President Obama's senior economic adviser said Sunday the government was delaying a report to Congress in order to provide more time to address China's alleged currency manipulation. Lawrence Summers, director of the National Economic Council, told the CNN program "State of the Union" that majo... Read more...
NEW YORK (Fortune) -- The AIG bailout isn't going away, much as Treasury Secretary Tim Geithner might like it to. The $180 billion fiasco was back in the news Thursday, after Bloomberg reported that the Federal Reserve Bank of New York prodded the troubled insurer at the end of 2008 to withho... Read more...