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WASHINGTON _ The Wall Street financiers and firms whose problems have prompted a $700 billion federal bailout are no strangers to Capitol Hill or to politics.
Since 2001, eight of the most troubled firms have donated $64.2 million to congressional candidates, presidential candidates, and the Republican and Democratic parties, according to data from the nonpartisan Center for Responsive Politics.
The donors include investment bankers Bear Stearns, Goldman Sachs, Lehman Brothers, Merrill Lynch, Morgan... Read more
WASHINGTON -- Democrat Hillary Rodham Clinton has raised more than $8million for former rival Barack Obama's presidential campaign since July and plans to barnstorm the country for even more cash, as the New York senator works to show she is... Read more
WASHINGTON (Reuters) - A bus traveling to a casino in northern California ran off a rural road and overturned, killing at least 10 people, the San Francisco Chronicle and other media reported on... Read more
In the end, O.J. Simpson did himself in. Jurors who convicted the football great and his codefendant, Clarence Stewart, of 12 counts each said Sunday that hours of secret recordings convinced them... Read more
WASHINGTON -- Hurricane Ike's winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The environmental damage only now is becoming apparent: At least a half... Read more
LAS VEGAS -- The jurors who convicted O.J. Simpson of armed robbery and kidnapping in a casino hotel had strong opinions about Simpson's acquittal in his 1995 murder trial, according to juror... Read more
NEW YORK (Reuters) - Disgraced CEO Richard Fuld, who oversaw the demise of venerable Lehman Brothers Holdings Inc that helped tip the credit crunch into a full-blown crisis, will testify at a congressional hearing this week.Rep. Henry Waxman, the... Read more
WASHINGTON (Reuters) - Amid a presidential race that may decide its future direction, the Supreme Court begins a new term on Monday with cases about tobacco company lawsuits, protecting whales from... Read more
FORT LAUDERDALE, Fla. _ West Boca resident Nancy Factor listened intently as Halie Soifer, Jewish vote director for the Barack Obama campaign in Florida, laid out the senator's steadfast commitment... Read more
WASHINGTON (Reuters) - While U.S. natural gas supplies will be plentiful this winter, gas heating costs for households will still increase 10 to 30 percent compared with last winter, the American... Read more
At least seven people died and 38 were injured when a charter bus overturned near the Northern California town of Williams on Sunday night, the California Highway Patrol said. CHP Sgt. Patrick... Read more
Even before the sun rose high enough to light the water Sunday morning, surfer Digger Green had paddled far into the Huntington Beach waves, taking a beating under the rough water. "This is my... Read more
CHICAGO _ At least eight states, including Illinois, California and Texas, have reached an $8.8 billion settlement of their lawsuits against Countrywide Financial, the biggest subprime mortgage... Read more
MAMMOTH LAKES, CALIF. -- California officials say recovery efforts around the site of adventurer Steve Fossett's downed plane might not resume until summer. Snowfall ended the search in the Sierra... Read more
CHICAGO (Reuters) - Reptiles, monkeys, rodents and other exotic pets are growing in popularity but should be discouraged in homes with small children or people with immune system problems,... Read more
