Latest Savings and Loan Crisis Stories
DETROIT, Jan. 21, 2011 /PRNewswire/ -- Howard Keating, CEO of the Keating Network, is launching a "business reality" satellite radio program on Jan. 24, which will simulcast on the Keating Network website.
The U.S. thrift industry has posted its first profit since the third quarter of 2007, U.S.
The financial meltdown of 2008 has created a banner year for a few opportunistic U.S.
By CHRISTOPHER WILLS By Christopher Wills The Associated Press SPRINGFIELD, Ill. Scraping for any advantage in the campaign's waning days, John McCain and Barack Obama are introducing voters to a new cast of characters.
By Leonard Doyle * Investment and loan furore returns to haunt Republican contender The clean fight for the White House promised by John McCain and Barack Obama degenerated into an unruly brawl yesterday as the two campaigns dredged up events from 20, 30, even 40 years ago to smear each other.
Democratic U.S. presidential candidate Barack Obama Monday began hitting his Republican challenger's involvement in the 1989-90 savings-and-loan scandal. The multimedia campaign is designed to push back against what the Obama campaign calls Sen.
By Tom Raum and Jeannine Aversa Associated Press WASHINGTON -- Struggling to stave off financial catastrophe, the Bush administration on Friday laid out a radical bailout plan with a jaw-dropping price tag -- a takeover of a half-trillion dollars or more in worthless mortgages and other bad debt held by tottering institutions.
The number of troubled U.S. banks leaped to the highest level in about five years, and bank profits plunged by 86 percent in the second quarter as slumps in the housing and credit markets continued. Federal Deposit Insurance Corp.
By Louise Story The seizure of IndyMac Bancorp by U.S. regulators marks one of the largest bank failures in American history. The bank, once part of Countrywide Financial, is the first major bank to shut its doors since the mortgage crisis erupted more than a year ago.
- A trick or prank.