Bear Stearns case: Not so simple

In yesterday’s opening statements in the criminal case against two Bear Stearns hedge-fund managers, Brooklyn federal prosecutors followed all the pundits’ advice and did […]

Predatory-lending lawsuits on the rise

During the housing boom, mortgage lenders were doling out the dough, giving loans to people who could never have qualified before.
Now, homeowners and government […]

TARP: Taxpayers on the hook for $200 billion

Taxpayers stand to lose between $100 billion and $200 billion on TARP — Treasury’s $700 billion financial market bailout.
While that’s nothing to sneeze at, […]

BRIC demand bigger share of IMF votes

The leading emerging BRIC nations maintain their demand for a 7 percent shift in voting power to developing countries at the International Monetary Fund, […]

Fed: Economic activity has ‘picked up’

The Federal Reserve kept interest rates near zero on Wednesday and said the economy is improving. But the Fed also pointed out ongoing job […]

Foreclosures: The struggle continues

The foreclosure crisis grinds on amid signs of hope.
A report released Thursday shows that substantially fewer people had their homes repossessed in August.
Unfortunately, […]

What’s NorthSide?

It’s an $8 billion proposal by O’Fallon, Mo.-based McEagle Properties to redevelop about 1,500 acres across three neighborhoods in north St. Louis. McEagle says […]

The housing recovery mirage

Is the housing bust over?
Shares of Toll Brothers (TOL), Hovnanian (HOV) and KB Home (KBH) and other builders have surged. The exchange-traded fund […]

The Dow: An index by any other name …

Dear Rupert Murdoch,
I’ve heard that you are considering selling the Dow Jones index business. It’s understandable if you need to raise some cash […]

Wall Street pay disclosure looms as flash point

Wall Street salaries have become everybody’s business lately, but the Obama administration’s pay czar may try to keep under wraps a large portion of […]