Wall St seen set to open weaker, housing data eyed
FRANKFURT (Reuters) – U.S. stock index futures pointed to a weaker start on Wall Street on Monday, dropping back from a rally in the previous session as investors turn to key housing data for direction.

Analysts mull contagion from US property market woes
WASHINGTON (AFP) – An increasingly fragile US economy is facing growing risks from the meltdown in the property market, which threatens to spill over into other sectors as credit markets freeze, analysts say.

Cleaning Up on the Meltdown
By anticipating problems in the credit markets, a Yale-trained computer scientist and other asset managers are producing healthy returns

Inside the Countrywide Lending Spree
Countrywide’s entire operation, from its computer system to its incentive pay structure and financing arrangements, is intended to wring maximum profits out of the mortgage lending boom no matter what it costs borrowers, according to interviews with former employees and brokers who worked in different units of the company and internal documents they provided.

From equity to equality
[T]he 1990 Trust, OBV and other organisations have joined forces with Rev Jesse Jackson’s Rainbow Push coalition to form Equanomics, a project that will focus on racial justice through economic equality… Our central and positive argument will be that for the private sector to ignore the deluge of talent within black communities is simply not good business. When many more people in society can fulfil their employment potential everybody wins. But as consumers and shareholders, if gentle persuasion makes not one jot, we have the right to choose where we spend our money.