This story was co-published with The Washington Post.
As the financial crisis worsened toward the end of 2008, CEO Jeffrey Immelt and other leaders at General Electric repeatedly assured the public that there was no need to worry about the company’s ability to access credit markets and refinance its massive debts as they came due.
But in private conversations that alarmed then-Treasury Secretary Henry Paulson, Immelt laid out a different picture of GE’s credit situation, according to Paulson’s new book about the … more…
On Wednesday, ProPublica and NPR's Planet Money announced an ongoing investigation into the inner workings of Wall Street during the … more…
ProPublica's Jake Bernstein and Jesse Eisinger and NPR's Planet Money are collaborating on an investigation about the inner workings of … more…
This story is part of an ongoing investigation with NPR's Planet Money.
Almost three years since banks started taking losses that … more…
Dec. 2, 2009: This post has been corrected.
The U.S. Food and Drug Administration is weighing further regulation of three drugs used … more…
Nov. 3: This post has been corrected.
After federal regulators accused the University of Phoenix of systematic enrollment abuses in … more…
Jeffry Picower, the 67-year-old businessman and philanthropist who reaped billions from Bernard Madoff’s Ponzi scheme, was found dead in … more…
New York Attorney General Andrew Cuomo, along with three state senators, announced legislation that would fix some of the glaring … more…
As a man who cherishes his privacy, the attention Jeffry Picower received on Thursday must have made him wince. On the same day that … more…
The man who Bernard Madoff’s Ponzi scheme may have enriched the most responded in court filings today to allegations that he was … more…
Goldman Sachs has proved once again that it knows how to make money. Wednesday’s announcement of a record quarterly profit of $3.44 … more…
January 15, 2010
Is BofA Doing Enough to Help Homeowners? Christina Rexrode, Charlotte Observer, January 15, 2010
November 12, 2009
AIG Chief’s Mission: Save Executive Pay Mary Williams Walsh, New York Times, November 12, 2009
November 05, 2009
Bank Crackdown Draws Criticism Damian Paletta, Wall Steet Journal ($), November 05, 2009
October 19, 2009
Bailout Helps Fuel New Era of Wall Street Wealth Graham Bowley, New York Times, October 19, 2009
October 07, 2009
SEC Probing Biggest Hospital Company Zachary A. Goldfarb, Washington Post, October 07, 2009
October 06, 2009
Pay Czar Targets Salary Cuts Deborah Solomon, Wall Steet Journal ($), October 06, 2009
September 30, 2009
Lack of Equity Slows Federal Aid Program Renae Merle, Washington Post, September 30, 2009
September 25, 2009
Battle Brews Over Unused TARP Cash Deborah Solomon and Michael R. Crittenden, Wall Street Journal ($), September 25, 2009
September 15, 2009
U.S. Awards Cities Millions in Stimulus Grants Lisa Lambert, Reuters, September 15, 2009
September 14, 2009
Bailed-Out Firms Post Expense Rules Tomoeh Murakami Tse, Washington Post, September 14, 2009