The catchall fraud law that catches too much

When it comes to fighting white-collar crime, the sharpest arrow in the federal prosecutor’s quiver is a law most nonlawyers have never heard of, known as the “honest-services fraud” law.

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The catchall fraud law that catches too much

Bank failures stack up: Now 105 for 2009

The tally of bank failures easily broke past the No. 100 milestone on Friday night, with regulators announcing the year’s 105th closure.

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Bank failures stack up: Now 105 for 2009

Federal action prevented second Great Depression — White House

Without the bold steps taken by the federal government over the past year, the country could have fallen into a second Great Depression, said the White House’s chief economic adviser.

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Federal action prevented second Great Depression — White House

A test case for Wall Street justice

Despite all the finger-pointing over who’s to blame for the worst financial crisis since the Great Depression, just two prominent players face criminal charges.

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A test case for Wall Street justice

Consumer credit dives for 7th month

Consumer credit pulled back for the seventh straight month in August, led by a steep decline in credit card usage, a government report said Wednesday, as unemployment soared and cash-strapped consumers continued to limit spending.

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Consumer credit dives for 7th month

Bank bailout problem: No easy answers

It’s time for Sheila Bair to stop worrying about bailout politics and hit Uncle Sam up for some dough.

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Bank bailout problem: No easy answers

Treasurys steady ahead of Fed announcement

Prices for U.S. Treasurys were slightly lower Wednesday as the U.S.

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Treasurys steady ahead of Fed announcement

Stocks rise on global boost

Stocks rose at Tuesday’s open, keying off markets around the globe, as investors dug back in after the previous day’s selloff.

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Stocks rise on global boost

Stocks poised for strong start

U.S.

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Stocks poised for strong start

Ex-Bear chief sees Lehman silver lining

The collapse of Lehman Brothers was “unfortunate” but spurred the global policy coordination that ultimately saved the financial system, former Bear Stearns chief executive officer Alan Schwartz said in his first interview since Bear’s fall last year.

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Ex-Bear chief sees Lehman silver lining

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