News

Pa. lawmakers want mortgage settlement for mortgage aid

Pennsylvania's House of Representatives has voted unanimously on Tuesday, passing a state Senate bill that will use all funds from the National Mortgage Settlement to aid homeowners at risk of foreclosure.

Taxpayers, bondholders foot the bill for Spanish bank speculation

Spain has just pulled off one of the biggest con tricks in Eurozone history, aided and abetted by Germany.

Blackstone appoints new adviser for investment in Spain and Portugal

Blackstone Group LP, the world’s largest private-equity firm, announced Tuesday that the former head of head of Lehman Brothers Holdings Inc.’s Spanish and Portuguese businesses, Claudio Boada, will become their senior adviser.