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Today's topic: Would we be better or worse off now if the government had let General Motors and Chrysler slip into bankruptcy? Complete Dust-Up: Day 1 | Day 2 | Day 3 Chapter 11 for GM and Chrysler would make Lehman seem like a party Point: Dean...
The Federal Reserve said today it had granted a request by the country's last two major investment banks -- Goldman Sachs and Morgan Stanley -- to change their status to bank holding companies. The Fed announced that it had approved the request of the...
The steep decline in U.S. stocks sent Asian stock markets tumbling sharply Tuesday as investors were rattled by concerns over an expanding global financial crisis. Japan's benchmark Nikkei 225 stock index fell 4.8 percent to 11,632.99, falling under than...
Today, Camerota, chairman of the California Mortgage Bankers Assn. and Leonard, the Center for Responsible Lending's California office director discuss the ethics of lending. Yesterday, they focused on the scale of the subprime crisis and proposed...
Tags: Loans, Consumers, Mortgages, Federal Reserve, Family
Times Staff WriterTwo distinct pictures of Phil Angelides, a Democrat running for governor, emerge from his record as state treasurer. There is the Angelides who campaigned in Santa Barbara for coastal protection -- and the one who took $143,200 in campaign checks from...
Times Staff WritersWASHINGTON — Vice President Dick Cheney opened a two-day White House-sponsored economic conference this morning, calling for spending discipline, extended tax cuts, and "an honest, straightforward, and realistic discussion about the future of the...
Tonawanda News, North Tonawanda, N.Y.I'm slightly embarrassed to admit I somehow had never read until last week one of our seminal works of literature, read by most in high school English class, "The Great Gatsby." F. Scott Fitzgerald's spellbinding tale of the origins and opulence of...
The Japan TimesJapanese automakers are expected to reap further profits, possibly at record levels, in the current business year to next March thanks to the yen's decline and the positive U.S. economic outlook, experts said. The carmakers have already benefited from...
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....
Tampa Bay Times, St. Petersburg, Fla.In 2006 the old downtown Mercantile Bank building sold for $9 million. The plan was to tear it down and build a 50-story condo tower. Oh, those were the days. Then the downturn hit, and the real estate bubble collapsed. The building was in foreclosure...
WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how...
Apr 3, 2009 |Story| Los Angeles Times
Sep 21, 2008 |Story| Los Angeles Times
Sep 15, 2008 |Story| Los Angeles Times
Jul 18, 2007 |Story| Los Angeles Times
May 4, 2006 |Story| Los Angeles Times
Dec 15, 2004 |Story| Los Angeles Times
May 19, 2013 |Story| McClatchy-Tribune
May 11, 2013 |Story| McClatchy-Tribune
May 4, 2013 |Story| Baltimore Sun
Apr 27, 2013 |Story| McClatchy-Tribune
Apr 24, 2013 |Column| Orlando Sentinel
Mar 29, 2013 |Story| Burbank Leader
Original site for Lehman Brothers Holdings Inc. topic gallery.