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Date: 12/27/2007 4:30:02 PM
WSJ.com - This Week's Most Poular HTML  |  |  | | | | |  | December 27, 2007 -- 4:30 p.m. EST | Most Emailed Articles |  |
1. Fraud Seen Driving ForeclosuresMortgage-fraud schemes -- some highly sophisticated -- are costing banks billions and go a long way toward explaining why defaults and foreclosures are rocking Wall Street and the economy. The system itself bears some blame.
2. A Brief History of ChristmasThe Elizabethans partied hard. The Puritans banned it. Now comes the ACLU.
3. The Top Wine Bargains of 2007There have never been as many genuinely good wines available at low prices. Dorothy and John went back over their blind tastings in 2007 to see how many wines that cost $10.99 or less rated very good or better.
4. Washington's GiftOur revolution could have ended in despotism, like so many others.
5. Wizardry Amplified Credit CrisisA collateralized debt obligation called Norma illustrates how investors and Wall Street, in their efforts to keep a lucrative market going, took a good idea too far.
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1. The War on Lawn DecorationsThere's a backlash brewing against over-the-top holiday displays as disgruntled neighbors complain about gaudiness, traffic and wasted electricity.
2. Pace of Decline in Home Prices Sets a RecordNew data suggest the housing market is dragging home prices back into closer alignment with incomes. Home prices in 10 major metro areas fell a record 6.7% in October from a year earlier. ( Report)
3. Fraud Seen Driving ForeclosuresMortgage-fraud schemes -- some highly sophisticated -- are costing banks billions and go a long way toward explaining why defaults and foreclosures are rocking Wall Street and the economy. The system itself bears some blame.
4. A Web Troll's Toll on the Clinton CampaignAs candidates increasingly use the Internet to build political bridges, their message boards have become homes for trolls, users of an online community who leave messages that are ideologically opposed, off-topic or off-color.
5. Pakistan's Bhutto Dies in AttackBenazir Bhutto was killed by a suicide attacker, throwing Pakistan's political system into a new round of turmoil. Bhutto was seen as the front-runner to become Pakistan's next prime minister in elections scheduled for next month.
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