| Jan 30, 2011
Legg Mason Inc. has bounced back from the worst of the financial crisis by many counts.
The Baltimore financial powerhouse has cleaned up its balance sheet without government help, returned to profitability and initiated a major cost-cutting program to...
| Jun 7, 2011
| 9:10 AM
I just can't take this anymore. I am sick of the Democrats (tax the rich) and Republicans (cut programs but not defense) and their endless back and forth about who is to blame for the deficit. Guess what gang? Both of you are.
A perfect example of this...
| Jun 10, 2011
| 4:19 PM
Robert G. Wilmers, M&T Bank Corp.'s chairman and chief executive officer, has been leading the Buffalo, N.Y., bank's shopping spree in Maryland.
After gaining a foothold in the state with the purchase of Allfirst Financial Inc. in 2003 (the same year...
| Jul 15, 2011
| 3:55 PM
While politicians in Washington refuse to compromise on raising the debt ceiling, small investors are worrying about what a stalemate might mean to their life savings.
Financial planners say they are having discussions regularly with clients about the...
| Nov 20, 2011
After a brutal third quarter in which the United States saw an unprecedented downgrade of its credit, many weary investors are staying on the sidelines.
Despite encouraging signs about new unemployment claims in recent days, uncertainty remains as the...
| Dec 24, 2011
| 5:00 PM
In coming years your community bank may be merging with a rival, closing branches and redesigning the interiors of branches that remain, says Columbia-based banking consultant Anita G. Newcomb. With nearly three decades of experience running banks,...
| Dec 7, 2011
| 5:51 PM
A representative with the accounting firm Weyrich, Cronin and Sorra reported that the town of Perryville ran a surplus of $1.3 million for the financial year that ended June 30.
Reporting on the town's audit for the spending year, the representative...
| Sep 28, 2011
| 5:35 PM
A decision by Towson University officials to return the school's allotment of tickets to Saturday's football game at Maryland was done as a "service" to its fans, athletic director Mike Waddell said.
Waddell said the number of tickets available on the...
| Dec 31, 2011
Investors had plenty to keep them jittery in 2011. There were the earthquake and tsunami in Japan, economic woes in Europe, and, here at home, politically tinged fiscal showdowns in Washington over deep government spending cuts.
Still, the stock market...
| Jan 9, 2012
Senate Majority Leader Harry Reid, a man whose political success is largely attributable to the aura of befuddled incompetence he uses to disarm his adversaries, was a failed Watergate baby.
In 1974, a slew of often sanctimonious and very liberal...
| Jul 20, 2011
| 11:18 AM
Earlier this week, Moody's credit rating agency announced it is reviewing the credit of Maryland and four other AAA rated states in light of the debate in Washington about the possible default of U.S. government debt — even though Maryland pays...
| Aug 23, 2011
| 1:12 PM
It is time to bring the dollars home.
One of the most discussed aspects of economic life in America is the amount of capital on U.S. corporate balance sheets. But according to research by Moody's, as much as half of U.S. companies' $1.24 trillion in cash...