The economy shrank more than expected in the third quarter and home prices fell to levels not seen since early 2004 as the government announced new plans to provide $800 billion to boost consumer spending and home buying. ...more

November 25, 2008

The stranglehold on the credit markets remained tight Friday after the House approved a revised $700 billion financial bailout, with investors nervous that the plan is at most a first step in repairing the faltering U.S. economy. ...more

October 4, 2008

Lehman Bros. Holdings on Monday confirmed fears on Wall Street that the credit crisis isn't quite over, and it left investors to wonder whether other major investment banks face the same set of risks. ...more

June 10, 2008

Local Hillsborough County governments that rode out last month's run on a state-run investment pool say the state has unduly placed them at risk, by allowing investors who cut and ran to withdraw more than their fair share. ...more

December 14, 2007

A Bloomberg article recently published in many Florida outlets used broad generalities, gross overstatements and outdated information to report on the Florida Retirement System (FRS) pension fund. ...more

December 14, 2007

Pasco County leaders on Thursday unanimously agreed to withdraw the maximum 15 percent, or $65 million, from a state investment pool as they wait for assurances that the fund can remain solvent. ...more

December 7, 2007

The same depressed real estate market that has rocked the private sector now threatens local governments, which sought assurances from state leaders on Tuesday that they will not lose the money they have invested in a fund containing mortgage-backed assets. ...more

December 5, 2007