Citigroup's "Massive" Tax Break

Citigroup will be allowed to retain billions of dollars worth of tax breaks

Citigroup gains massive tax break in deal with IRS

While the Obama administration has said taxpayers likely will profit from the sale of the Citigroup shares, accounting experts said the lost tax revenue could easily outstrip those profits.

Get Ready, Get Set, Point Fingers

Ocala’s trustee “failed to maintain internal documentation necessary to establish Ocala’s ownership of purchased mortgages,”

Fannie, Freddie Overseer Said to Consider Seeking More U.S. Aid

Fannie Mae and Freddie Mac, the largest sources of mortgage money in the U.S., have used $111.6 billion of their $400 billion in backup financing in less than a year

Legislation to give Judges Power to Modify Mortgages Likely to Fail

Controversial legislation that would give judges new power to rewrite home mortgages is on life support

Pacific Coast National Bank, San Clemente, California, Closed by FDIC

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $27.4 million


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