By Ethan Barton | 11/08/13 02:12 PM
Edward Woodard, former CEO of the Virginia Bank of the Commonwealth, was sentenced to 23 years in federal prison for masterminding a massive fraud scheme that led to the bank's failure. That failure also cost the Federal Deposit Insurance Corporation $333 million, according to a report by...
By Bloomberg News | 10/29/13 09:04 PM
The U.S. Treasury’s bailout fund has lost about $9.7 billion on its rescue of General Motors Co. and would need to sell its remaining shares in the automaker for an average of $147.95 to break even, a report to Congress said. The Special Inspector General for the Troubled Asset Relief...
By Charlie Spiering | 12/04/13
By Paul Bedard | 12/05/13
By Byron York | 12/03/13
By Paul Bedard | 12/04/13
By Noemie Emery | 12/04/13