Subprime: Let the finger-pointing begin!

The crisis brought on by worries about shaky subprime mortgages continues to rattle Wall Street. Even as the storm rages, the blame game has begun.

Danger: Steep drop ahead Even if the credit crunch passes without a major catastrophe, the prices of stocks, bonds and real estate have a long way to fall. (more)
Subprime on the Rhine Fortune's Peter Gumbel investigates how Germany's IKB Bank became the biggest international victim of America's subprime-mortgage crisis. (more)
Mortgage mayhem Home-loan default rates across the U.S. have nearly tripled since 2006, especially for subprime loans. And with $850 billion in adjustable-rate loans scheduled to reset by 2008, defaults are likely to rise even higher. (more)