One of the fundamental tenets of a free market is that in an auction the rules of the game should not give one bidder a fundamental advantage over another bidder. Sadly, that may not have been the case last month when the FDIC oversaw the sale of Texas-based Guaranty Bank. On August 21, Sheila Bair, the chair of the FDIC, declared Spain's second-largest bank -- Banco Bilbao Vizcaya Argentaria SA -- the winner of a spirited auction to buy Guaranty Bank instead of a consortium of U.S. investors including Blackstone Group and TPG.
Lynette "Squeaky" Fromme was released from federal custody Friday, a spokeswoman for the U.S. Bureau of Prisons said.
The president she once pointed a gun at has been dead for nearly three years, and her longtime idol and leader, Charles Manson, remains in prison.
Known for his early warnings on Bear Stearns and Lehman Brothers, analyst Martin Weiss of Weiss Research is now sounding the alarm about state of California municipal bonds.
Are great leaders born, or are they made through offbeat jobs? Let's have a look.
The man who led the response to the 1976 swine flu outbreak is defending the vaccination campaign that led to more deaths than the disease, but says he's sorry for the people killed or sickened.
President Obama currently has the polls on his side. In numerous surveys, Americans have said they are pleased with Obama's performance thus far and confident the president can fix the economy, acknowledging this will take some time.
When a new president strolls into the White House, there's a kick in his step and a twinkle in his eyes.
Article II, Section 2 of the United States Constitution grants the president "power to grant reprieves and pardons for offenses against the United States." With a stroke of his pen, the man in charge can make legal trouble disappear. As one might expect, this practice can be a bit controversial.
More banks will certainly fail in the months ahead, but at least regulators shouldn't have any trouble finding buyers.
One of the fundamental tenets of a free market is that in an auction the rules of the game should not give one bidder a fundamental advantage over another bidder. Sadly, that may not have been the case last month when the FDIC oversaw the sale of Texas-based Guaranty Bank. On August 21, Sheila Bair, the chair of the FDIC, declared Spain's second-largest bank -- Banco Bilbao Vizcaya Argentaria SA -- the winner of a spirited auction to buy Guaranty Bank instead of a consortium of U.S. investors including Blackstone Group and TPG.
Lynette "Squeaky" Fromme was released from federal custody Friday, a spokeswoman for the U.S. Bureau of Prisons said.
The president she once pointed a gun at has been dead for nearly three years, and her longtime idol and leader, Charles Manson, remains in prison.
Known for his early warnings on Bear Stearns and Lehman Brothers, analyst Martin Weiss of Weiss Research is now sounding the alarm about state of California municipal bonds.
Are great leaders born, or are they made through offbeat jobs? Let's have a look.
The man who led the response to the 1976 swine flu outbreak is defending the vaccination campaign that led to more deaths than the disease, but says he's sorry for the people killed or sickened.
President Obama currently has the polls on his side. In numerous surveys, Americans have said they are pleased with Obama's performance thus far and confident the president can fix the economy, acknowledging this will take some time.
When a new president strolls into the White House, there's a kick in his step and a twinkle in his eyes.
Article II, Section 2 of the United States Constitution grants the president "power to grant reprieves and pardons for offenses against the United States." With a stroke of his pen, the man in charge can make legal trouble disappear. As one might expect, this practice can be a bit controversial.
More banks will certainly fail in the months ahead, but at least regulators shouldn't have any trouble finding buyers.
Chevy Chase didn't look like Gerald Ford and didn't sound like Gerald Ford. But in the mid-1970s, when "Saturday Night Live" first went on the air, Chase -- then a writer and cast member of the show -- made his impression of the president, rife with pratfalls and slapstick, the talk of the country.
The NBC veteran and current host of Meet the Press will moderate the second presidential debate in Nashville
In 1993, Kevin Kline starred in a movie called "Dave," playing a look-alike who winds up impersonating the president. In the movie, the real president has a stroke and is kept on life support in a restricted area of the White House by a power-mad chief of staff, played by Frank Langella. Dave fills in.
Before the U.S. Commodity Futures Trading Commission starts scrutinizing the role that speculators may have played in driving up fuel and food prices, investigators may want to take a look at price swings in a commodity not in today's news: onions.
The Project for Excellence in Journalism said it was surprised at how much the Comedy Central late-night program resembles The O'Reilly Factor, Hardball and other cable news shows in content
Thirty-five years ago today, Nixon was the first President to use the term "God bless America" in an official speech. A look at how the phrase has become de rigueur in American politics ever since.
It's a battle worthy of Harry Potter himself.
Shortly before leaving the White House in 1829, John Quincy Adams reportedly said, "There is nothing more pathetic in life than a former president."
Radio show host Don Imus is the target of a lawsuit saying he undercut advertisements about a book by President Gerald Ford by making disparaging comments about it and the company that published it.
Former President Gerald Ford suggested to a reporter in 2004 that Vice President Dick Cheney should be dumped from the Republican ticket, according to a new book to be published Tuesday.
