July 25, 2007 5:15

Top Lender Sees Mortgage Worries

Economic warnings for the housing market from the nation's biggest mortgage lender prompted a Wall Street sell-off yesterday. Countrywide Financial said that "more borrowers with good credit were falling behind on their loans," according to a lead story in the NYT. That could mean an already soft housing market might not start recovering until 2009.

The doctor accused of administering lethal injections to four New Orleans patients during the height of the Katrina crisis will not face any charges, a grand jury has decided. Dr. Anna Pou, who has admitted giving the patients medicine to ease their pain, wouldn't discuss exactly what happened in the hospital in the days after the hurricane hit (she is facing civil lawsuits from the families of three of the four deceased), but implored everyone to "remember the 'magnitude of human suffering' after the storm to ensure that no health care worker is ever 'falsely accused in a rush to judgment'", reports CNN.

It's not every day that one of the world's biggest crystal meth suppliers is arrested in suburban Maryland, but that's what happened Monday evening when DEA agents swooped on 44-year-old Zhenli Ye Gon, a Mexican laboratory owner accused of supplying the drug cartels with huge amounts of methamphetamine, as he was about to sit down to a codfish supper at a Chinese restaurant. Ye Gon, who was born in Shanghai but is a naturalized Mexican citizen, has been on the run ever since police raided his luxurious Mexico City and found $207 million, most of it in $100 bills. It was, says the WPost, "the largest single drug cash seizure the world has ever seen".