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'At Worse, As In The Depression, The Economy Collapses'

Here's an open letter to the US lawmakers, co-signed by Alan Greenspan, the former Chairman of the US Federal Reserve, former Secretary of the Treasury and Secretary of State George Shultz, and Robert Hall, a Senior Fellow at the Hoover Institution and architect of the Flat Tax.

Wall Street CEOs Bag $3bn During Toxic Securities Build-Up

Bloomberg reports that CEOs at Wall Street's top five securities house earned a staggering $3bn between them from 2003 and 2007, during the time when the subprime and toxic securities timebomb was ticking away in the background. Goldman Sachs CEOs were paid the most in this period ($859m), followed by Bear Stearns ($609m).

Goldman Share Surge - 'Someone Is Going To Get Caught'

Reuters reports that an 'unusual' surge in Goldman Sachs' share price in the 10 minutes before the closing bell Tuesday has aroused suspicions that something dodgy was going on. Just two hours later came the news that Warren Buffett's Berkshire Hathaway was to make a large investment in the firm.