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Working poor didn't cause crash
I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1). First of all, we need to...
Tags: Federal Deposit Insurance Corporation, Personal Income
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Thank you, AIG?
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...
Tags: Finance, Bankruptcy, Credit Ratings, U.S. Department of the Treasury, Companies and Corporations
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Dulaney Valley Apartments to be torn down and redeveloped as luxury units
Dulaney Valley Apartments in Towson have been sold and will be torn down and redeveloped as luxury apartments with triple the density at a cost of $100 million, the seller and buyer have confirmed. But Baltimore County Councilman David Marks, who...
Tags: Towson, Baltimore County, Real Estate Transactions, Chesapeake Realty Partners, David Marks
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Ten Maryland banks remain in TARP, while Treasury winds down program
Delmar Bancorp has no regrets about taking a $9 million investment from the federal Troubled Asset Relief Program, even though some banks have rushed for the exit. "We did it as an abundance of caution," said Ed Thomas, president of the parent of Bank of...
Tags: Ellicott City, Finance, First United Corp., Elkton, F.N.B. Corporation
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Robert B. Reich: How Wall Street is trying to avoid U.S. oversight
While all eyes are on the Supreme Court and Obamacare, a quieter battle is being waged against the president's other major initiative, the Dodd-Frank financial reform act. Wall Street has already watered down or delayed most of Dodd-Frank. Now it wants...
Tags: Finance, Europe, JPMorgan Chase & Co., Lloyd Blankfein, Regulatory Policy and Organizations
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Will Wall Street prevail?
Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first...
Tags: Mortgages, Finance, Barack Obama, Ronald Reagan, Interior Policy
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Obama's faith-based liberalism
Rick Santorum's assertion that President Barack Obama's agenda is not about the quality of life or jobs but "some phony ideal. Some phony theology" may not be an appropriate characterization of his religious views. However, it is an accurate description...Tags: Jimmy Carter, Finance, Barack Obama, Interior Policy, Rick Santorum
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T. Rowe Price needs a few good women
The Board of Directors ofT. Rowe Price Group, Inc, a company worth over $16 billion, have given us investors the opportunity to vote for or against only one woman to join their Board of Directors at their annual meeting on April 17. Worse, there is...Tags: T. Rowe Price, General Motors Corp., United Nations, Companies and Corporations, Feminism
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Local thrift officer accused in stock fraud by SEC
Federal securities regulators allege an executive at Eastern Savings Bank in Hunt Valley participated in a fraudulent short-selling scheme involving his personal brokerage firm, according to a complaint filed Monday. In an administrative case, the U.S....Tags: Charles Schwab, Sears, Investment Service, Hunt Valley, Jos. A. Bank Clothiers Inc.
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Reich: European debt crisis proves Wall Street has learned nothing
It's impossible to know whether Occupy Wall Street will coalesce into a political movement, but there's little question Wall Street is still up to its old tricks.
Right now the Street is dedicating all its lobbying power to water down regulations...Tags: Lehman Brothers Holdings Inc., Finance, Europe, Money and Monetary Policy, Morgan Stanley Dean Witter & Company
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You don't need to occupy Wall Street to know it's out of control
This week, President Obama travels to Wall Street, where he'll demand -- in light of the Street's continuing antics since the bailout, as well as its role in watering down the Volcker rule -- that the Glass-Steagall Act be resurrected and big banks be...Tags: Groupon, Inc., Democratic Party, Finance, Europe, Federal Deposit Insurance Corporation
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Community banks deserve support, too
I read with interest Peter Yarrow's recent opinion piece in The Sun ("Tell the banks 'no thanks,'" Nov. 4).Though I certainly get his point about providing the public sound options in support of their banking needs, he threw smaller community banks...Tags: Lehman Brothers Holdings Inc., Bank of America Corp., Banking, Goldman Sachs Group, Inc.
May 3, 2013
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Jan 8, 2013
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Dec 3, 2012
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Nov 16, 2012
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Jun 27, 2012
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Oct 8, 2012
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Feb 20, 2012
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Apr 5, 2012
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Apr 16, 2012
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Oct 12, 2011
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Nov 2, 2011
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Nov 15, 2011
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American International Group Photos
Danny Sreenan has joined Skender Construction as senior...
(January 15, 2013)
People pass the AIG building, in New York, Tuesday. Ame...
(January 9, 2013)
A banner for American International Group Inc (AIG) han...
(January 9, 2013)
