Since graduating from college and starting a family my life has been filled with many experiences. I have been blessed with personal and professional accomplishments that many dream of, and I equally have experienced enough failures and heartache to last a lifetime. Through it all my spiritual maturity and relationship with my Father God have continued to grow experiencing the abundance of his Grace in good times and in bad. ...more

November 16, 2008

Just showing up counted for a lot. Group of 20 leaders may not have quite rewritten the rules of global finance in a weekend. But they accomplished much by just gathering in such large numbers - both the older economic powerhouses and the newer fast-growing ones - to grapple with the world's financial panic and pledging to work together to contain it. ...more

November 16, 2008

Urgently shifting course, the Bush administration is abandoning the centerpiece of its massive $700 billion economic rescue plan and exploring new ways to shore up not only banks but also credit-card, auto-loan and other huge nonbank businesses. "The facts changed and the situation worsened," Treasury Secretary Henry Paulson said at a news briefing, explaining the administration's switch from its original plan to help financial institutions by buying up troubled assets, primarily securities backed by bad home loans. ...more

November 13, 2008

FEDERAL REGULATION McCAIN: Typically an opponent of government regulations, he has promised tougher ones for the financial industry in response to the current crisis. Though he has not been specific, McCain has said he would reduce the number of federal agencies overseeing banks, thrift institutions and markets to make accountability clearer while imposing tougher capital and disclosure requirements. ...more

November 2, 2008

As the list of companies seeking government help grows, it is anybody's guess where the Treasury Department's largesse will stop. ...more

November 1, 2008

First, the $700 billion rescue for the economy was about buying devalued mortgage-backed securities from tottering banks to unclog frozen credit markets. ...more

October 26, 2008

Banks borrowed in record amounts from the Federal Reserve's emergency lending facility over the past week, but investment banks drew loans at a slightly lower, but still brisk, pace. ...more

October 24, 2008

With all of the purely politically motivated negative action taken on the part of Congressman Barney Frank, chairman of the House Committee on Financial Services who uttered these now famous words, "These two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis," now comes another potential result of his committee's utter disregard for the advice of the Bush administration to take steps to rein in these two entities. ...more

October 21, 2008

WASHINGTON - This time, John McCain kept Barack Obama on the defensive. The feisty Republican tried hard to find a lifeline Wednesday night, challenging his Democratic rival at every turn over his truthfulness, associations and record. By that measure, McCain won the last debate of the 2008 campaign. But that may not be enough. ...more

October 16, 2008

Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after two disheartening reports convinced Wall Street that a recession, if not already here, is inevitable. The market's despair - fed by a stream of disheartening economic data - propelled the Dow Jones industrials down 733.08 points to 8,577.91 in its second-largest point loss ever. The major indexes all lost at least 7 percent. ...more

October 16, 2008