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PAULSON

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abtest

Famed piano maker Steinway sold for $499M

August 15, 2013 - 9:05am

Steinway has been sold for about $499 million and will again become a private company.

World

Goldman e-mails show how crash turned into cash

April 25, 2010 - 10:00am

As the US housing turned downward in January 2007, a Goldman Sachs trader wrote in e-mails to a woman he apparently was courting that investments he had sold were "like Frankenstein turning against his own...

Goldman Sachs charged with fraud

April 18, 2010 - 12:00am

The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering.

Business

US business council in Asia warns of protectionism

April 13, 2009 - 4:45pm

SINGAPORE (AP) – An organization representing US companies in Asia warned "Buy American" type policies could spark retaliation from other countries and undermine global trade.

Woman gives birth to octuplets in US

January 28, 2009 - 12:00am

BELLFLOWER, California – A woman gave birth Monday to eight babies, only the second time in history octuplets have survived...

News Commentary

Obama, Democrats look to revamp financial bailout

January 10, 2009 - 10:53am

WASHINGTON (AP) – Barack Obama's economic team is talking with the Bush administration about having Treasury Secretary Henry Paulson ask Congress within the next week for access to the $350 billion remaining...

US in recession since last year

December 3, 2008 - 12:00am

WASHINGTON (AP) – The US economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

Business

GLOBAL NEWS: Paulson: Don't use bailout money for automakers

November 19, 2008 - 1:05am

WASHINGTON (AP) – Treasury Secretary Henry Paulson told Congress yesterday that the administration remains firmly opposed to dipping into the government's $700 billion financial bailout fund for a $25 billion...

GLOBAL NEWS: US Consumers cut back sharply on spending

November 15, 2008 - 1:27am

WASHINGTON (AP) – Consumers, taking a beating from the worst financial crisis in seven decades, cut back sharply on their spending in October, pushing retail sales down by a record amount.

GLOBAL NEWS: Dems seek auto aid as treasury shifts rescue focus

November 13, 2008 - 7:40am

WASHINGTON (AP) – Urgently shifting course, the Bush administration is abandoning the centerpiece ...