgage backed securities.

9 US attorneys were fired in 2006, and many believe it was politically motivated–illegal under federal law. The justice dept appointed a prosecutor to investigate possible criminal charges.

Ehud Olmert: “(I am saying) what no previous Israeli leader has ever said: we should withdraw from almost all of the territories, including in East Jerusalem and in the Golan Heights.”

A German bank is on the verge of bankruptcy because of the US mortgage crisis and the resulting credit problems.