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As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major — and ultimately controversial...
LOS ANGELES TIMESThree executives who led high-risk home lender Washington Mutual Bank as it skidded toward the biggest bank failure in U.S. history have agreed to settle a government lawsuit for as much as $64 million — far from the $900 million the Federal Deposit...
Money & CompanyJPMorgan Chase & Co. is pressing ahead with an expansion of its California branch network even as Bank of America Corp. plans to close some less profitable offices. The Chase Bank parent is saying that it intends to open about......
Money & CompanyTargeting executives of the housing boom's biggest stated-income lender, the Securities and Exchange Commission has accused former IndyMac Bancorp Chief Executive Michael W. Perry and two former chief financial officers of defrauding investors at the...
Money & CompanyIn an eye-catching report Wednesday, the nonprofit news outfit ProPublica said 97,000 homeowners have been stuck in trial loan modifications for more than six months under the government's anti-foreclosure program, which was supposed to generate permanent...
Fox59.comGeneral Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration's plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government. GM's bankruptcy filing is the fourth-...
Jerry and Carol Ptacek bounced from one cramped apartment to another most of their adult lives, so they could hardly believe their luck when they were able to buy a San Bernardino house for the bargain price of $63,000. Nine years later, they are renters...
WASHINGTON (AP) - The economy contracted at a staggering 6.2 percent pace at the end of 2008, the worst showing in a quarter-century, as consumers and businesses ratcheted back spending, plunging the country deeper into recession. The Commerce Department...
Tags: Business, Barack Obama, Sports, Football, Career and Workplace
Citigroup said Friday it is splitting up into two businesses as it reported a fourth-quarter net loss of $8.29 billion _ its fifth straight quarterly loss. In Citigroup's reorganization, one business, Citicorp, will focus on traditional banking around...
PASADENA -- A seven-member group of investors has teamed up to buy the remnants of failed lender IndyMac Bank for $13.9 billion, federal regulators said Friday. The Federal Deposit Insurance Corp. said a holding company led by Steven Mnuchin, co-chief...
Tags: Finance, Economy, Business and Finance, KTLA, Mortgages, Seattle
The American League-worst Seattle Mariners don't plan to raise ticket prices for next season, and they might even offer some cheaper seats in response to tough economic times. "We are not looking to raise ticket prices," Bob Aylward, the team's vice...
NEW YORK (AP) -- Wall Street's worst fears came to pass Monday, when the government's financial rescue plan failed in Congress and stocks plunged precipitously -- hurtling the Dow Jones industrials down nearly 7 percent. The almost 780-point decline was...
Jun 5, 2012 |Story| Los Angeles Times
Dec 13, 2011 |Story| Los Angeles Times
Apr 5, 2011 | Los Angeles Times
Feb 11, 2011 | Los Angeles Times
Feb 24, 2010 | Los Angeles Times
Jun 1, 2009 |Story| WXIN-LTV
Apr 12, 2009 |Story| Los Angeles Times
Feb 27, 2009 |Story| WXIN-LTV
Jan 16, 2009 |Story| WXIN-LTV
Jan 2, 2009 |Story| KTLA-LTV
Oct 5, 2008 |Story| KCPQ-LTV
Sep 29, 2008 |Story| WPIX-LTV
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