| Feb 17, 2013
Raymond "Chip" Mason first met Joseph A. Sullivan over dinner at a Chicago restaurant, where the founder of Legg Mason Inc. interviewed the young bond trading manager for a job with the Baltimore company.
A lot of the conversation, Mason recalled, was...
| Jan 7, 2013
| 4:37 PM
President Barack Obama is expected to soon nominate a new head of the Social Security Administration, replacing an incumbent appointed by his predecessor, George W. Bush, but the White House is mum on who should take the helm at the agency, which faces...
| Mar 19, 2013
| 11:33 AM
Ten years have passed since the United States invaded Iraq, a decision that almost everyone now ranks as one of the worst foreign policy blunders of our time. Why "almost"? Former President George W. Bush and his top aides still maintain that the invasion...
| Jan 8, 2013
| 11:46 AM
Periodically, one comes across a jaw-dropping example of lawsuit abuse. The Good Samaritan gets sued for preventing a suicide, the robber takes the store clerk to court for fighting back, the B-list starlet sues because nobody watched her sex tape...
| Mar 29, 2013
| 5:03 PM
Maryland employers punched the accelerator on job creation in February, adding 10,500 positions and bringing the state much closer to recovering its recessionary losses five years after they began.
The job growth estimates released Friday by the U.S....
| Mar 25, 2013
| 3:00 AM
When criminal prosecutors at the U.S. Department of Justice found that giant bank HSBC — whose American operation is chartered in Maryland — had violated money-laundering laws covering $200 trillion in transactions, and with customers...
| Jan 9, 2013
| 7:10 AM
Fiscal cliff is so last year. In 2013, it's all about the trillion-dollar coin. And there's at least one news outlet campaigning for the dream coin to feature Michael Phelps.
If you haven't been paying attention, the idea of a trillion dollar coin --...
| Jan 10, 2013
Richard Cordray, the director of the Consumer Financial Protection Bureau, is expected to announce the issuance of a pioneering federal rule Thursday that is intended to help prevent a repeat of the risky mortgage lending that led to the recent housing...
| Jan 16, 2013
TARP, the infamous Troubled Assets Relief Program that bailed out Wall Street in 2008, is finally over. The Treasury Department recently announced it will soon be completing the sale of the remaining shares it owns of the banks and of General Motors....
| Mar 13, 2013
VILLANOVA UNIVERSITY: Villanova University named the following students to the dean's list for the fall 2012 semester: Ava Calvano, from Forest Hill, pursuing a bachelor's degree in the College of Engineering; Chelsea Chu, from Forest Hill, studying...
| Dec 28, 2012
| 7:53 PM
Usually by early December, investment professionals have mapped out their outlook for the next year.
But such forecasting has been made difficult by the "fiscal cliff" — the confluence of spending cuts and higher taxes that kick in automatically...
| Mar 15, 2013
| 12:00 PM
A lifelong Democrat, I now find myself taking issue with the Obama administration in general and Federal Reserve Chairman Ben Bernanke in particular as it pertains to current Fed policy. What seemed to have been a good idea at the onset, to keep...