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Carl Washington, a former assemblyman, to plead guilty to fraud
L.A. NOWA top L.A. County Probation Department executive who once was a state assemblyman has agreed to plead guilty to federal bank fraud charges, admitting he bilked financial institutions out of nearly $200,000 by falsely claiming to be an identity theft...... -
S&P helped cause financial crisis with faulty ratings, Feds allege
WASHINGTON -- Standard & Poor's Corp. helped cause the financial crisis by misleading investors with falsely high credit ratings on bonds backed by toxic subprime mortgages, federal officials alleged Tuesday in announcing a civil suit against the company....
Tags: Kamala D. Harris, U.S. Department of Justice, Finance, Credit Ratings, Securities
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'After the Music Stopped' looks back at the fiscal collapse
-------------------- After the Music Stopped The Financial Crisis, the Response and the Work Ahead Alan Blinder Penguin Press: 496 pp., $29.95 -------------------- "Obamanomics was an incoherent blur to most citizens — and a not very...Tags: Federal Reserve, Finance, U.S. Congress, Henry Paulson, Economy, Business and Finance
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Mary Jo White won't be intimidated as SEC chief, Obama says
WASHINGTON -- President Obama nominated Mary Jo White to be the new head of the Securities and Exchange Commission, saying her track record as a hard-nosed prosecutor means she won't be easily intimidated as Wall Street's new top watchdog. "You don't...
Tags: Republican Party, Chuck Schumer, Elizabeth Warren, Criminals, U.S. Securities and Exchange Commission
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11 EU nations to plan tax on financial transactions
LONDON – Pressing ahead where others have balked, 11 European countries received the green light Tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash-strapped governments. Led by Germany and...
Tags: European Debt Crisis, Politics, France, United Kingdom, Finance
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Goldfinger Would Envy Latest Taxpayer Shakedown
It has become fashionable to despair of our supposed recent lack of technological progress. All the big inventions of modern society -- jet engines, television, nuclear weapons -- were on the scene by the early 1960s. Proponents of this view should...
Tags: Lehman Brothers Holdings Inc., Federal Reserve, Massachusetts Institute of Technology, Government Debt, James Bond (fictional character)
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European officials move to unify banks, aid Greece
LONDON -- European officials Thursday took two more steps in their fight against the region's lingering debt crisis, agreeing on a deal to put big banks under the oversight of a single supervisor and releasing desperately needed loans for Greece to pay...
Tags: European Debt Crisis, France, Central Bank, Finance, European Union
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Apodaca: Be careful about swiping cards as you shop
On the day after Thanksgiving, I ate leftovers, went to a movie, ate more leftovers, and put gas in my car in preparation for a trip to the Rose Bowl for the UCLA-Stanford football game the following day. Oh yes, I might also have been the victim of a...Tags: Personal Data Collection, Criminals, Politics, Crime Victims, Rose Bowl Game
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U.S. says UBS was motivated by 'sheer greed' in Libor rigging
WASHINGTON -- U.S. officials said Wednesday that banking giant UBS was motivated by "sheer greed" in rigging a key global interest rate and that the $1.5 billion in penalties the firm agreed to pay sends a strong message to the financial industry. The...
Tags: FBI, Criminals, United Kingdom, Prosecution, U.S. Department of Justice
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In defense of Susan Rice
Is U.N. Ambassador Susan Rice an appropriate choice as President Obama's second-term secretary of State? Nearly 100 House Republicans have come out against Rice, joining several prominent GOP senators. Meetings on Capitol Hill this week appear not to...
Tags: Republican Party, Brookings Institution, Wars and Interventions, International Military Interventions, Parties and Movements
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Digesting the Twinkies' lessons
"All Gods were immortal." -- Stanislaw Lec WASHINGTON -- And also brands, the gods of the marketplace. Earthquakes may strike, dynasties may fall and locusts may devour the crops, but Oldsmobile and Pan Am are forever. Never mind. But about the...
Tags: Breads, Lobbying, Financial and Business Services, Politics, Hostess Brands, Inc.
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The Rhubarb Patch: A tough discussion about ‘hard truths’ in the presidential race
Change of SubjectIn Wednesday's Tribune I debate the 2012 presidential race with conservative activist Chris Robling, a WGN-TV commentator and former executive director of the Cook County Republican Party. To Chris, from Eric: On the first night of the recent Republican...
Feb 21, 2013
| Los Angeles Times
Feb 5, 2013
|Story| Los Angeles Times
Jan 25, 2013
|Story| Los Angeles Times
Jan 24, 2013
|Story| Los Angeles Times
Jan 22, 2013
|Story| Los Angeles Times
Jan 4, 2013
|Column| Allentown Morning Call
Dec 13, 2012
|Story| Los Angeles Times
Dec 1, 2012
|Story| Daily Pilot
Dec 19, 2012
|Story| Los Angeles Times
Nov 29, 2012
|Story| Los Angeles Times
Nov 26, 2012
|Column| Orlando Sentinel
Sep 18, 2012
| Chicago Tribune
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