Raymond James Financial Inc. said this week it has applied to be part of a federal plan to boost capital in financial institutions and spur lending. ...more

November 22, 2008

When financial panic sweeps Bedford Falls in the 1946 movie "It's a Wonderful Life," the villain, Mr. Potter, moves to snap up Bailey Savings & Loan, offering a fire-sale price of 50 cents on the dollar. ...more

October 11, 2008

Sen. John McCain struck a sharply more critical tone about the proposed federal bailout of the financial sector on Monday, calling for greater oversight of how the Treasury secretary administers the program because "when we're talking about a trillion dollars of taxpayer money, 'trust me' just isn't good enough." ...more

September 23, 2008

In another breathtaking display of government intervention, top officials at the Treasury Department and Federal Reserve began discussing with congressional leaders a plan to buy up vast numbers of distressed mortgages held by ailing financial institutions. ...more

September 19, 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

Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans whose interest rate is set to adjust by the end of 2008. Its shares fell more than 4 percent. ...more

October 23, 2007