Topic: Joseph Mason
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First deep-water oil drilling permit since Gulf oil spill plays it safe
The Obama administration lifted its post-Gulf oil spill moratorium on oil drilling in deep water Oct. 12, but it didn't issue its first new permit until Monday. Some experts think rising oil prices forced the administration's hand.
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Gulf oil spill update: What's known now about cause and effects
Amid hearings on the cause of the Deepwater Horizon disaster, government scientists, academics, and those most affected by the Gulf oil spill are at odds over the extent of its effects.
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How housing market might muddle through new foreclosure crisis
The foreclosure crisis over paperwork may sting big banks and slow the foreclosure process, but it is unlikely to have lasting effects on the housing market, say financial experts.
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Deep-water drilling moratorium lifted: why neither side is happy
To environmentalists, the lifting of the deep-water drilling moratorium Tuesday comes too soon. To the industry, it is seen as the beginning of a new era of uncertainty.
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As oil spill ends, are Gulf Coast economic woes just beginning?
BP says it will stay for years, but some oil spill relief operations are winding down. The loss of BP jobs, along with the drilling moratorium, could mean tough times for the Gulf Coast.
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Offshore drilling moratorium: good for the Gulf, bad for the economy?
The federal government enacted a six-month moratorium on offshore drilling in deep waters in the wake of the Gulf oil spill. Depending on who you ask, it is either an environmental necessity or an economic disaster.
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Congress targets major cause of banking crisis: derivatives
The House Financial Services Committee announced a plan Tuesday to give regulators tools needed to crack down on banks' risky behavior. It will be a tough job, experts say.
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Doubts rising over plan to fix banks
A fire hose of US funds hasn’t ended the credit crisis. So what’s Plan B?
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Geithner's new bank bailout: Private investors hold the key
The Obama administration hopes federal dollars will serve as the catalyst to generate $1.5 trillion in private-sector investments.
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Lehman: This time, feds let a big bank fall
As venerable Wall Street firms succumb to the home loan crisis, focus shifts to limiting taxpayer cost.
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Fannie, Freddie rescue binds taxpayers to housing market
The final tab may exceed that of the savings and loan bailout, depending on the depth of the housing slump.
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In banking crisis, U.S. steps up
Moves by federal regulators signal that the financial sector can't solve its problems on its own.
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Housing slump causes U.S. to weigh another big bailout
Federal rescue efforts could match the $124 billion cleanup of the savings-and-loan crisis in the 1980s.
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How a credit crunch may hurt the world economy
As troubles in the US housing market ripple across the global economy, the health of banks has become one of the biggest financial uncertainties for 2008.
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