finance

Busted: A Hacker Bank Mafia

Ryan Tate · 09/30/10 12:48PM

Law enforcement in the U.S. and Britain say they've nailed 80+ people for stealing millions of dollars from bank accounts using computer viruses. The group even had its own "money mules."

Born a Loan, Die a Loan

Hamilton Nolan · 08/09/10 02:37PM

The Way We Live Now: in enslavement to repayment. Our salvation? Reparations. Or—damn it—at least a sandwich.

Debt Collectors Forced to Pay $1.5m After Filthy, Racist Voicemails

Ravi Somaiya · 05/30/10 12:24PM

A Texas debt collection company had a unique style for reminder voicemails to one black customer. "This is your motherfucking wake-up call you little lazy ass bitch. Get your motherfucking nigger ass up and go pick some motherfucking cotton fields."

Warren Buffett Defends Goldman Sachs

Ravi Somaiya · 05/01/10 01:05PM

Buffett — who it is worth pointing out invested $5bn in Goldman at the height of the financial crisis — mounted what the WSJ call a "vigorous defense " of the company, saying he did not believe they had acted improperly.