The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout. ...more

October 6, 2008

If you sat down an infinite number of chimpanzees in front of an infinite number of typewriters for an infinite period of time along with Frances Earl, one of them would sooner or later accidently type a line that contained some sort of statement of fact or truth; but it wouldn't be Frances! She would still be pounding out line after line of partisan lies, distortions and slander. ...more

September 30, 2008

The financial crisis has turned into a tryout of sorts for the next president, an unexpected chance for Barack Obama and John McCain to shine - or stumble - just as most voters are deciding whom to back. ...more

September 22, 2008

WASHINGTON - Eager to show that he feels people's pain, President Bush scuttled a political fundraising trip Thursday to tell the country his administration is working feverishly to calm turmoil in the financial markets. ...more

September 18, 2008

A day after he dismissed a federal bailout for American International Group, Republican John McCain announced Wednesday that circumstances had forced him to shift his position and that he supported the proposed $85 billion rescue of the insurance giant. ...more

September 18, 2008

Lehman Brothers Holdings shares plunged to their lowest level in more than a decade Tuesday amid investor concerns that the battered investment bank is running out of options to raise capital. ...more

September 10, 2008

You would expect a year marking the 10th anniversary of the Asian crisis to be hectic, and 2007 didn't disappoint. Coup attempts, subprime fallout, terrorist attacks, scandals, volatile stocks, elections, you name it. ...more

December 27, 2007