| Sep 6, 2013
| 9:29 PM
Everybody wants to see the perpetrators of the financial crisis punished, but you have to feel a little sorry for Standard & Poor's, the credit rating firm being sued by the federal government for its role in the disaster.
S&P clearly has its back to...
| Sep 19, 2013
| 5:45 PM
Michael Barr served as the U.S. Treasury Department's assistant secretary for financial institutions in 2009 and 2010. He oversaw the Obama administration's dealings with Congress in creating the Consumer Financial Protection Bureau.
And he's still...
| Sep 27, 2013
| 6:28 PM
Dear Liz: What are your thoughts on charitable giving? I hear about tithing (giving 10% of income) but would have real problems trying to maintain that commitment. That said, I'd like to become a regular donor to a reputable charity.
Answer: Most U.S....
| Feb 13, 2008
The Bush administration's announcement Tuesday that it would put the foreclosure process on hold for 30 days to rescue struggling homeowners came several weeks too late for Mike Salgado.
And he's not even a homeowner.
Salgado, 40, is one of many renters...
| Mar 23, 2008
The economy is tanking, banks are scrambling for cover, the Fed is repeatedly cutting interest rates . . . and business is booming at pawn shop Crown City Loan & Jewelry in Old Pasadena.
Standing behind a display case brimming with hocked watches and...
| Apr 9, 2008
When Stockton resident Kevin Byrd refinanced his mortgage a couple of years ago, he figured he'd need the full 30 years to pay off more than $300,000 in debt.
Now he expects to get it done in just 10 years. Or less.
Byrd, 50, is employing a system...
| Jul 27, 2009
Students of the fine art of pointing fingers know that the key thing is to not make yourself look like an idiot in the process.
By that standard, the California Public Employees’ Retirement System just flunked.
In a lawsuit filed this month in...
| Oct 5, 2012
| 4:45 PM
The identifying characteristic of progressives' syndrome, which I believe psychiatrists have been following since the Truman administration, is their defensiveness about their own policies when they're challenged by Big Business and other stalwarts of the...
| Nov 4, 2012
Dear Liz: I am the single mother of four daughters, including one who has a serious heart condition that causes $10,000 to $30,000 in out-of-pocket medical expenses each year. These medical bills have caused me to file bankruptcy twice, but the...
| Sep 23, 2012
Dear Liz: I have read tons of books on finance and debt repayment, but I'm having trouble deciding what to do next. My husband and I are 52. He receives a monthly disability income, and I work two days a week. We still have about $105,000 left before...
| Sep 28, 2012
Like many people, Marlys Burke was thrilled when federal authorities unveiled a "do-not-call list" in 2003. She signed up immediately in hopes of keeping telemarketers at bay.
Nearly a decade later, how are things going?
"Not good," said Burke, 78, of...