New York Attorney General Andrew Cuomo is trying to develop a nationwide investigation with his counterparts in 35 other states to root out what he calls corruption and abuse of public workers' pension funds nationwide, a state official said. ...more

May 2, 2009

The Transitions Championship, Tampa Bay's annual PGA Tour stop, begins play this week at Innisbrook Resort, the fifth time in nine years the event will carry a new title-sponsor's name. ...more

March 14, 2009

Banks borrowed in record amounts from the Federal Reserve's emergency lending facility over the past week, but investment banks drew loans at a slightly lower, but still brisk, pace. ...more

October 24, 2008

The Federal Reserve announced today a radical plan to buy massive amounts of short-term debt in a dramatic effort to break through a credit clog that is imperiling the economy. ...more

October 7, 2008

Consumers shopping for a loan have yet to see much benefit from the government takeover of Fannie Mae and Freddie Mac almost three weeks ago, but the new chief executive officers of the mortgage finance companies planned to tell lawmakers Thursday that they are working to stabilize the housing market. ...more

September 26, 2008

Just about everyone is watching Wall Street these days wondering what's going to fall next. Giant investment firms have tumbled and other financial companies have been bought by the federal government because their demise would severely harm our economic system. It's scary for regular folks who are worrying about their 401ks, IRAs and any other investment. ...more

September 18, 2008

Recent efforts to hammer out a proposal to temporarily freeze interest rates on certain troubled subprime mortgages have brought up an interesting quandary. Is it the government's job to intervene in what is in part a crisis wrought by greedy lenders and naive and imprudent borrowers? Agreed, the government should not bail out financial irresponsibility, but sometimes there's no alternative. Those opposed to any government initiative to rescue the market before 2 million loans adjust to a higher interest rate –– and borrowers are stuck with payments they cannot afford –– are forgetting that the ripple effect of not doing anything could seriously hurt the general economy. ...more

December 3, 2007

The parent company of Outback Steakhouse is looking to sell restaurant chains that don't have the potential to become a "big deal," company chairman Chris Sullivan told a crowd of investment bankers Wednesday. ...more

November 29, 2007

Large private investment groups wouldn't be buying up nursing home chains if there wasn't big money to be made. And there is nothing wrong with that. But it unconscionable that to maximize profits some firms neglect the needs of the frail and elderly in their care. ...more

October 8, 2007

Habana Health Care Center, a 150-bed nursing home in Tampa, was struggling when a group of large private investment firms purchased it and 48 other nursing homes in 2002. ...more

September 23, 2007