Law Legislation

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  • capitol_cash_140.jpg

    Senate banking negotiators are discussing plans that could significantly weaken - or even jettison - President Barack Obama's proposed independent consumer finance agency.

  • Timothy Geithner

    President Obama's proposed bank tax will not damage the economy and is a fair way to reimburse taxpayers for the Wall Street bailout, Treasury Secretary Timothy Geithner told CNBC.

  • doc_patient_shot_200.jpg

    Striving to close the deal on health care, President Barack Obama planned a trip to Capitol Hill on Thursday to urge rank-and-file House Democrats to yield on key issues still standing in the way.

  • Stethescope and money

    Should someone in Idaho or Nevada have significantly different health care coverage from someone in Massachusetts? That, essentially, is one of the biggest questions Congress will be wrestling with as it tries to meld House and Senate bills into a single law to revamp the nation’s health care system.

  • Christopher Dodd (CT - D)

    Health care reform is "hanging on by a thread," and one or two votes could determine the outcome of the heavily-debated bill, Democratic Senator Chris Dodd told CNBC Monday.

  • international_accounting_200.jpg

    Tax inspectors had already been increasing their focus on multinational businesses, specifically taking aim at an arcane area of international accounting called transfer pricing. Such scrutiny is intensifying, according to tax experts, as governments seek ways to close their growing budget deficits.

  • R. Allen Stanford

    A group of investors in Allen Stanford's alleged Ponzi scheme are demanding a powerful Texas congressman give them the same kind of support he showed Stanford when regulators shut down the alleged scam in February.

  • Gavel

    New York State’s courts are closing the year with 4.7 million cases — the highest tally ever — and new statistics suggest that courtrooms are now seeing the delayed result of the country’s economic collapse. The New York Times reports.

  • Allen Stanford

    A federal judge has denied an emergency request by attorneys for indicted billionaire Allen Stanford to free their client on bail. 

  • Residential homes sit in front of the coal fueled Ferrybridge power station as it generates electricity in Ferrybridge, United Kingdom.

    The nuclear power industry is about to get a big boost. In the next few days, the Energy Department plans to announce the first of $18.5 billion in loan guarantees for building new reactors.

  • Foreclosed Home

    In Nevada and other states hit hard by the housing crisis, stripping fixtures and appliances from homes in foreclosure has become commonplace. Craigslist, the Web site for classified ads, functions as a bazaar where stripped items are sold openly.

  • Stimulus Scorecard

    With so much focus on job creation, there is a huge elephant in the Recovery Act room: fraud and waste.  According to the Association of Certified Fraud Examiners, organizations lose seven percent of annual revenues to fraud. If you apply that metric to the Recovery Act, that's $55 billion dollars.

  • Healthcare coverage and the hastle of forms

    Our health care system  suffers from soaring costs and uneven quality. For health reform to be a success, it needs to make major progress on those problems. Here's a guide to the coming negotiations between the House and Senate aimed at closing the gaps between their two versions of reform legislation.

  • Allen Stanford

    Attorneys for accused Ponzi schemer Allen Stanford—who has been in custody without bail since his indictment in June—say their client is in danger of a "complete nervous breakdown," so they are again asking a federal judge to let him go free on bail.

  • Stethescope and money

    The New York Times reports on some of the hidden compromises in the final version of the Senate's health care reform bill.

  • R. Allen Stanford

    A federal judge has found accused Ponzi schemer Allen Stanford and three co-defendants in contempt of court in a dispute over their legal fees.

  • The Supreme Court says it will decide how much privacy workers have when they send text messages from company accounts.

  • Bank of America

    The Securities and Exchange Commission will continue to "vigorously pursue" its charges against Bank of America over disclosure of bonuses to employees of Merrill Lynch, a top agency official said Friday.

  • Larry Flynt

    When it comes to peddling porn, Larry Flynt wants you to know his videos of people having sex are a cut above other smut on the rack.

  • Bernie Madoff mugshot

    The leaders of scores of charities around the country, and the world, found themselves living a similar nightmare in the days after Madoff's Dec. 11, 2008, arrest on charges he orchestrated the multibillion-dollar fraud, which affected thousands of investors.