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With the fate of the world economy in their hands, officials, and executives from New York to D.C. and abroad come up with a plan to avoid financial collapse and convince skeptics of the urgency of the moment.

The future of Big Oil could look very different following a critical shareholder meeting in the United States and a legal decision in Europe.

Share This (CNN) — The banking world nearly caved in 13 years ago. The former CEO of Washington Mutual is worried that another bubble is brewing. Kerry Killinger was named CEO of WaMu in 1990 and was fired in September 2008 — just weeks before the bank failed as a growing number of mortgage loans went bad. WaMu was one of several top financial firms to collapse during the financial crisis last decade, but the giant savings and loan with more than $300 billion in assets still ranks as the biggest-ever bank failure. WaMu was seized by regulators in September 2008 and sold to JPMorgan Chase...

‘Everybody wants to have asset prices forever going up and the cost of financing to be next to nothing,' Kerry Killinger says.

Ignore warnings about a potential housing bubble and consider these stocks with bright outlooks MarketWatch 3 hrs ago © Getty Images People who know a thing or two about stock market bubbles are sounding the alarm about the housing sector. That sounds like bad news — the last one caused the financial crisis. Take Kerry Killinger, former CEO of Washington Mutual Savings Bank. His bank was at the core of the 2007-2008 financial meltdown. So, his recent warnings of an emerging housing sector bubble should make you take notice. Other housing sector experts worry that rising mortgage rates w...