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Hackers accused of making $100M by peeking at press releases

...the biggest scheme of its kind ever prosecuted, and one that demonstrated another alarming vulnerability in the financial system in this age of increasingly sophisticated cybercrime.In a 21st-century twist on insider trading, the hackers...
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Greek government extends a sweeping proposal to creditors

...immediately enact reforms, including to taxes and pensions, in return.The last-minute maneuvers come as Greece's financial system teeters on the brink of collapse. It has imposed restrictions on banking transactions since June 29, limiting cash...
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Colo. lawmakers approve plan for pot banking aspect of its new marijuana industry, Colorado is trying a long-shot bid to create the world's first financial system devoted to the pot business.But Colorado's plan to move the weed industry away from dank-smelling cash to easily...
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Debates a shot at finding that 'defining moment' was a Florida campaign rally on Sept. 15, 2008. As Lehman Brothers filed for bankruptcy, the nation's financial system teetered on the brink and stocks tanked, McCain insisted that "the fundamentals of our economy are strong." The...
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How would candidates' tax plans affect investors?

...of lifting capital gains taxes by 5 percent is about nil," Alpert says. For investors big enough to affect the financial system, he said, "The problem isn't that people aren't investing, or aren't incented to invest - the problem is...
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'Inside Job' a powerhouse

...statement, "that after seeing this film we can all agree on the importance of restoring honesty and stability to our financial system, and of holding accountable those who destroyed it." It's a statement that, like this exceptional film, is...
A bankrupt idea

...levels. In the longer term, though, state leaders need to find the courage to tackle their structurally defective financial systems. The real waste, fraud and abuse have been all but rooted out. States simply need more revenue to do what they're...
Alaska's economy to continue to grow, experts say

...bankruptcy, authorities also had to step in and take steps to keep the banking system operating. "That kept the financial system from really melting down," King said. While the nation is now pulling out of that recession, oil, fishing and...
Outside editorial: N. Korea goes rogue

...despite complaints from China. And the United States has moved to crimp Pyongyang's access to the international financial system _ an important step. Similar moves by the Bush administration were effective in getting Pyongyang's attention...
Feb. budget deficit highest ever

...collected less tax revenue after millions of people lost their jobs. And it spent more than $1 trillion to bail out the financial system and stimulate the economy. Republicans have pushed for more than $60 billion in spending cuts this year to help...


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