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The fraud investigation of Wall Street money manager Bernard L. Madoff took unusual twists Wednesday as the U.S. attorney general removed himself and the Securities and Exchange Commission looked into the relationship between Madoff's niece and a former SEC attorney who reviewed Madoff's business. ...more
December 18, 2008
Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan on Thursday denied the nation's economic crisis was his fault, but conceded the meltdown had revealed a flaw in a lifetime of economic thinking and left him in a "state of shocked disbelief." ...more
October 24, 2008
Will stocks benefit now that the government is letting investors bet on financial stocks going down? ...more
October 10, 2008
A "maverick"? Or just "erratic"? Bold, independent and principled? Or impetuous and desperate to shake up a race as his opponent moves up in the polls? ...more
September 28, 2008
The Republican's economic policies are responsible for the financial crisis we now find ourselves in. ...more
September 25, 2008
The financial crisis has turned the race between Sens. John McCain and Barack Obama into an audition for who could best handle a national economic emergency. ...more
September 19, 2008
With Wall Street engulfed in crisis, the Securities and Exchange Commission is planning measures to rein in aggressive forms of short-selling that were blamed in part for the demise of Lehman Brothers and which some fear could be turned against other vulnerable companies. ...more
September 16, 2008
Companies will be able to scuttle investor attempts to nominate board members under a plan adopted Wednesday by a bitterly divided Securities and Exchange Commission. ...more
November 28, 2007
Twelve big pension funds and a government workers' union are making last-ditch efforts to persuade securities regulators not to adopt a controversial shareholder rights rule before month's end. ...more
November 20, 2007
With only one Democrat now on the Securities and Exchange Commission, a proposal allowing companies to bar shareholder moves to open board elections appears headed for adoption in two weeks. ...more
November 15, 2007
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