| Feb 13, 2014
| 5:23 PM
There's a story former U.S. Treasury Secretary Henry "Hank" Paulson tells in Joe Berlinger's unsettling new documentary, "Hank: 5 Years From the Brink," about "Goodnight Moon."
His wife, Wendy, suggested that instead of the insistent monotone we grew...
| Feb 5, 2014
| 5:35 PM
SACRAMENTO -- Republican candidate for governor Neel Kashkari has raised more than $900,000 in the last two weeks, according to a new report filed by his campaign on Wednesday.
The candidate's former boss at the U.S. Treasury Department, Henry Paulson,...
| 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...
| Jul 16, 2013
| 8:35 PM
Herbert Allison Jr.
Headed Fannie Mae, U.S. bank rescue program
Herbert Allison Jr., 69, a former head of the U.S. government's bank rescue program and chief executive of Fannie Mae after it was taken over by the government, died Sunday at his home in...
| 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...
| May 23, 2011
Midway through the HBO docudrama "Too Big to Fail," the head of the Federal Reserve Bank of New York despairs that ordinary Americans "have no idea the whole thing is about to fall down."
He's referring not to the stock market, which already was plunging...
| May 23, 2011
"Too Big to Fail," which premieres Monday on HBO, is the latest of that network's high-toned original films ("Recount," "The Late Shift," "From the Earth to the Moon," the upcoming "Game Change") in which a large cast of medium-big-to-big-named actors...
| Nov 28, 2011
| 3:00 AM
In September 2008, the U.S. financial system was teetering on collapse and the stock market was shaky. But Alabama Republican Rep. Spencer Bachus saw opportunity in the crisis. According to an investigation by the CBS news program "60 Minutes," Mr. Bachus...
| Nov 9, 2010
We meet all the usual suspects — the round robin of Robert Rubin, Henry Paulson, Timothy Geithner and their ilk, bouncing from big investment banking firms to positions of power in assorted presidential administrations or high-ranking roles in the...
| Feb 11, 2011
The trillion-dollar question comes around yet again: Would a government bailout of Lehman Bros. in September 2008 have avoided the global financial crisis and the market crash that followed it? Former Merrill Lynch CEO John Thain thinks so, according to.....
| Jul 22, 2011
Treasury Secretary Timothy F. Geithner met Friday with Federal Reserve Chairman Ben. S. Bernanke and New York Fed President William C. Dudley to discuss what would happen if Congress does not raise the nation's debt ceiling by an Aug. 2 deadline....