The economic downturn and mortgage crisis are turning a growing number of Americans into retirement account raiders. ...more

May 25, 2008

In her 50 years in the banking business, Frances Register has seen the days of approving loans with a warm handshake give way to online processing, in which banker and client may never meet. ...more

May 21, 2008

Although 401(k) and other employer-sponsored retirement accounts are for long-term saving, many of the plans allow early withdrawals under special circumstances. But under tax laws, there can be consequences if people withdraw from their accounts before age 59 1/2 : ...more

February 20, 2008

Defense Secretary Robert Gates on Monday endorsed the idea of a pause in the drawdown of U.S. troops this summer, as bombers killed at least 22 Iraqis in attacks targeting U.S.-allied tribal leaders. ...more

February 12, 2008

The sundry rules that control the ebb and flow of funds in the state-run investment pool for local governments fail to answer an unexpected question: If investments lose money, whose money is lost? ...more

January 4, 2008

It was the first day of November and Coleman Stipanovich's world was coming undone. Florida school districts and towns had begun pulling their cash out of the $26 billion money market fund he supervised after they learned it held subprime-tainted debt. ...more

December 20, 2007

The city last month withdrew $56 million from a troubled state-run investment pool. ...more

December 15, 2007

A Bloomberg article recently published in many Florida outlets used broad generalities, gross overstatements and outdated information to report on the Florida Retirement System (FRS) pension fund. ...more

December 14, 2007

Withdrawals from Florida's local government investment pool appear to be settling down, a financial firm said Tuesday, as the board that oversees the fund continued to push for answers about how the pool was hit by a multibillion-dollar run last month. ...more

December 12, 2007

Uncertainty over a state investment fund left government officials with little definitive information Friday, even after face-to-face meetings here with the state's chief financial officer. ...more

December 8, 2007