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Panel hears pros and cons of American-US Airways merger
Critics and supporters of a merger of American Airlines and US Airways to form the nation's largest carrier testified for the first time Tuesday in a hearing before a congressional panel. The merger, announced Feb. 14, would cost $1.2 billion in one-...
Tags: Brookings Institution, Labor Legislation, Corporate Crime, Air Transportation Industry, U.S. House of Representatives
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House Republicans sharply divided on 'fiscal cliff' deal
WASHINGTON -- A sharply divided House Republican leadership struggled to reach agreement on a measure to avoid part of the so-called “fiscal cliff,” as key members said they could not support the compromise approved early Tuesday by the...
Tags: Heritage Foundation, U.S. Congress, Congressional Budget Office, Democratic Party, Personal Income
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Wall Street Roundup: Diving into the hedges. Einhorn's risky bet.
Money & CompanyGold: Trading now at $1,535 per ounce, up 0.7% from Thursday. Dow Jones industrial average: Trading now at 12,432.39, up 0.2% from Thursday. Diving into the hedges. Pension funds are throwing money back into hedge funds, in part because the...... -
Palin drawn into House Financial Services Committee chairmanship fight
Money & CompanyThe race for the powerful chairmanship of the House Financial Services Committee, humming along largely behind the scenes, has received an Alaska-sized boost in visibility after one of the Republican contenders dissed "tea party" heroine Sarah Palin. Rep.... -
Elizabeth Warren defends new consumer financial agency against strong criticism from Republicans
Money & CompanyElizabeth Warren, the Obama administration adviser setting up the controversial Consumer Financial Protection Bureau, strongly defended the new agency Wednesday against sharp Republican criticism that it is an unaccountable and dangerous new bureaucracy.... -
House committee votes to limit power of new Consumer Financial Protection Bureau
Money & CompanyThe House Financial Services Committee voted to limit the power of the new Consumer Financial Protection Bureau as Republicans continued to fight against the centerpiece of last year's Wall Street reform law. Voting largely along party lines, the... -
Poll: Americans' views of Fed turn more hostile
Money & CompanyFederal Reserve Chairman Ben S. Bernanke has tried to speak plainly to the people, but it apparently isnât helping the central bankâs image. A Dec. 4-7 Bloomberg News survey of 1,000 Americans found that 39% believe the Fed should be...... -
Spencer Bachus, incoming House financial chairman, gets heat for saying regulators should 'serve' banks
Money & CompanyThe incoming Republican chairman of the House Financial Services Committee is facing fire for recently saying that Washington and banking regulators should "serve" the banks. Rep. Spencer Bachus (R-Ala.), who recently beat back a challenge from Ed Royce... -
Social nets wrap: Facebook, Twitter reactions to Obama speech from Vitter, Thompson and Boehner
Top of the TicketRepublicans don't like it and Democrats do.... -
Fannie and Freddie shares head for the graveyard
Money & CompanyThe government on Wednesday appeared to pull the plug on any remaining hopes that shares of Fannie Mae and Freddie Mac might be worth something. Stocks of the busted mortgage-finance titans plunged after their regulator, the Federal Housing Finance... -
Never mind
Last year, Congress showed a rare bit of shame after "60 Minutes" reported on stock trading by key members of the House and Senate that smelled of opportunism. The TV show spotlighted the trading activity of Republican House Speaker John Boehner of...
Tags: Theft, Labor Legislation, State of the Union Address, John Boehner, Politics
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Capitalism is an irrational political system
Contributing columnistYes, it’s irrational. And it’s what the GOP says it wants for our country, to save us from becoming “like Europe.” It’s also what the post-New Deal Democratic Party stands for, only a little less. Let’s start with...Tags: Politics, Barack Obama, Companies and Corporations, Finance, Mike Crapo
Feb 26, 2013
|Story| Los Angeles Times
Jan 1, 2013
|Story| Los Angeles Times
May 27, 2011
| Los Angeles Times
Nov 10, 2010
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Mar 16, 2011
| Los Angeles Times
May 13, 2011
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Dec 9, 2010
| Los Angeles Times
Dec 15, 2010
| Los Angeles Times
Jun 16, 2010
| Los Angeles Times
Jun 16, 2010
| Los Angeles Times
Apr 27, 2013
|Story| Chicago Tribune
Jul 6, 2012
|Story| AM News
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