| 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...
| Apr 5, 2013
| 3:25 PM
The 2012 pay package for Liam E. McGee, chairman and CEO of The Hartford Financial Services Group, was more than double what he received in 2011, according to documents filed Friday afternoon with the U.S. Securities and Exchange Commission.
| May 3, 2013
| 12:45 PM
I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1).
First of all, we need to...
| Oct 16, 2013
| 2:32 AM
Fighting fires on land has its risks, but tackling blazes on yachts, whether in the water or docked, presents its own challenges.
That's what more than a dozen Fort Lauderdale and Davie firefighters learned Tuesday during specialized marine firefighting...
| May 31, 2013
| 7:44 PM
Insurance giant American International Group Inc.'s attempt at selling its Century City aircraft-leasing company to a consortium of Chinese investors has run into turbulence because a deposit payment was not received on schedule.
AIG revealed in a...
| 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 26, 2013
| 5:39 PM
NEW YORK — A federal judge will soon decide how much Bank of America should pay for some of Countrywide Financial Corp.'s sins in the lead-up to the financial crisis.
Federal prosecutors want BofA to pay $864 million after the bank's stinging...
| Nov 12, 2013
| 3:40 AM
WASHINGTON -- President Obama on Tuesday will nominate the Treasury Department official in charge of the $800-billion financial bailout fund to be the next chairman of the Commodity Futures Trading Commission, which oversees the complex derivatives...
| Nov 12, 2013
| 7:20 PM
WASHINGTON — President Obama tapped a senior Treasury official to take over as one of Wall Street's top regulators, leading the agency charged with overseeing complex financial derivatives.
Obama said Tuesday he would nominate Timothy Massad to...
| Nov 16, 2013
| 7:31 AM
WASHINGTON -- Former Secretary of the Treasury Timothy F. Geithner is becoming a financial industry executive, taking a high-level job with the private-equity firm Warburg Pincus, the firm announced Saturday.
Geithner, who was a major player in the...