Odyssey to buy company stake Tampa treasure-hunting company Odyssey Marine Exploration Inc. announced a deal Friday to acquire a minority interest in SMM Project LLC, which controls licenses for mineral exploration of about 150,000 square kilometers of Pacific Ocean floor. Odyssey expects to dedicate a ship, technology and supervision to explore for deep-ocean gold, copper and silver deposits. ...more

November 21, 2009

Members of AIG's financial-products unit should take heart. Yes, Obama administration pay czar Kenneth Feinberg is coming down on them with the awesome power of his czardom, dictating that their pay not exceed $200,000 a year. ...more

October 28, 2009

Goldman Sachs and Morgan Stanley have formally asked the Federal Reserve for permission to repay a combined $20 billion in federal bailout money. ...more

May 18, 2009

Chrysler LLC's largest banks reached a tentative agreement with the U.S. government to exchange $6.9 billion in secured debt for $2 billion cash, say three people with knowledge of the negotiations. ...more

April 29, 2009

Some small and midsize businesses lately are ready to strangle their bankers, who they say have cut off lines of credit and called in loans. ...more

March 28, 2009

Top executives of the nation's biggest banks said Friday after meeting with President Barack Obama that they will work with the administration on its economic recovery plans, but want more specifics from the White House. ...more

March 27, 2009

Some small and midsize businesses lately are ready to strangle their bankers, saying they've cut off lines of credit and called in loans. But bankers are in good company among growingly tight-fisted financiers. Behind the scenes, lesser-known "commercial finance" firms often are the ones actually cutting off money to Bay area and Florida businesses. ...more

March 27, 2009

Nothing is more frustrating for financially-strapped homeowners than calling their lenders and not getting through to the right person. ...more

March 27, 2009

Some Tampa Bay homeowners now have a place to go to meet face-to-face with a loan counselor. The Chase Homeownership Center opens today and will serve those with loans owned or serviced by Chase, Washington Mutual or EMC, all of which are now part of JPMorgan Chase. ...more

March 26, 2009

Charles Dickens, who visited in 1842, described Washington as a "city of magnificent intentions" because of the incongruity between the city's grand aspirations and muddy, swampy actuality. Today Washington's discrepancy is not architectural but political. It is between the extraordinary powers and competences the administration claims it has and the administration's inability to be clear or plausible about what it is doing. ...more

March 15, 2009