Gupta Gets Calls a Co-Conspirator


Although he's not (yet) facing criminal charges, Rajat Gupta probably isn't very happy that a federal prosecutor said today that he is part of an alleged insider-trading conspiracy with Galleon Group founder Raj Rajaratnam. (WSJ)

Everyone keeps saying that the 30-year mortgage will vanish if the government steps away. Really? You think that no one would step in to supply a product with such strong demand? (The Atlantic)

Alabama court says alleged problems with securitization aren’t a borrower concern (Foreclosure Blues)

Allstate sues Credit Suisse over mortgage-backed securities. (Housing Wire)

The average duration of unemployment climbed to an all-time high of 37.1 weeks in February (Economix)

David Andolfatto, Vice President in the Research Division of the Federal Reserve Bank of St. Louis, attacks Ron Paul. (EPJ)