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WASHINGTON (AP) -- The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned. ...more
September 23, 2008
Thomas Rumeau already had a bachelor's degree in economics but decided that a master's in public policy would make him more marketable. ...more
August 11, 2008
I never thought I'd have to come to this, defending Phil Gramm on anything. ...more
July 21, 2008
TAMPA - Jessica Mann and Rebecca Massicotte swiveled around a pole in high-heeled platforms and bikini tops. Two men in velvet chairs looked on. ...more
July 8, 2008
A former CEO leading Barack Obama's search for a vice presidential candidate resigned abruptly Wednesday after questions about his home mortgage deals became a distraction for a candidate who argues he is not influenced by special interests. ...more
June 12, 2008
Washington Mutual Corp., hard-hit by the mortgage and credit crises, said Monday it will replace Chief Executive Officer Kerry Killinger as chairman of the board and take other steps to improve corporate governance. ...more
June 3, 2008
Federal authorities, responding to the subprime-mortgage crisis, have formed a task force to determine whether lenders or Wall Street firms participated in fraud. ...more
May 6, 2008
The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. ...more
May 3, 2008
As we spend this month celebrating the achievements of black Americans, I'm saddened by a report that concludes that the subprime mortgage crisis has caused the largest loss of wealth in modern U.S. history for black and Latino homeowners. ...more
February 17, 2008
The world's top economies on Saturday promised coordinated action to restore confidence in global markets as financial turmoil slows U.S. growth, but with each country having different priorities, they didn't offer a specific remedy. ...more
February 10, 2008
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