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Banks Interested in Deal, Paulson Says

The federal proposal to invest $250 billion in financial institutions has drawn ''interest from a broad group of banks of all sizes,'' Treasury Secretary Henry M. Paulson Jr. said yesterday.

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21.10.2008 06:00:00 - washingtonpost.com - Business

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Money-Market Rates Drop as Banks Get Bailouts

Money-market rates fell yesterday, extending last week's declines, as governments bailed out banks and policymakers intensified efforts to combat the freeze in lending with cash injections.

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21.10.2008 06:00:00 - washingtonpost.com - Business

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Retirement Fund Director Seeks to Calm Workers' Nerves

In tumultuous times, investors have tumultuous thoughts. Some federal employees invested for retirement in the Thrift Savings Plan's ultra-safe G Fund became unnerved recently. They worried that with the government on the hook for billions of dollars in financial rescue funds, it might raid the G...

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21.10.2008 06:00:00 - washingtonpost.com - Business

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A Return to Thrift

Sometimes it takes a near-death experience to change bad behavior. Think of your friend who quit smoking after a coronary incident. Or look at how banks are reducing their dependency on debt after watching rivals go belly-up. On Wall Street, this process of reducing debt relative to equity is called...

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21.10.2008 06:00:00 - washingtonpost.com - Business

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IMF Director Admits to Workplace Affair

Dominique Strauss-Kahn, the managing director for the International Monetary Fund, apologized to his colleagues yesterday for having an affair with a staff member, but he denied allegations that he had abused his power.

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21.10.2008 06:00:00 - washingtonpost.com - Business

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Economy Slices Into Internship Programs

Among the anonymous victims of the plummeting stock market are 30 D.C. high school seniors who wrote essays, garnered teacher recommendations and attended job training sessions every day for a month. It was all to give them a shot at landing an after-school internship at some of the Washington re...

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21.10.2008 06:00:00 - washingtonpost.com - Business

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Expanded GI Bill Too Late for Some

The new GI Bill passed by Congress over the summer, which dramatically expands veterans benefits, was lauded as a sign that the country was looking after this generation of warriors. But don't extol its virtues to Grey Adkins, who served two tours with the Navy off the coast of Iraq, is $10,000 in...

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21.10.2008 06:00:00 - washingtonpost.com - Business

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Wave of Optimism Sends Stocks Up

Stocks surged yesterday on indications that government efforts to thaw the credit markets are making some headway.

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21.10.2008 06:00:00 - washingtonpost.com - Business

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As Fuel Prices Fall, Will Push For Alternatives Lose Steam?

Just four months ago, a conference here on electric cars drew four times as many people as expected. District fire marshals ordered some of the crowd to leave, and the atmosphere was more like that of a rock concert than an energy conference. A brief film depicted an electric car owner driving of...

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20.10.2008 06:00:00 - washingtonpost.com - Business

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Unregulated Market Faces Test as Corporate Defaults Pile Up

The unregulated market where protection against financial defaults is bought and sold will be tested in the coming weeks as never before, as countless claims are settled on a series of expensive corporate casualties at the heart of the credit crisis.

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20.10.2008 06:00:00 - washingtonpost.com - Business

washingtonpost.com - Business

Banks Interested in Deal, Paulson Says

Money-Market Rates Drop as Banks Get Bailouts

Retirement Fund Director Seeks to Calm Workers' Nerves

A Return to Thrift

IMF Director Admits to Workplace Affair

Economy Slices Into Internship Programs

Expanded GI Bill Too Late for Some

Wave of Optimism Sends Stocks Up

As Fuel Prices Fall, Will Push For Alternatives Lose Steam?

Unregulated Market Faces Test as Corporate Defaults Pile Up

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