January 11, 2013 Timothy Geithner presided over Treasury at a particularly tumultuous time. The banking system was still in a crisis, and people were soon calling for his head. Naming his replacement four years later, President Obama said Geithner will be remembered "as one of our finest secretaries of the Treasury."
January 10, 2013 Just for the sake of financial fun, we've calculated how much platinum it would actually take to mint a coin with $1 trillion worth of the metal in it. Turns out, it's probably more platinum than mankind has available on the market right now.
January 10, 2013 As businesses face more complex regulations and heightened scrutiny by prosecutors, companies are turning to investigative firms to help keep watch over their employees. The idea behind the "corporate monitoring" business is to nip misconduct in the bud before law enforcement catches a whiff of it.
January 10, 2013 Three more fiscal cliff-type deadlines are fast approaching. They involve: 1) raising the debt ceiling 2) imposing automatic spending cuts and 3) funding the federal government to avert a partial shutdown.
January 10, 2013 The Consumer Financial Protection Bureau's new rules that are scheduled to be released Thursday come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards. The rules will go into effect next January.
January 9, 2013 From Superstorm Sandy to gun laws to the fiscal cliff, national issues are on the minds and the lips of the nation's governors setting their state agendas this week. Some want Congress and President Obama to act; others are urging state legislators to do what Congress hasn't.