Wells Fargo & Co., one of the nation's largest subprime mortgage lenders, has developed a habit in recent months of forswearing, one by one, some of the industry's most controversial products and practices. Last week, for example, the company halted sales of subprime loans that feature a low monthly payment that increases sharply after two years. In August, Wells Fargo will take another step long ...

Investors Flee Risk Here And Overseas, Posing Threat To Stock-Boosting Deals (Investor's Business Daily via Yahoo! News)
Thursday's 312-point 18op in the Dow came care of a widening realization that tightening credit markets are reversing the tide of easy money supporting surging stocks and record buyouts this year despite a weaker economy.