FEDERAL REGULATION McCAIN: Typically an opponent of government regulations, he has promised tougher ones for the financial industry in response to the current crisis. Though he has not been specific, McCain has said he would reduce the number of federal agencies overseeing banks, thrift institutions and markets to make accountability clearer while imposing tougher capital and disclosure requirements. ...more

November 2, 2008

As the list of companies seeking government help grows, it is anybody's guess where the Treasury Department's largesse will stop. ...more

November 1, 2008

First, the $700 billion rescue for the economy was about buying devalued mortgage-backed securities from tottering banks to unclog frozen credit markets. ...more

October 26, 2008

Banks borrowed in record amounts from the Federal Reserve's emergency lending facility over the past week, but investment banks drew loans at a slightly lower, but still brisk, pace. ...more

October 24, 2008

With all of the purely politically motivated negative action taken on the part of Congressman Barney Frank, chairman of the House Committee on Financial Services who uttered these now famous words, "These two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis," now comes another potential result of his committee's utter disregard for the advice of the Bush administration to take steps to rein in these two entities. ...more

October 21, 2008

WASHINGTON - This time, John McCain kept Barack Obama on the defensive. The feisty Republican tried hard to find a lifeline Wednesday night, challenging his Democratic rival at every turn over his truthfulness, associations and record. By that measure, McCain won the last debate of the 2008 campaign. But that may not be enough. ...more

October 16, 2008

Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after two disheartening reports convinced Wall Street that a recession, if not already here, is inevitable. The market's despair - fed by a stream of disheartening economic data - propelled the Dow Jones industrials down 733.08 points to 8,577.91 in its second-largest point loss ever. The major indexes all lost at least 7 percent. ...more

October 16, 2008

A. J. D'Amario of Hudson says Barack Obama has a closet full of skeletons. ...more

October 15, 2008

Democratic presidential candidate Barack Obama endorsed the federal government's plan to invest $250 billion in the nation's banks, saying it will strengthen the financial system and give taxpayers some extra protection. ...more

October 15, 2008

Action Lock And Safe usually sells a few home safes on Friday and Saturday -- total. But with a struggling banking sector, the Gunn Highway business sold seven safes Friday and two Saturday. ...more

October 13, 2008