feeling their pain. this is the biggest point drop that has ever been seen. we are in the midst of a serious financial crisis and the federal government is responding with decisive action. these guys have been gambling with the house money for years and it s our job to bail them out? the largest swindle in wall street history, and alleged 50 if you million dollar ponzi scheme by bernard madoff. you belong in jail, you criminal! the pardon is over. if there was any company that could make energy cool, it was enron. the texas energy broker treated electricity like any other commodity. it buys and sells billions of dollars worth of energy, every day. it s the largest company of its kind in the world. enron is a company that deals with everyone with absolute integrity. we play by all the rules and stand by our work. we mean what we say . ken lay was the original ceo, he ran enron when the company was created out of the merger of two pipeline companies. he seem
who s had both legs amputated after being involved in a crash. and keeping fit during your commute. how cycling to work can halve your risk of getting cancer and heart disease. good afternoon and welcome to bbc news. the labour leaderjeremy corbyn has said he will stand up for ordinary working people, as he attacked big business and the elite in his first major speech of the general election campaign. casting thejune 8th vote as a fight between the establishment and the people, mr corbyn said a cosy cartel ran a rigged system, and that wealth should be shared. recent opinion polls have put labour between 15 and 20 points behind the conservatives, but mr corbyn dismissed suggestions the election result was a foregone conclusion. here s our political correspondent chris mason. the next prime minister of the uk, jeremy corbyn. do you believe it, do they believe it, does he believe that? opinion polls suggest it is highly unlikelyjeremy corbyn will be heading for downing st
Groundcover for some very pernicious activities. in the last six months, americans have seen their investment shrink, property values plummet, and the country edge closer towards a recession, and at the heart of the problem is something called the subprime mortgage crisis. loans made to borrowers with low credit scores or no many money for a down payment, are commonly called, subprime mortgages, and the market for them has exploded in this country of late. there s some decent decent aspects of sub prime loans, an effort to reach people whose credit isn t as good, and effort to give them the ability to move up and reach the homeownership dream. like so much else, it starts as a good idea that eventually gets perverted. honestly, the history of the modern age of finance is that. washington has pretty much failed miserably for the last 10 to 20 years as the mortgage lending market has changed what washington has been concerned about is make it easier for lenders to give
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