With determination, and plenty of concern, General Motors workers walked off the job Monday in a bid to secure jobs and benefits.
Alan Greenspan's memoir arrives with remarkable timing for two reasons. One is that at a time like this, with financial markets in upheaval, we yearn for guidance from the oracle who presided over 18 years of relative peace and prosperity in the U.S. economy.
Who: No. 2 Northwestern (Miami, Fla.) vs. No. 1 Carroll (Southlake, Texas)
In picking a new Attorney General, Bush wants to avoid a confirmation fight. But he also needs someone who backs the policies that have angered the Senate
Long before he became the 38th president of the United States, Gerald Ford was better known as No. 48, an All-America center at Michigan and a star on the school's undefeated 1932 and '33 national championship teams. Here's a sampling of the uniform numbers of some well-known figures before they suited up for Hollywood and Washington.
In October 1925, a 12 year-old boy in a small California town wrote in a school assignment that he "would like to study law and enter politics for an occupation so that I might be of some good to the people." The boy: Richard Milhous Nixon, some 43 years before being elected the nation's 37th president.
Coin enthusiasts and casual collectors lined up Thursday morning at Grand Central Terminal in New York for the first opportunity to get the $1 presidential coin - but the new coin's widespread adoption is far from guaranteed.
The U.S. Mint will issue a dollar coin featuring the likeness of George Washington this Thursday, the first in the series of presidential coin dollars.
For weeks now, many of my colleagues have been torn between either wringing their hands about how soon the presidential campaign is starting or plunging full-scale into overcovering it. But let's take a bold step toward the next thing to worry about -- how soon it will end.
This is a transcript of the speech Rep. Nancy Pelosi, a Democrat from California, gave Thursday after being elected speaker of the U.S. House of Representatives:
A student who is suspected of fatally shooting another student Wednesday at their Washington state high school has been arrested, police said.
Stocks surged Wednesday, pushing the Dow Jones industrial average to its highest point ever in a buoyant first trading day of 2007.
Stocks rallied Wednesday, with the Dow Jones industrial average hitting a fresh record trading high on the first trading day of 2007.
Stocks surged Wednesday morning, starting off the first trading day of 2007 on upbeat note, as investors welcomed falling oil prices, lower Treasury yields and a management shakeup at Home Depot.
The body of former President Gerald Ford ended its sentimental journey Wednesday afternoon in Grand Rapids, where his body was placed in a hillside tomb as the sun declined in the cloudless winter sky.
WASHINGTON (CNN) -- The leaders of the new Democratic majority in the House will kick off their tenure Thursday with new rules designed to rein in the influence of lobbyists, limit free travel by members and make it harder for lawmakers to slip their pet projects into spending bills unnoticed.
Since former President Gerald Ford's death on December 26 at the age of 93, CNN.com has received hundreds of e-mails from readers sharing their memories and personal experiences with the nation's 38th president.
Former President Gerald Ford had a final homecoming Tuesday as his body was brought back to his hometown to be laid to rest.
The federal government, financial markets, institutions and some banks will close Tuesday to observe a day of mourning for President Ford.
Wall Street edged lower Friday as Apple options and merger news dominate the headlines.
Stocks crept higher Friday morning, extending gains at the end of a strong year on Wall Street.
The wooden casket bearing the body of former President Gerald Ford arrived Friday afternoon under military escort at the Palm Desert church where he and his wife worshipped on Sundays after they left the White House.
Stocks looked set to open mixed Friday after Apple filed its quarterly report and a spate of deal news capped a year abuzz with merger activity.
Since former President Gerald Ford died Tuesday at the age of 93, CNN.com has received hundreds of e-mails from readers sharing their memories and personal experiences with the nation's 38th president.
The nation's financial markets will be closed Tuesday to honor former President Gerald Ford, marking a rare four-day closing for U.S. trading.
Preparations were under way Thursday for ceremonies to say farewell to former President Gerald R. Ford in California, Michigan and the nation's capital.
Former President Gerald Ford, who took office after the resignation of Richard Nixon, died Tuesday at the age of 93.
Falling oil prices and a surprisingly strong report on new home sales were among the factors boosting stocks Wednesday morning, extending the end-of-year rally.
Stocks moved higher Wednesday after the New York Stock Exchange observed a moment of silence for President Gerald Ford, who died Tuesday night at age 93.
Stocks inched higher in early trading Wednesday as investors looked to extend the end-of-the-year buying spree.
Former President Gerald Ford, who became president in 1974 after the resignation of Richard Nixon, died Tuesday at 93.
Gerald Ford's presidential term was as much marked by the economic forces of inflation as it was by the political fortunes of the time.
Former President Gerald Ford, who became president in 1974 after the resignation of Richard Nixon, died Tuesday at age 93.
Reactions to the death of Gerald Ford:
Democrats and Republicans on Wednesday remembered the late former President Gerald R. Ford as a man who led the nation out of the dark days of the Watergate scandal.
Former President Gerald Ford was discharged from the Mayo Clinic on Monday after undergoing heart procedures, according to a statement released by the clinic.
