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Wall St Bailout

2008: What Will We Tell The Children?

Dr. Judith Rich | Posted 11.17.2011 | Healthy Living
Dr. Judith Rich

Pull up a chair and settle in while I spin a yarn about 2008. The story actually begins 20 years into the future (visualize a clock advancing rapidly...

Explaining the Economic Crisis

Ben Rosen | Posted 05.25.2011 | Business
Ben Rosen

A buck if you can explain what a credit-default swap is. I can't. But I learned from the Wall Street Journal that it's "a complex type of investment that acts like an insurance policy on loans and bonds."

Banks Condemn Credit Card Restrictions While They Receive Taxpayer Bailout

LA Times | David Lazarus | Posted 05.25.2011 | Business

You've got to love the banking industry. As our friends in the financial sector were passing the hat among taxpayers last week for $700 billion in ba...

Lawmakers report progress on financial rescue deal

AP | CHARLES BABINGTON | Posted 05.25.2011 | Business

WASHINGTON — Nervously eyeing the markets' next trading session, key lawmakers in both parties and Treasury Secretary Henry Paulson worked late ...

Democratic Leaders Negotiate Over Conditions For Bailout Plan

New York Times | This article was reported by David M. Herszenhorn, Stephen Labaton and Mark Landler, and written by Mr. Herszenhorn. | Posted 05.25.2011 | Business

Senate and House Democratic leaders said on Monday that they had reached an agreement on their conditions for approving a $700 billion rescue plan for...