Banks borrowed in record amounts from the Federal Reserve's emergency lending facility over the past week, but investment banks drew loans at a slightly lower, but still brisk, pace. ...more

October 24, 2008

A handful of top executives from American International Group Inc. spent thousands of dollars during a recent English hunting trip, even as the New York-based insurer asked for an additional $37.8 billion loan from the Federal Reserve. ...more

October 16, 2008

Mom was having a bad day. When she called just after noon she said she had been in an accident and was standing next to her car on Dale Mabry Highway, and would I come over? ...more

October 10, 2008

WASHINGTON - Less than a week after the federal government had to bail out American International Group Inc., the company sent executives on a $440,000 retreat to a posh California resort, lawmakers investigating the company's meltdown said Tuesday. ...more

October 7, 2008

The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector. ...more

October 7, 2008

For Citymeals-on-Wheels, a nonprofit group that delivers food to homebound New Yorkers, the Wall Street crisis already means 100,000 fewer meals will be delivered to people who need them. ...more

October 6, 2008

American International Group said Friday it plans to sell a number of business units to pay off its massive government loan. ...more

October 4, 2008

The magnitude of the bailout demanded, rather than proposed by Treasury Secretary Henry Paulson, is astonishing. Take AIG, American International Group, an insurance company worth over a trillion dollars. Paulson says it will cost $85 billion to save AIG. ...more

September 30, 2008

WASHINGTON - A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said Monday. ...more

September 29, 2008

Few actions taken by Congress have been as complicated as the proposed $700 billion rescue of Wall Street. Here's a closer look at how it would work. ...more

September 29, 2008