| Apr 1, 2014
| 6:00 AM
After an international bidding war, a Westside mansion often described as a French palace has changed hands for $102 million, making it the most expensive residential sale ever recorded in Southern California.
As is often the case with high-end...
| Apr 2, 2014
| 3:10 PM
What a fantastically ironic coincidence that on the same day the Supreme Court struck down a law limiting campaign contributions because money does not automatically corrupt politicians, we received news of the death of Charles Keating, the very poster...
| Mar 6, 2014
| 9:31 AM
Harford County government has received top ratings from the nation's three major municipal bond rating agencies in advance of a $40 million bond sale scheduled for March 11.
Standard & Poor's Ratings Services informed the county Tuesday it had upgraded...
| Apr 8, 2014
| 3:30 PM
Two founders of Third Way, a Washington think tank that carries water for Wall Street by pretending to be a "centrist" organization, have come out with a new proposal for a mass retirement program that, yes, will line Wall Street's pockets while promising...
| Mar 21, 2014
| 5:00 AM
A major player in the burgeoning business of renting single-family homes is cashing in on its portfolio — to raise money to buy more.
Colony American Homes — an arm of Santa Monica-based Colony Capital LLC — plans to issue $513.6...
| Mar 19, 2014
| 10:30 AM
Exactly two years ago, I wrote a column titled "Coping in a low interest world". At the time, short-term interest rates were essentially zero and the benchmark 10-year Treasury yield hovered at around 2.4 percent. Soon after, 10-year yields plunged to 40-...
| Oct 22, 2013
Mayor Rahm Emanuel was on hand when an organization of female business executives paid tribute last year to his financial guru, Lois Scott, for her pioneering role in helping cash-strapped governments solve their problems.
Many in the room shared an...
| Jan 24, 2014
| 2:09 PM
Wheaton Warrenville Community Unit School District 200 board members have approved an intent to borrow by issuing $10 million in working cash bonds.
The money would be used to fix a number of needs at school buildings, officials said.
| Oct 15, 2013
| 11:15 AM
NEW YORK – The prospect of a U.S. debt default has unnerved investors, corporate executives and foreign leaders.
What's so troubling about Congress failing to raise the nation’s debt ceiling by Thursday? Here are basic facts about the debt...
| Feb 18, 2014
| 11:57 AM
North Shore School District 112 officials argue the district's future looks bleak without closing four or even six of the district's 12 school buildings.
Members of the district's superintendent's citizen finance and facilities advisory committee have...
| Mar 1, 2014
| 4:37 AM
The Lyons Township High School District 204 school board recently approved about $22.6 million in projects at both campuses, including the renovation of the Reber fine arts center and cafeteria at the north campus in La Grange and the science labs at...