Recent Articles
Federal Aid
488 articles
Sunday, September 7, 2008
Treasury Secretary Paulson’s balancing act on Fannie and Freddie
Business |
1:25AM
When Treasury Secretary Henry M. Paulson Jr. Read more
Saturday, August 23, 2008
Detroit pushes for a $50-billion bailout
Business |
August 23, 2008
Would John McCain or Barack Obama bail out General Motors Corp. Read more
Wednesday, August 13, 2008
LAPD loses $500,000 for lab tests
California | Local |
August 13, 2008
The Los Angeles Police Department has been denied nearly $500,000 in federal funds it would have received to help clear its backlog of unexamined DNA samples from crime scenes because of a bureaucratic mistake that LAPD brass blamed on a low-level administrator. Read more
Thursday, July 17, 2008
They’re not sold on this mortgage rescue plan
Business |
July 17, 2008
Treasury Secretary Henry M. Paulson, increasingly the point man for the Bush administration as it struggles to steady the economy, made an emergency trip to Capitol Hill on Wednesday seeking to quell a rebellion among conservatives over the plan to shore up struggling mortgage giants Fannie Mae and Freddie Mac. Read more
Monday, July 14, 2008
U.S. offers plan to steady Freddie Mac and Fannie Mae
Business |
July 14, 2008
Acting to prevent a severe disruption of the mortgage market, the federal government stepped in Sunday with plans for a sweeping aid package designed to bolster confidence in battered home-loan giants Fannie Mae and Freddie Mac.The Bush administration said it would ask Congress to authorize the Treasury Department to lend Fannie and Freddie more money than current limits permit and buy stock in the two companies.Also Sunday, the Federal Reserve agreed to permit the companies to borrow direc Read more
Friday, July 11, 2008
Upbeat sign in credit crisis
Business |
July 11, 2008
In a sign of some improvement in the credit crisis, Wall Street firms for the first time didn’t borrow from the Federal Reserve’s emergency lending program and commercial banks also scaled back. Read more
Saturday, June 14, 2008
Business briefing
Business |
June 14, 2008
COURTS
Suit alleges price fixing of filters
Gas station owners, mechanics and car dealers have sued the nation’s largest manufacturers of oil, air, transmission and fuel filters, accusing them of an almost decade-long conspiracy to drive up prices. Read more
Friday, May 9, 2008
House passes mortgage rescue
Business |
May 9, 2008
The House on Thursday passed the most sweeping government plan yet to shore up the troubled housing market and help people struggling to pay their mortgages, adopting legislation that would underwrite $300 billion in new loans and keep an estimated 500,000 homeowners out of foreclosure. Read more
Thursday, April 24, 2008
U.S. offers funds for toll lanes
California | Local |
April 24, 2008
The federal government has offered Los Angeles County $213 million to convert carpool lanes to special, congestion-pricing toll lanes on three freeways, according to county government documents. Read more
Thursday, April 17, 2008
Lobbying hard for L.A. in D.C.
California | Local |
April 17, 2008
Santa Monica Mayor Herb Katz is lobbying for increased federal funding for a light rail project to connect East and West Los Angeles. Read more
Monday, April 14, 2008
SBA’s cash crunch hits women
Business |
April 14, 2008
To serve the fast-growing ranks of female business owners like Kathy Macias, who runs a Riverside auto repair shop, the Small Business Administration has added more than two dozen assistance centers in the last two years. Read more
Monday, April 7, 2008
Who should get mortgage aid?
Business |
April 7, 2008
Faced with the home mortgage debacle that underlies one of the most dangerous economic crises since the Great Depression, Congress and the administration have been all but paralyzed by two questions: Who deserves to be helped? Read more
Thursday, April 3, 2008
Mortgage relief plan advances
Business |
April 3, 2008
Senate Democratic and Republican leaders reached agreement Wednesday on a multibillion-dollar package to address rampant foreclosures and other problems stemming from what may be the worst housing slump since the Great Depression. Read more
Wednesday, April 2, 2008
Mortgage relief bill in sight
Business |
April 2, 2008
Under pressure to help Main Street after the government saved a Wall Street firm from bankruptcy, senators ended weeks of partisan stalemate Tuesday and agreed to try to quickly pass legislation that could help some homeowners avoid foreclosure. Read more
Saturday, March 22, 2008
Housing bailout gains backers
Business |
March 22, 2008
From Wall Street to Capitol Hill, calls are growing for the government to get into the mortgage business as the only way out of the housing crisis roiling the economy and the financial markets. Read more
Saturday, March 15, 2008
Wall Street giant gets Fed bailout
Business |
March 15, 2008
The battered global financial system looked a lot more fragile Friday as one of Wall Street’s biggest investment houses was forced to get an emergency loan from the Federal Reserve, raising the specter of more giant securities firms laid low by the global credit crisis. Read more
This big rescue may be just the beginning
Business |
March 15, 2008
Throughout Wall Street’s history, major financial system upheavals often have culminated with the spectacular failure of a marquee name. Read more
Thursday, February 21, 2008
Grant to help mortgage workers
Business |
February 21, 2008
California plans to spend up to $5.6 million in federal grant money to retrain mortgage industry workers who lost their jobs in the wake of the sub-prime lending meltdown, Gov. Read more
Thursday, February 7, 2008
Democrats fail to add to stimulus bill
National |
February 7, 2008
Unwilling to compromise with Republicans on a two-year, $204-billion economic stimulus package, Senate Democrats failed Wednesday night to include aid to millions of senior citizens, disabled veterans and out-of-work Americans. Read more
Wednesday, February 6, 2008
WASHINGTON, D.C.
National |
February 6, 2008
New items stall stimulus bill in Senate
The economic stimulus bill that shot through the House in a burst of bipartisan agreement last week remained stalled in the Senate. Read more