Former President Gerald Ford underwent a successful angioplasty procedure at the Mayo Clinic Thursday to reduce or eliminate blockages in his coronary arteries, his office said Friday.
Former President Gerald Ford has received a cardiac pacemaker and is in stable condition at the Mayo Clinic, where the procedure was done, a statement from his office said Monday.
Peasant blouses and inflation; hip-hugging jeans and high prices at the pump. An increasingly unpopular war and a president with an ability to make his detractors see red (or perhaps blue).
Quick, can you identify the object pictured below to the right?
Since our modern, civilized society has outlawed bear baiting and cock fighting, we have to make do with watching high government officials try to fend off demands for their heads.
Former President Gerald Ford was released Wednesday from the hospital where he was treated for pneumonia, his spokeswoman Penny Circle said.
Former President Gerald Ford is eager to leave the hospital where he's receiving pneumonia therapy, but he has been given no indication when he'll be discharged, his spokeswoman said Thursday.
Former President Gerald Ford continues to improve from his bout with pneumonia and is expected to be released Thursday from a California hospital, his spokeswoman said.
Former President Gerald Ford is responding well to his pneumonia treatment and could be discharged from a southern California hospital later this week, hospital officials said Tuesday.
Former President Ford is being treated for pneumonia, two days after being admitted to a hospital in Rancho Mirage, California, his office said Monday.
Former President Gerald R. Ford was released from a hospital Tuesday night after undergoing what an aide called routine tests.
Americans are, by actual measurement, the most optimistic people on the planet. It's deep in our genes. With the exception of those whose ancestors were here when Columbus arrived or those whose ancestors were brought here against their will in chains, every American is either an immigrant or the direct descendant of immigrants.
I really wish President George W. Bush could have spent some real quality time with Bryce Harlow. It would have done both Bush and the nation a lot of good.
When people learn that my adult life has been spent either working in or covering American politics, they often ask what I think was the best run national campaign. My answer surprises many: the 1976 Republican campaign in behalf of Gerald Ford.
Jimmy Cannon, the wonderful New York sportswriter, once offered this memorable line about the heavyweight boxing champion known as the Dark Destroyer: "Joe Louis is a credit to his race ... the human race."
Gentlemen, start your hair dryers.
At the 1980 Republican convention in Detroit that nominated him for president, Ronald Reagan made genuine and repeated efforts to persuade his longtime rival, former President Gerald Ford, to become his vice presidential running mate.
A book about Treasury's Paul O'Neill paints a presidency where ideology and politics rule the day
We know times have been tough, but we had no idea the world had run so low on role models. The industry that churns out inspirational books about business leaders--and, in the past, served up such ...
It must have struck many Americans as laughable--in a bitter kind of way--when Alan Greenspan expressed concern last month about deflation. That's deflation, as in the opposite of inflation, as in ...
Command and control come naturally to Secretary of Defense Donald Rumsfeld, as anyone who watches cable TV's frequent coverage of his lively Pentagon press briefings can attest. Before he became th...
To the extent we believe anything about politics, it's this: The economy has an overwhelming influence on voters' choices. James Carville summed it up in 1992 with the phrase "It's the economy, stu...
I just attended the Republican convention in Philadelphia. It was my first national political convention. It will likely be my last national political convention. Truth be told, I had the distinct ...
If you could hire anyone to manage your money, whom would you choose? For most of us, it's a pointless question. But if you're the President of the United States, you have your pick of the savviest...
The stock of a company that makes home-equity loans to people with lousy credit may not sound like a must-have investment. That's especially true when you consider that almost the entire subprime h...
Remember when President Gerald Ford kicked off an anti-inflation campaign in 1974, complete with cute little WIN (Whip Inflation Now) buttons? Well, something similar is in the works today. But don...
Dear Mr. Statistics: At present the U.S. has four living ex-Presidents -- Richard Nixon, Gerald Ford, Jimmy Carter, and Ronald Reagan -- but four is not the record. There was a time when our nation...
Our last communication with Sidney Hook, who died on July 12, was in a telephone conversation on May 19. Hook was one of the titans of American philosophy; he was also a dazzling and inspiring teac...
THE BIG WINNER in Washington's debate over the future of the savings and loan industry is a shrewd survivor, a man who has held top jobs from accounting to academe, from corporate business to the f...
President Gerald Ford looked approvingly on singer Vikki Carr's WIN button in 1974. The White House gave out some 20 million buttons as part of its Whip Inflation Now campaign, which exhorted Ameri...
''Our goal, which is a goal we think we can achieve during fiscal year 1972, is to operate with a balanced budget.'' -- President Richard Nixon, July 1970 1972 federal budget deficit: $23.4 billion...
PHILADELPHIA -- According to District Attorney Ronald Castille, Community Development Block Grant funds intended to rehabilitate abandoned houses were conveyed to the Community Action Movement, a g...
''The entertainment industry . . . will be streamlined by computers . . . ''Bob Hope, who I've worked for, literally has a full-sized, walk-in bank ; vault . . . that contains his joke file. They'r...
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