Derivative Securities

by Frank James We have what may be our first significant Republican sacrifice to the voter gods by Republican presidential nominee John McCain. That would be Securities and Exchange Commission Christopher Cox who, McCain said, bears significant blame...

by Mark Silva and updated at 8:30 pm The 110-page bailout - the one offering the nation's "clogged'' financial markets a $350-billion purchase of bad mortgage debt and then another $350 billion if Congress buys it again - is ready......

Assistant Treasury Secretary Neel Kashkari speaks to the Institute of International Bankers Monday. (AP/Haraz N. Ghanbari) by James Oliphant Neel Kashkari has a critical job that didn't even exist a few weeks ago. He's the "assistant secretary for...

by William Neikirk A major economic stimulus package, including funds to rebuild the nation's infrastructure, is shaping up as one of the top ideas for responding to the worst financial crisis since the 1930s. Asked to name key measures that......

by Frank James The Federal Reserve and Treasury Department unveiled their latest plans to loosen up the mortgage and consumer credit markets. The Fed is basically going to buy up to $600 billion in bonds and mortgage-backed securities of......

by Frank James Federal Reserve Chairman Ben Bernanke and the rest of the central bank policymakers decided to throw the long ball down the field to the end zone when everybody thought they were just going to try and pick......

While Orange Bowl Committee members are pulling double duty, serving as ambassadors for tonight???s 75th annual FedEx Orange Bowl and next Thursday???s BCS National Championship Game, some people ??? and places -- are doing triple duty. The Dolphin...

It's kind of like reading a novel about a schizophrenic Senator who can't resist doing favors for donors, but feels bad about it after he lets them wreck the nation's economy. For some light weekend reading, you might want......

by Frank James As expected, the Federal Reserve did the expected today, leaving unchanged a key interest rate which is essentially at zero. Still, the statement by the Fed's policymaking team, the Federal Open Market Committee, is noteworthy for a......

by Jim Puzzanghera and Maura Reynolds Treasury Secretary Timothy Geithner this morning unveiled the Obama administration's $1.5-to-$2 trillion plan for stabilizing the nation's malfunctioning financial markets, including a public-private partnership to...

by Maura Reynolds The Federal Reserve today announced an aggressive program to bolster the housing and credit markets by more than doubling their purchases of mortgage-backed securities and U.S. Treasury bills in an efforts to free up credit and lower.......

by Mark Silva President Barack Obama is getting ready "to go at it'' tomorrow night, with his second prime-time news conference. Today, following his daily briefing on the economy, the president spoke out in the Cabinet room to say that......