| Jan 31, 2014
| 4:22 PM
The old saying goes that the devil is in the details, and while that's a tired old maxim, it really does apply to the murky world of campaign finance. While Lucifer himself may not show up on anyone's year-end reports,......
| Jan 25, 2014
| 8:44 PM
WASHINGTON — As Ben S. Bernanke walks away from the Federal Reserve's marble headquarters on the Mall after presiding over his last policy meeting Wednesday, he will leave behind a bittersweet legacy.
On one hand, his unprecedented efforts to...
| Sep 24, 2013
| 2:39 PM
WASHINGTON -- Rep. Elijah E. Cummings, the top-ranking Democrat on the House Committee on Oversight and Government Reform, called for the head of AIG to resign over comments he made comparing outrage over executive bonuses to lynchings that took place...
| Sep 25, 2013
| 10:22 AM
One can scarcely blame an appropriately-outraged Rep. Elijah E. Cummings for calling on AIG's Robert Benmosche to step down after the CEO compared the public criticism of the generous bonuses given top finance industry executives to lynchings in the...
| Sep 27, 2013
| 12:30 PM
The traditional anniversary gift for a fifth anniversary is wood, so to honor of the fifth anniversary of the financial crisis, you can hand out wooden nickels. Five years ago, the U.S. financial system was brought to its knees. As a reminder of just...
| Sep 27, 2013
| 12:30 PM
Last week marked the beginning of the fifth anniversary of the financial crisis. In the first week of that fateful September, four investment banks vanished (Lehman Brothers declared bankruptcy, Bank of America swallowed the ailing and near-failing...
| Sep 13, 2013
| 11:32 PM
The 2008 financial crisis and its aftermath introduced Americans to a new world of financial jargon and acronyms.
•Subprime: That was the banking industry's designation for mortgages made to borrowers with shaky credit. As the housing...
| Aug 25, 2013
| 4:31 PM
Sometimes, things are even better the second time around. That's what Steven Udvar-Hazy is hoping.
Nearly 40 years after co-founding International Lease Finance Corp. and pioneering its successful model of buying airplanes and leasing them to airlines,...
| Sep 12, 2013
The Hartford Financial Services Group endured a massive overhaul in the past year and a half that resulted in a smaller company with far fewer employees.
The remaining employees, however, say they enjoy working for a property-casualty and mutual funds...
| Jul 12, 2013
| 7:55 AM
WASHINGTON -- Sen. Elizabeth Warren has launched a campaign to make banks boring again as she pushes legislation to enact stricter regulations forcing deposit-taking financial institutions out of the investment business.
The Massachusetts Democrat wants...
| Dec 11, 2012
| 9:56 AM
Customers last year were not pleased with Bank of America and its many fees, giving the institution its lowest satisfaction score since 2000.
The score of 66 on a scale of 100 is 3% lower than the bank’s tally in 2010, according to the American...