Continuing economic turmoil in the U.S. and internationally is prompting a number of major law firms to form special multidisciplinary practice groups to help clients deal with financial crises. In…
With Congress’ refusal yesterday to approve a $700 billion Wall Street bailout, the Federal Reserve and the Treasury Department are using existing options to shore up confidence in the financial…
As federal lawmakers inch toward agreement on an emergency bailout plan for the U.S. economy that could cost taxpayers some $700 billion, government regulators both announced the biggest bank failure…
Moving fast in the midst of an extraordinarily troubled U.S. economy, federal regulators seized—and sold—the troubled Washington Mutual bank last night.
“Regulators simultaneously brokered an emergency sale of virtually all…
As officials in the Bush administration put on a full-court press this week to persuade Congress to enact emergency financial rescue legislation at a price tag…
After several days of high-level lobbying for emergency legislation allowing the federal government to spend some $700 billion to shore up the nation’s struggling economy, an agreement reportedly was reached…
A picture emerges of Justice Department officials with differing views on the use of harsh interrogation techniques in early 2002 when top White House officials met to discuss the issue.
As U.S. soldiers are fighting in Iraq, one of the biggest risks they face is the so-called IEDs—improvised explosive devices—that serve as bombs there.
In an about-face, the federal government has agreed to loan the American Insurance Group $85 billion in return for a nearly 80 percent ownership interest in the company, prompting debate…
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