WASHINGTON - President Barack Obama on Wednesday imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with "executives being rewarded for failure." ...more

February 4, 2009

The big question is, who gets the $35,000 commode? ...more

February 1, 2009

Keep Workers On Job Like others, I am completely appalled about the layoffs of so many hardworking Americans recently. I am talking about principles, not racisms. Companies such as Bank of America, Citibank, Dell and Hewlett-Packard have been consistently outsourcing thousands of jobs overseas. Imagine all the possibilities for us Americans if these companies and others would keep the jobs in the U.S. ...more

January 31, 2009

BANKRUPTCIES Middle District of Florida Tampa Division CHAPTER 7 ...more

January 31, 2009

The major banks are a mess. Housing construction has nearly stopped. A flood of foreclosed homes has driven prices to rock-bottom levels. ...more

January 30, 2009

After State Farm revealed plans Tuesday to withdraw from the property insurance market in Florida, its customers wasted no time in searching for new coverage. ...more

January 29, 2009

Kimberly Matlock was about to lose her Illinois home to foreclosure when a shiny flyer from Clearwater arrived in her mailbox. ...more

January 25, 2009

The past several months have brought a new emotion into every home in America: fear. Fear that this economic meltdown will expose the core truth of a consumer society; a truth foretold in the old Southern expression, "Pigs get fed; hogs get slaughtered." ...more

January 25, 2009

Thain Resigns From Bank Of America NEW YORK (AP) - Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp. ...more

January 25, 2009

The major banks are a mess. New-home construction has nearly stopped. A flood of foreclosed homes has driven prices to rock-bottom levels. ...more

January 25, 2009