| Oct 19, 2010
Maryland and most other states outlaw "pay for performance" for political lobbyists for a very good reason.
Experience has shown, going back to an 1853 case involving a Baltimore & Ohio Railroad lobbyist and the Virginia Legislature, that rewarding...
| Jun 26, 2011
| 8:13 PM
Amy Porter and Timothy Reid
Linda and Jim Porter, of Herdon, Va., announce the engagement of their daughter, Amy Lenore Porter, to Timothy Warren Reid, son of Donna and Dick Reid, of Towson.
The bride-to-be is a graduate of Oakton High School, in...
| Jul 5, 2011
You might not have paid attention to the fierce yearlong battle between merchants and banks over debit cards, but you'll likely notice last week's outcome in your wallet.
The dispute was over the debit card interchange fee — the payment merchants...
| Jul 7, 2011
| 1:29 PM
Maryland will share in a $75 million settlement that state attorneys general across the country negotiated with JPMorgan Chase & Co. to resolve allegations of bond derivative bid-rigging that defrauded states, counties and nonprofits, the state said...
| May 17, 2012
| 3:47 PM
Speaking to hundreds of Baltimore's business leaders in Harbor East on Thursday morning, U.S. Treasury Secretary Timothy Geithner praised President Barack Obama's handling of the recession and outlined his boss' financial reform wish list, which...
| May 16, 2012
Some want the 2012 election to be about regulating America's bedrooms. But it really ought to be about regulating the nation's boardrooms.
The bedroom regulators are on the move. Republicans don't want same-sex marriage. Mitt Romney says he's against it,...
| Apr 5, 2012
| 8:53 PM
A federal judge finalized on Thursday a landmark settlement that will bring nearly $1 billion in aid to Maryland homeowners who were victims of deceptive and illegal foreclosure practices.
The settlement, for $25 billion in total, was first reached in...
| Nov 1, 2011
| 6:42 AM
Apparently, consumers have a breaking point — a $5 monthly debit-card fee.
Since news broke late last month that Bank of America planned to introduce such a fee next year, the uproar hasn't abated.
Legislation was introduced in Congress to make it...
| Jul 16, 2012
| 4:00 AM
Why aren't more people furious about the Libor scandal?
That's a question mostly being asked on the political left these days, and they're right to ask it.
Here are the basics: Barclays is the second-largest bank in Britain and one of the largest in the...
| Jul 13, 2012
| 7:25 PM
After more than 31/2 years of bitter legal conflict, the judge in Tribune Co.'s bankruptcy case said he would approve a plan to transfer ownership of the Chicago media company to a group of hedge funds and banks based in Los Angeles and New York.
| Nov 2, 2011
Facing a consumer backlash and an online revolt, Bank of America said Tuesday that it won't adopt a $5 monthly debit card fee next year after all.
The move — which came after some banks had backed away from similar fees — is seen as a major...
| Jul 16, 2012
| 2:32 PM
A report that theU.S. Department of Justicehas opened criminal investigations into allegations that Wall Street's biggest banks conspired to rig interest rates tied to trillions of dollars in investments should hearten Baltimore City officials who have...