| 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...
| Nov 19, 2013
| 12:36 PM
NEW YORK -- JPMorgan Chase & Co.'s historic $13-billion settlement with the federal government will pay down a major chunk of the bank's ballooning legal tab.
The Justice Department on Tuesday announced the widely expected settlement of faulty...
| Nov 1, 2013
| 6:42 AM
SOUTHINGTON — Many middle-aged executives-turned-entrepreneurs start working for themselves because they were downsized, or thought they might be laid off soon.
By contrast, Carlos Lara, 57, bought a business with a brother so that so that his...
| Jul 31, 2013
| 2:08 PM
If the money can be had, this is a great environmental victory: The Trust for Public Land announced Wednesday that it has reached an agreement to buy and protect a stunning 1,000-acre tract along the shore called The Preserve — the last...
| Aug 28, 2013
| 12:47 PM
Nearly 40% of the nation’s best-paid CEOs over the past two decades were either fired, forced to take government bailouts or in charge of companies that paid huge amounts in fraud-related claims.
That’s the conclusion of a report Wednesday...
| Sep 22, 2013
The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit.
The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
| May 19, 2014
| 3:11 PM
I was watching from inside my shiny tower in London’s financial district the day that Lehman Bros. collapsed. Bankers were walking out the revolving doors clutching files and family photos, economic refugees in well-cut suits. The party was over. Of...
| Feb 6, 2014
| 12:29 PM
With his slightly oversized suits, quiet raspy voice and large digital watch, Hank Paulson comes across as someone's kindly Midwestern uncle in "Hank: 5 Years from the Brink," not a former Goldman Sachs chief executive who became the man tasked with...
| Apr 28, 2014
| 6:21 PM
Speculation continues that ownership of Formula One might be on the verge of changing hands.
Canadian fashion tycoon Lawrence Stroll has been in talks about buying part of the international racing series, Britain's Sky News reported last week, and he'...
| Jan 28, 2014
| 11:13 AM
Outgoing Federal Reserve Chairman Ben Bernanke, 60, probably won't win many popularity contests. He's frequently been vilified by the political left for doing too little and by the right for doing too much. Most Americans probably have no idea what he...
| Mar 25, 2014
| 12:30 PM
Peter Taylor, the UC system’s chief financial officer and executive vice president, said Tuesday that he is leaving the university to run a Los Angeles-based education foundation that will focus on helping low- income students succeed in K-12...