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The Oregonian uncovered a primer on how to get risky mortgage loans approved by Zippy, JP Morgan Chase's in-house automated loan underwriting system. The secret to approval? Inflate the borrowers' income or otherwise falsify their loan application.

Peter Coy, Hot Property

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Parker On Wine

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Barbera Bargains

Wines produced from Northern Italy's barbera grape are well made and surprisingly well priced

 

Featured Column

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Detroit's Bailout: Who Really Needs the Money?

Detroit wants $25 billion from Washington to fix itself but the real problem is that without easy credit many Americans can't afford new cars

 

Books

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Buffett's Ferocious Focus

The first authorized biography provides deep—and timely—insight into the psyche of the billionaire investor

 

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Top Stories

There Is No Auto Credit Crisis

Auto sales are down. But it's not because Americans can't get financing. It's because they aren't shopping for cars

States with the Worst Budget Shortfalls

California needs to be bailed out to the tune of $7 billion. Find out which other states are close behind

Pop Goes the Bubble in Chinese & Indian Art

Fallout from the global economic crisis hits the opening sale of modern and contemporary Asian art at Sotheby's in Hong Kong

Can GM and Ford Scrape By?

Stocks of the two big U.S. automakers sink again as they face new questions about cash and credit

Study Suggests Red Wine May Protect Against Lung Cancer

But authors say research, which focused on men, doesn't mean it's OK to smoke

IN YOUR FACE: ADMISSIONS OFFICE FRIENDS FACEBOOK

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Reader Toby Keeping Writes:

"Facebook is an escape from homework, nagging parents and college recruiters. If students become barraged in this space, they will find another!"

 

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Car Buying Tips

How to save money on a new car