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Judge revives Dexia's mortgage lawsuit vs. JPMorgan
Reuters(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt. Citing a recent federal appeals court decision...Tags: Washington Mutual Inc., Justice System, Trials, Jamie Dimon, JPMorgan Chase & Co.
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First Mariner's Hale retires
Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...Tags: Real Estate, Loans, Finance, Companies and Corporations, Financial and Business Services
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Geithner said to consider departure from Treasury
Treasury Secretary Timothy F. Geithner has signaled to White House officials that he's considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the federal debt limit, according to three people...Tags: Moody's Corporation, Harvard University, Johns Hopkins University, Internal Revenue Service, Finance
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First Mariner, Hale face future without each other
Edwin F. Hale Sr. has always run headfirst into challenges. Walking away is not his style.
But after years of trying to turn around the company he founded, that's what the First Mariner Bancorp chairman and chief executive agreed to do last week —...Tags: Real Estate, Retirement, Finance, Homes, Justice System
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Bernanke, 'bold,' offered anew for Fed
The SwampBy Christi Parsons and Mark Silva OAK BLUFFS, Mass. -- President Barack Obama, praising Federal Reserve Chairman Ben Bernanke for resolute handling of the worst economic crisis in decades, said today that he will nominate the appointee of his Republican.....Tags: Rahm Emanuel, Upper House, George W. Bush, Car Repair and Maintenance Tips, Private Health Care
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Obama nominating Bernanke: New term
The Swampby Jim Puzzanghera and Christi Parsons Federal Reserve Chairman Ben S. Bernanke, a scholar of the Great Depression who moved boldly last fall to prevent another economic catastrophe, will be nominated by President Obama to a second four-year term as......Tags: Rahm Emanuel, Upper House, George W. Bush, Justice System, Politics
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The missing parts to get Detroit roadworthy again
President Bush saved thousands of jobs in the U.S. automobile industry last week when he agreed to provide General Motors and Chrysler with $13.4 billion from the Troubled Asset Relief Program. The low-interest loans will keep the two manufacturers from...Tags: Vehicles, Freddie Mac, George W. Bush, U.S. Department of the Treasury, Washington (U.S. state)
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Obama's Cabinet Begins to Take Shape
WASHINGTON -- President-elect Barack Obama on Friday selected the head of the Federal Reserve Bank of New York as his nominee for Treasury secretary, choosing a vigorous advocate of government intervention in the troubled economy who nonetheless...Tags: U.S. Cabinet, Bill Richardson, Finance, Stock Activities, U.S. Embassy
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Rx for our financial crisis
Call it "a bailout in every pot": Having poured money into storied Wall Street institutions and major banks, the federal government is considering more aid for homeowners who are defaulting on their mortgages, along with billions in loans to help two U.S....Tags: Values, Money and Monetary Policy, Freddie Mac, Politics, University of Southern California
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Stocks Tumble As Bailout Plan Fails In House
NEW YORK (AP) -- Wall Street's worst fears came to pass Monday, when the government's financial rescue plan failed in Congress and stocks plunged precipitously -- hurtling the Dow Jones industrials down nearly 7 percent. The almost 780-point decline was...Tags: NYSE Euronext, Inc., Finance, Stock Activities, Unrest, Conflicts and War, Consumers
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U.S. engineers sale of WaMu to JPMorgan
In the biggest bank failure in U.S. history, Washington Mutual Bank was seized late Thursday by federal regulators and immediately sold to JPMorgan Chase & Co. for $1.9 billion. Customer deposits will be secure, regulators said, but shareholders of the...Tags: Finance, Pasadena (Los Angeles, California), California, Freddie Mac, Jamie Dimon
May 17, 2013
|Story| Reuters
Feb 24, 2012
|Story| Reuters
Dec 23, 2011
|Story| Baltimore Sun
Jun 30, 2011
|Story| Baltimore Sun
Apr 24, 2011
|Story| Baltimore Sun
Aug 25, 2009
|Blog| Chicago Tribune
Aug 25, 2009
|Blog| Chicago Tribune
Dec 23, 2008
|Story| Los Angeles Times
Nov 22, 2008
|Story| KTLA-LTV
Oct 31, 2008
|Story| Los Angeles Times
Sep 29, 2008
|Story| WPIX-LTV
Sep 26, 2008
|Story| WXIN-LTV
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