One American Carmaker -- Our Best Solution?
If the Detroit Three were to merge into one company, ownership shared with the American people, it could benefit everyone; the carmakers, their dealers and their customers
If the Detroit Three were to merge into one company, ownership shared with the American people, it could benefit everyone; the carmakers, their dealers and their customers
John Tepper Marlin | Posted 10.06.2008 | Politics
The Obama and McCain brands have been rated by branding-strategy expert Patt Cottingham of Genuine Imprints, Ltd . Her paper "Brand Obama or Brand Mc...
Footnoted | Michelle Leder | Posted 07.18.2008 | Business
On Tuesday, Countrywide's sex party house sold at auction for $475K, a substantial haircut from the $1.1 million Countrywide was in for. Keep in mind ...
Lori Mozilo | Posted 07.17.2008 | Business
When the mortgage crisis broke, there was as flurry of innuendos and allegations about Angelo and Countrywide. However, reporters are merely recycling misinformation they've gotten from each other.
Footnoted | Michelle Leder | Posted 07.14.2008 | Business
Footnoted regulars know that I've been chronicling the fate of Countrywide's sex party house in Holmes Beach, Fl and using it as a metaphor to explain...
Washington Independent | Charles R. Morris | Posted 07.07.2008 | Business
Financial markets have finally internalized the brutal fact that house prices still have a long way to fall. The full-year price drop in 2007 was 8.5 ...
Hale "Bonddad" Stewart | Posted 06.26.2008 | Business
I don't see anything inherently wrong in the pursuit of profit. However, I do see something wrong with what has happened underneath the surface of the economy over the last 7-10 years.
AP | CARYN ROUSSEAU | Posted 06.25.2008 | Business
CHICAGO — The nation's biggest mortgage lender engaged in "unfair and deceptive" practices to get homeowners to apply for risky mortgages far be...
Carol Felsenthal | Posted 06.20.2008 | Politics
Chris Dodd, Donna Shalala, Richard Holbrooke, David Boren can be scratched from Obama's short list (and perhaps even his long list) for vice president and for cabinet or other high-level positions
Michael Lewittes | Posted 06.05.2008 | Entertainment
"Being Ed McMahon was an expensive proposition." A lot of cash "went to tips," noted Fisher, who recalled walking through hotels with McMahon as he would hand out money to anyone who helped him.
LA Times | Posted 05.21.2008 | Business
Apparently clicking "reply" when he meant to hit "forward," Countrywide Financial Corp. Chairman Angelo Mozilo ignited an online furor Tuesday by desc...
AP | ALEX VEIGA | Posted 05.15.2008 | Business
LOS ANGELES — A federal judge has ruled that a shareholder lawsuit against Countrywide Financial Corp. executives and directors should go to tri...
AP | CHRISTOPHER S. RUGABER | Posted 05.07.2008 | Business
WASHINGTON — Mortgage lender Countrywide Financial Corp., which is under investigation for inflating certain borrowers' fees, acknowledged Tuesd...
AP | ALEX VEIGA | Posted 04.29.2008 | Business
LOS ANGELES — Countrywide Financial Corp. said Tuesday it lost $893 million in the first quarter, as rising loan defaults amid a deepening housi...
AP | Posted 04.25.2008 | Business
CALABASAS, Calif. — A securities filing shows Countrywide Financial Corp. CEO Angelo Mozilo earned about $10.8 million in total compensation and...
CNN | Posted 03.08.2008 | Business
The FBI has launched an investigation into the lending practices of battered home lender Countrywide Financial Corp., according to a report in The Wal...
AP | JIM ABRAMS | Posted 03.07.2008 | Business
WASHINGTON — Three corporate executives called in for a shaming by Democratic lawmakers Friday defended raking in hundreds of millions of dollar...
AP | ALEX VEIGA | Posted 02.11.2008 | Business
LOS ANGELES — Countrywide Financial Corp., under pressure to help stem growing home loan defaults, says it will expand programs to help borrower...
AP | ALEX VEIGA | Posted 01.29.2008 | Business
LOS ANGELES — The $422 million loss Countrywide Financial Corp. reported Tuesday didn't appear to scare off Bank of America. "At this point, ev...
Danny Schechter | Posted 01.14.2008 | Business
A self-interested maneuver by America's biggest consumer bank is being cast in a heroic light, as the "rescue" of America's biggest mortgage company.
AP | IEVA M. AUGSTUMS | Posted 01.11.2008 | Business
Bank of America Corp. said Friday it has agreed to buy Countrywide Financial for $4 billion in stock, a deal that both rescues the country's largest m...
Reuters | John Poirier and Jonathan Stempel | Posted 01.10.2008 | Business
Bank of America Corp (BAC.N: Quote, Profile, Research) is in advanced talks to buy struggling Countrywide Financial Corp (CFC.N: Quote, Profile, Rese...
AP | Madlen Read | Posted 01.10.2008 | Business
A volatile Wall Street advanced Thursday for the second day in a row, as investors found renewed confidence in a report that Bank of America Corp. is ...
BusinessWeek | Ben Steverman | Posted 01.09.2008 | Business
In case you were still harboring a tiny bit of optimism about the U.S. housing sector, just take a look at a couple of headlines from Jan. 8. KB Home ...
AP | Madlen Read | Posted 01.08.2008 | Business
Wall Street skidded lower in another erratic session Tuesday as investors worried that the tumbling economy may not only cripple mortgage lenders like...
Mark Wahlberg is not a fan of a "Saturday Night Live" sketch from October 4th called "Mark Wahlberg Talks...
E&P reports that Sarah Palin was greeted with a chorus of boos at the Philadelphia Flyers game where she...
The state of the McCain campaign is drawing fire from its own ostensible allies....
At a rally in Bethlehem, Pa. last week, Cindy...
Imagine an election where one of the participants...
Does John McCain "pal around with terrorists?" Certainly...
This week in the best of...
Tina Fey told TVGuide she'll be "done" if John McCain and...
With the presidential campaign approaching its final...
**SCROLL DOWN FOR SLIDESHOW** It looks like Sarah Palin has traded her...
Now that a full-scale economic crisis is upon us, many are left asking the complicated but necessary...
I don't know if Sarah would be into trying yoga. It can be a fairly...
PORTERVILLE, Calif. — National forests and parks _ long popular...
Steve Parker | Posted 10.12.2008 | Business