Lou Pearlman and federal authorities have finally agreed on how much the former boy-band promoter swindled from banks and investors in a decades-long scam: a staggering $300 million. ...more

July 17, 2008

Police ordered angry customers lined up outside an IndyMac Bank branch to remain calm or face arrest Tuesday as they tried to pull their money out on the second day of the failed institution's federal takeover. ...more

July 16, 2008

The government's seizure of IndyMac Bank raises concerns for many consumers about whether their banks might be next. ...more

July 15, 2008

The bank executives who promised months ago the worst of the financial crisis had passed are looking less and less credible to investors. And that could pose a problem as the industry releases what are expected to be dismal second-quarter earnings over the next few weeks. ...more

July 15, 2008

As home prices continue to decline and loan defaults mount, federal regulators are bracing for dozens of American banks to fail during the next year. ...more

July 14, 2008

IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter credit, tumbling home prices and rising foreclosures. ...more

July 12, 2008

Senior government officials prepared emergency steps Friday to rescue troubled mortgage giants Fannie Mae and Freddie Mac but stopped short after a campaign of public statements eased immediate concerns about the stability of the institutions. ...more

July 12, 2008

Bank of America Corp., Countrywide Financial Corp. and other leading U.S. lenders adopted rules aimed at speeding the pace of mortgage modifications amid criticism that they haven't done enough to stem foreclosures. ...more

June 18, 2008

Federal officials are seeking more than $200 million in fines and restitution from CompuCredit and two banks that allegedly engaged in deceptive credit card marketing practices. ...more

June 11, 2008

Members of Congress pushed the Bush administration Friday to accelerate efforts to stem a rising tide of home foreclosures. ...more

November 2, 2007