by Max Frumes | Apr 15, 2010 | Business & Tech, Politics
WASHINGTON — The U.S. Postal Service could eliminate Saturday delivery without losing any “career jobs” to help solve its financial crisis, Postmaster John Potter told a congressional committee on Thursday. During a House Oversight and Government Reform...
by Max Frumes | Apr 15, 2010 | Business & Tech
WASHINGTON — Wall Street’s self-regulatory body that self-admittedly failed to detect 2008’s major financial scandals has a plan to not miss the next one. The Financial Industry Regulatory Authority is touting its new fraud team as the key to...
by Max Frumes | Apr 14, 2010 | Business & Tech, Topics
Get the Flash Player to see this content. SEC IG David Kotz talks about what it takes to be the inspector general. Max Frumes/MNS WASHINGTON – On the sixth floor of the Securities and Exchange Commission, his office and staff sectioned off beyond an additional layer...
by Max Frumes | Apr 8, 2010 | Business & Tech
WASHINGTON – Pre-emption of state laws against predatory lending was not a major cause of the financial crisis, according to testimony on Thursday by current and former federal bank regulators. A congressional commission charged with investigating the roots of...
by Max Frumes | Apr 6, 2010 | Business & Tech
WASHINGTON — The special bipartisan commission established by Congress to examine the causes of the financial crisis resumes its hearings Wednesday, taking on the heads of subprime lending institutions at the heart of the crisis and the government institutions...
