Just a month or so ago, the stock market plunged because investors did not like Treasury Secretary Timothy F. Geithner's outline of a plan for removing toxic assets from bank balance sheets. This week, Mr. Geithner announced the details and - what do you know? - the market shot up. Obviously, the market's mood swings are not the best indicator of Mr. Geithner's merits or of his plan's. But what's new as of Monday is that we have a fuller basis for evaluating his program. And the best judgment is: It's worth a try, but hardly guaranteed to succeed. ...more

March 25, 2009

WASHINGTON (AP) - A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the U.S. housing boom and bust, for $13.9 billion, federal regulators said Friday. ...more

January 4, 2009

A Tampa developer is seeking to rezone 39 acres on Bullfrog Creek Road to build a $46.5 million workforce housing apartment complex of 336 units. ...more

December 15, 2007