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Nationwide revives 125 percent mortgage Thursday, 9 Jul 2009

LONDON (Reuters) - Nationwide has brought back the 125 percent home loan, seen as a symbol of the reckless lending that contributed to the banking crisis, but said eligibility for the deal would be strictly limited.  Full Article

 
A trader works on the floor of the New York Stock Exchange in New York July 6, 2009.   REUTERS/Brendan McDermid
Correction confronts Wall St

Wall Street's spring surge looks to be wilting in the heat, judging by the emergence of bearish chart patterns, anaemic trading volumes and rising volatility.  Full Article 

David Kuo
End of free banking

The eventual outcome of the “unfair bank charges” case will be a major shake-up of the outdated banking system.  Commentary