Credit rating agencies, criticized for moving too slowly in cutting ratings on Wall Street firms and the complex instruments they...
National News
The U.S. Treasury Department worked through the weekend with Congress to craft a plan to spend as much as $700...
American International Group Inc., which was bailed out by an $85 billion government loan last week, not only has posted...
Former U.S. Securities and Exchange Commission Chairman William Donaldson said the United States needs a regulatory overhaul, similar to changes...
The troubled U.S. flood insurance program would be temporarily extended for seven months under legislation introduced in Congress Thursday, buying...
American International Group Inc., which narrowly escaped financial collapse this week, on Thursday said it had named Edward Liddy as...
Liberty Mutual Group announced that the Washington insurance commissioner has approved Liberty Mutual’s acquisition of Safeco, which was the last...
Reuters reports that Representative Barney Frank (D – Mass.) has introduced a bill to extend the National Flood Insurance Program...
Standard & Poor’s Ratings Services will hold a telephone conference call today, Thursday, Sept. 18, 2008, at 3 p.m. Eastern...
Standard & Poor’s Ratings Services has revised the CreditWatch status of most of its ratings on the AIG group of...