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Watchdog: Gov't may have overpaid to bail out AIG
WASHINGTON - Officials handling the multibillion dollar bailout of insurance giant American International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG's business relationships, a government watchdog says.
People:Timothy Geithner Activities:2008 AIG Crisis
2009-11-16
Foreclosures dip 3 pct. in October from September
NEW YORK - The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers.
Nations:U.S. Activities:2008 U.S. Real Estate Crisis Source:(AP)
2009-11-12
Trial of ex-Bear Stearns execs goes to jury
NEW YORK (Reuters) - Pay and venue were the focus of a jury's early deliberations on Monday in the trial of two former Bear Stearns hedge fund managers accused of fraud over dealings in mortgage-backed securities early in the financial crisis.
Nations:U.S. Activities:Bear Stearns Collapse Source:(Reuters)
2009-11-09
Concern over capitalism on Berlin Wall anniversary
LONDON (AFP) - Dissatisfaction with capitalism is widespread around the globe 20 years after the fall of the Berlin Wall that heralded the demise of European communism, a poll released Monday showed.
Nations:Brazil France Germany Ukraine Pakistan Mexico Activities:Global Financial Crisis Source:(AFP)
2009-11-09
Big California bank fails, has China branches
WASHINGTON (Reuters) - United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both nations.
Nations:China U.S. Hong Kong Activities:Global Financial Crisis Source:(Reuters)
2009-11-09
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Matches Shown: | 1-50 | 51-100
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