| Jul 19, 2013
| 4:32 PM
Investors for years have poured money into bonds despite the low yields, viewing them as low-risk and reliable. The trend has been so dominant that some experts have warned of a so-called "safety bubble."
But after the Federal Reserve indicated that...
| Jul 31, 2013
| 3:40 PM
President Barack Obama has appointed Sarah Bloom Raskin, a former top Maryland financial regulator, as deputy secretary of the U.S. Treasury Department, the White House announced late Wednesday.
Raskin, 52, has served as a governor of the Federal...
| Aug 5, 2013
| 4:56 PM
Patapsco Bancorp Inc. announced Monday that Phil Phillips has been named president and CEO of the Dundalk-based bank holding company.
Phillips, who had been executive vice president, replaces Michael J. Dee, who resigned from the positions he had held...
| Aug 7, 2013
| 9:56 AM
We already know that federal regulators have undermined accountability for abuses by mortgage servicing companies. In another disturbing development, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) are refusing to turn over...
| Aug 3, 2013
| 12:46 PM
To win the two-bedroom Canton condo Jillian Rimmer wanted, she offered to pay $75 more a month than the asking rent of $1,600.
It worked: The landlord chose her bid, and she and a roommate live there now.
"I was willing to pay that for the great...
| Aug 16, 2013
| 1:10 PM
Victor "Vic" Turyn, a retired Federal Bureau of Investigation and Federal Reserve Bank of Richmond official who had been an outstanding quarterback at College Park in the late 1940s, died Aug. 11 of heart failure at his Ellicott City home. He was 91....
| Aug 25, 2013
Federal Reserve Chairman Ben Bernanke plans to step down when his term expires at the end of January — if not sooner — and President Barack Obama is expected to nominate a successor this fall.
Right now, the front-runners appear to be former...
| Oct 18, 2012
| 3:51 PM
A man accused of plotting to attack the Federal Reserve in New York considered striking a lightly guarded military installation in Baltimore, according to authorities.
Quazi Mohammad Reswanul Ahsan Nafis, a 21-year-old Bangladeshi national, was...
| Oct 23, 2012
| 4:55 PM
The Federal Reserve announced Tuesday that Patapsco Bancorp of Dundalk has agreed to take steps to maintain the soundness of the company and its Patapsco Bank subsidiary
The company and the bank must submit plans showing how they will sustain...
| Oct 24, 2012
| 4:27 PM
Patapsco Bancorp of Dundalk reported Wednesday that it earned $365,000, or 18 cents per share, in the first quarter ended in September. That's an increase from a year earlier, when the parent of Patapsco Bank posted a profit of $128,000, or 7 cents a...
| Nov 2, 2012
| 7:30 AM
I was flabbergasted by Stanley Glinka's recent letter criticizing President Obama's performance in office ("Obama made U.S. weaker, more vulnerable," Oct. 31). He obviously lives in a different country than the rest of us.
Let me point out that over...
| Nov 1, 2012
| 1:48 PM
MEET THE CANDIDATES
When Marylanders head to the polls Nov. 6, they will elect members of the U.S. Senate and House of Representatives in addition to casting their ballots for president. Dozens of people are running for a chance to represent the...