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Treasury Secretary Timothy Geithner called on Congress Tuesday to grant him new powers to regulate huge financial companies like insurance giant AIG, whose failure would pose a grave danger to the U.S. financial system and the broader economy. ...more
March 24, 2009
Alarmed by the sharply eroding confidence in the nation's two largest mortgage finance companies, the Bush administration Sunday asked Congress to approve a sweeping rescue package that would give officials the power to inject billions of federal dollars into the beleaguered companies through investments and loans. ...more
July 14, 2008
Save early, save often. That's the mantra of the financial-services industry. But the other side of the equation - those of us who are saving too much - is rarely discussed. ...more
July 6, 2008
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