iOS app Android app

Representative Elijah Cummings

Congressman Cummings, 'AIG Can Crush You Like a Bug'

Janet Tavakoli | Posted 11.25.2013 | Business
Janet Tavakoli

U.S. taxpayers bailed out AIG and its counterparties. Employees earned huge partial bonuses anyway, and no one went to jail. Now, five years later, AIG's new CEO, Robert Benmosche, is acting like a big smug guy who got away with something, because AIG did.

Where Has All The Info Gone, Long Time Passing

Joel Sucher | Posted 07.31.2013 | Business
Joel Sucher

With the termination of the Independent Foreclosure Reviews (IFR) via OCC caveat the question remains: What's going to happen to the so-called "work ...

Fannie, Freddie Regulator Eyeing Mortgage Debt Relief Proposal

Posted 12.27.2011 | Business

The regulator for Fannie Mae and Freddie Mac was reviewing a proposal to help troubled homeowners by forgiving a portion of their outstanding mort...