Shockingly poor financial management at General Motors and Chrysler weakened their case for a federal bailout, but officials feared letting them collapse, the former head of a government auto task force said Wednesday. ...more

October 21, 2009

The question was direct and prescient. Rep. Joseph Crowley, D-N.Y., asked the Treasury secretary in an open hearing what could be done to stop American International Group from paying $165 million in bonuses to hundreds of employees in the very unit that nearly destroyed the company. ...more

March 21, 2009

Senate Republicans are drawing out a flap that has made the Obama administration squirm, applying the brakes to Democratic attempts to quickly tax away most of the bonuses at troubled insurance giant AIG and other bailed-out companies. ...more

March 20, 2009

The chairman of AIG has told Congress he's asked executives to give back their bonuses. The chief executive officer of the failed insurance conglomerate acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress. ...more

March 18, 2009

Years ago I made the mistake of declaring income I received from a financial investment as dividends. A year or two later I was advised by the IRS that this income should have been reported as interest, and I had to pay the difference, plus interest. ...more

March 4, 2009

Ron Kirk, the president's choice to be U.S. trade representative, owes an estimated $10,000 in back taxes from earlier in the decade and has agreed to pay them, the Senate Finance Committee said Monday. ...more

March 2, 2009

So much for the savior-based economy. Tim Geithner, the learned and laconic civil servant and financial engineer, did not sweep in and infuse our shaky psyches with confidence. For starters, the 47-year-old's voice kept cracking. ...more

February 12, 2009

Regarding "Mistakes Do Happen," Letters, Feb. 4: You're joking, right? "Didn't occur to me that I was now self-employed"? "Complicated life"? Treasury Secretary Tim Geithner "may not be good at multitasking"? ...more

February 8, 2009

Super job Congratulations to Dick Beard and the Tampa Bay Super Bowl Host Committee. Super Bowl XLIII and all of the festivities surrounding the big game was an enormous success. Everything was top notch. From the hotels to the restaurants to all of the volunteers, everyone went above and beyond to pull off a fantastic celebration. We here at the South Florida Super Bowl Host Committee tip our hat to you. ...more

February 4, 2009

Just Don't Pay President Obama backed Democrat Tim Geithner as Treasury secretary despite the fact that he "accidentally" had not paid $32,000 to the IRS. Now the President has nominated Tom Daschle to be Health and Human Services secretary even though Daschle failed to pay $128,000 in taxes. ...more

February 3, 2009