| 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...
| Jul 12, 2013
| 6:29 PM
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.
| Jul 22, 2013
| 1:40 PM
DETROIT (AP) — Four years ago, America's Big Three automakers mortgaged all they owned or went into bankruptcy court to keep from going broke.
Since then, General Motors, Chrysler and Ford have all returned to full financial health, unlike Detroit...
| 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,...
| Jun 26, 2013
| 6:05 PM
County paying 8 percent more for insurance
The Washington County Board of Commissioners Tuesday approved a recommendation to renew county insurance policies for the upcoming fiscal year.
By a 4-0 vote, the board retained Travelers Insurance Co. for...
| 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.
| Jun 18, 2013
Desiree Tibbets' mother died in 1995. Her father passed away four years later.
Yet Tibbets, 39, never knew — and was never informed by her parents' life insurer, Prudential — that she was the sole beneficiary for their policies.
| Jun 7, 2013
| 2:42 PM
For years, the White House and many lawmakers have been saying the government needs to put Fannie Mae and Freddie Mac out of their misery. Yet they live on. And now their stock charts look like electrocardiograms.
Both companies' common shares are up...
| Jun 3, 2013
| 5:43 AM
WASHINGTON (AP) — Ronald Machen and James Cole have pursued their share of headline-makers, taking on between the two of them an All-Star baseball pitcher, government contractors, members of Congress, a federal judge and a mayoral campaign.
| 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...
| 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...