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In market valuation, Yahoo is worth about as much Walt Disney and the News Corporation combined.

Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.

From Alex Berenson

Fannie Mae has never publicly disclosed how much money it could lose if interest rates rose 1.5 percentage points in a very short period of time.

From Alex Berenson

For years, critics of Fannie Mae have warned that it does not give them enough information to judge its risks.

From Alex Berenson

The Wahhabists are the boogeymen, the guys who will chop the head off any American they catch. And they will destroy Iraq without a second thought if they believe that the instability will benefit them.

From Alex Berenson

The world is filled with great sporting events.

From Alex Berenson

It's no secret that big institutional investors have a lot of advantages on Wall Street. They get the first chance to buy hot initial public offerings. They get to meet in person with companies' managements.

From Alex Berenson

For decades, Wall Street has charged companies a standard fee of 7 percent to sell their shares to the public.

From Alex Berenson

While Wall Street firms typically underwrite offerings in teams, the lead underwriter, or manager, of the offering has primary responsibility for selling the offering and reaps much of the fees and profit.

From Alex Berenson

America Online, of course, is a master of the hard sell, from stuffing mailboxes with free trial offers to forcing subscribers to click through ads before they can get their e-mail.

From Alex Berenson

Alex Berenson

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