| 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...
| 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...
| May 4, 2013
Christopher Lee cut his teeth on public-private partnerships 26 years ago as a Lehman Brothers executive in charge of financing projects in Asia.
He put together a consortium of local investors to build a $1.8 billion, 12-mile toll road in Bangkok....
| Oct 9, 2013
| 5:05 PM
The latest out of the extreme conservative wing of the Republican party is that a failure of the U.S. government to take the steps necessary to pay all its bills on time would be no biggie. They say we could juggle things around and avoid missing any...
| Oct 16, 2013
| 5:59 PM
Add another potential casualty of Washington's gridlock: the holiday shopping season.
The congressional stalemate that brought about a partial government shutdown has rattled Americans already spooked by years of economic weakness. And the uncertainty...
| 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...
| 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 15, 2013
The weekend highlights, by night: SUNDAY 1. “The Walking Dead,” at 9 p.m. on AMC, focuses on Andrea (Laurie Holden) to deliver a suspenseful episode that would do Alfred Hitchcock proud. There are at least three classic moments in this...
| May 19, 2011
| 8:44 AM
If the economy hadn't hung in the balance, the economic meltdown of 2008 would make for a great tragic play.
Still, the epic story of hubris and greed makes for a gripping, if overly taut HBO film, "Too Big to Fail," airing Monday, May 23. Based on...