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Former Bear Stearns managers acquitted Two former Bear Stearns hedge-fund managers have been acquitted of lying to investors about the implosion of the subprime mortgage market. ...more
November 11, 2009
Let me see if I have it right: Older Americans ought to keep working in order to lighten the burden of Social Security and assorted benefits on younger generations. ...more
March 22, 2009
A $14 billion bailout for Detroit's struggling Big Three has died in the Senate after failing on a procedural vote. ...more
December 12, 2008
The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry. ...more
November 21, 2008
If there was anything certain about the federal bailout of the banking sector, it's that the venture would not stop at the banking sector. Giving out hundreds of billions of dollars in government assistance to one industry is like giving out free beer to the students in one corner of a college campus - it has a way of attracting a crowd. ...more
November 1, 2008
In August, Rebecca and Guiseppe Scarfone bought their first home, a foreclosed former investment property in the Bridgewater community off Curley Road. ...more
October 19, 2008
Months before a financial implosion shook shoppers straight to their checkbooks, Saks executives realized a problem might be brewing with their holiday lineup. ...more
October 18, 2008
Sadly, history has a way of repeating itself. It is particularly alarming to note the parallels between the economic crisis that devastated America in the late 1920s and the implosion in the financial markets that is occurring today. What does history teach us about the ingredients common to these parallel crises? And how do our presidential candidates stack up in light of these similarities? ...more
September 26, 2008
Illusionist Criss Angel received the go-ahead Monday to show off his skills during the implosion of a Clearwater Beach hotel this month. ...more
July 22, 2008
Illusionist Criss Angel says it's a go: He will show off his escape artist skills during the implosion of a Clearwater Beach hotel this month. ...more
July 21, 2008
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