Guaranty Corporation

The federal agency that protects worker pension plans said Thursday that it has assumed responsibility for the plan that covers about 760 former employees of Skokie-based map publisher Rand McNally & Co. The Pension Benefit Guaranty Corp. said it took...

With the turmoil in the financial services sector, you might be concerned about the safety of all that money you've allowed to be deducted from your paycheck and invested in a 401(k) or other retirement account. The Federal Deposit Insurance Corp....

The federal agency that protects worker pension plans has assumed responsibility for the plan that covers about 760 former employees of Skokie-based map publisher Rand McNally & Co. The Pension Benefit Guaranty Corp. said it took the action "because the...

First mortgage lenders. Then Wall Street investment firms. Now insurance companies? Several dozen jittery Marylanders called state regulators yesterday in reaction to big insurer American International Group's struggles to stay solvent - it eventually...

How far will the bailout binge go? So far this year, the federal government has put upnearly $30 billion to avert a major financial default by the investment bank Bear Stearns Cos.; committed to investing as much as $200 billion in preferred stock of the...

Delphi Corp. and General Motors Corp. said Friday they have reached a deal on the automaker's role in Delphi's bankruptcy that puts the supplier on track to exit Chapter 11 by year-end. Under the deal, GM's financial support of Delphi's emergence from...

Auto-parts supplier Delphi Corp. has until Friday to transfer its pension plans for hourly workers to its former parent, General Motors Corp., or the government's pension insurer says it plans to file a claim for another $900 million of Delphi's assets....

The Maryland Insurance Commission said yesterday that it approved a restructuring plan for troubled bond insurer ACA Financial Guaranty Corp. after months of regulatory review and oversight, which was triggered by the company's involvement in the subprime...

Many people are worried about the security of their money on the heels of the third-largest U.S. bank failure last month. But Carl of Perry Hall says he is worried about something else. "What concerns me more so are funds that I have tied up in...

Dear Liz: I recently read that merchants aren't allowed to ask for customers' identification when processing credit card transactions. But this has become incredibly common. In fact, I can't remember the last time that I wasn't asked for ID when using a...

General Motors Corp. should assume pension liabilities from Delphi Corp. by the end of September or risk bearing additional costs from its troubled former auto-parts subsidiary, a U.S. agency says. The Pension Benefit Guaranty Corp. is concerned that...

WASHINGTON — The federal agency charged with backstopping pension benefits for 44 million Americans has understated the risks of its new investment policy, a congressional watchdog said Monday. The Government Accountability Office said in a...