| Jun 29, 2014
It was the worst U.S. economic calamity since the 1930s.
Over 18 months, the Great Recession erased trillions of dollars in wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in...
| Jul 14, 2014
| 6:39 PM
With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp.
The government has...
| Jul 16, 2014
| 3:04 PM
American Bank of South Whitehall Township on Wednesday announced earnings of $1.3 million in the quarter ended June 30, up 9 percent from the same period a year ago, due to gains on investments.
The bank's overall loan portfolio was flat, with interest...
| Jun 4, 2014
| 11:32 AM
Three of the nation's financial regulators on Wednesday launched a broad effort to identify rules that are unnecessary or too burdensome for banks.
Under a 1996 law, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the...
| Jul 3, 2014
| 9:39 AM
South End Savings, a $35 million-asset savings and loan founded in 1914, has been told by regulators that it "needs to improve" on its lending to low- and moderate-income areas.
The Homewood-based institution was one of nearly 100 U.S. banks with...
| Jun 4, 2014
| 8:14 PM
| Apr 16, 2014
| 7:14 PM
If your heart skipped a beat when you heard about the latest major online security threat, a bug called Heartbleed, calm down. It's not worth having a heart attack over.
But you can't dismiss Heartbleed, either. You likely will have to change some...
| Mar 22, 2014
| 6:19 PM
In front of news cameras, federal authorities have talked tough about combating mortgage fraud.
But behind closed doors, some FBI offices didn't even list mortgage fraud as a top priority, and the Department of Justice repeatedly promoted inflated...
| Apr 28, 2014
| 8:40 AM
The trustee overseeing the Ponzi scheme of “boy band” promoter Lou Pearlman is sending out more checks to victims, but the amount is still paltry compared to the nearly $300 million fraud case.
On Monday a second distribution of $5.6 million...
| Mar 20, 2014
| 8:00 PM
Customized TV Listings are available here: www.latimes.com/tvtimes
Click here to download TV listings for the week of March 16-22, 2014 in PDF format
This week's TV Movies
Last Man Standing When Boyd (Flynn Morrison)...
| May 19, 2014
| 9:23 PM
About 60,000 service members will receive a cut of $96 million in settlements that federal regulators announced Tuesday with student loan servicer Sallie Mae over allegations that its terms violated service members' rights. Authorities alleged Sallie...
| Mar 21, 2014
| 9:44 AM
Zions Bancorp, which failed a Federal Reserve test simulating a severe recession, says it has shed some high-risk holdings and will submit a beefed-up capital plan for approval.
Zions said the Fed determined that its holdings of loans and securities...