Archive - Illinois
Paulson Book: Behind the Scenes, GE’s Top Exec Confided Credit Woes
In private conversations that alarmed then-Treasury Secretary Henry Paulson, Immelt laid out a different picture of GE’s credit situation, according to Paulson’s new book about the crisis
Chase Denied Loan Mods for Now Forbidden Reason -- Homeowners in Limbo
Chase Home Finance has rejected some mortgage modifications because it considered the homeowners' hardships to be temporary. The Treasury Department has since barred that practice, but those homeowners are left struggling to avoid foreclosure.
DHS Asked to Investigate Air Marshal Allegations
The Transportation Security Administration is looking into reports of discrimination by an "old boys club" of supervisors in field offices of the Federal Air Marshal Service. Now a congressman is calling for an independent inquiry into the matter.
Lobbyists Help Smooth the Way for a Tax Break for Foreign Rum Maker
Diageo, the world's largest liquor conglomerate, stands to make billions at Puerto Rico's expense in a deal to move its rum production to the Virgin Islands. Diageo, based in London, has gotten help from an assortment of pricey lobbyists.
Haitians Under U.S. Treatment Are Often Separated From Families
The U.S. government has brought needed medical services to thousands of Haitian earthquake survivors. But a bureaucratic tangle has left some people struggling to find out what happened to family members who were taken away for treatment.
Explaining Obama’s Proposed ‘Budget Freeze’
The spending freeze announced by President Obama will affect only about one-eighth of the federal budget, meaning the other federal programs could continue to add to the deficit. So Obama’s 2011 budget would increase overall spending by 5 percent overall.
