Regulatory & Compliance

WASHINGTON - Following a hearing in which Treasury Secretary Timothy Geithner said his failure to pay his taxes on time was "careless'' and "avoidable,'' the Senate Finance Committee today scheduled a vote on his confirmation tomorrow.

It's depressing to write week after week and put out a magazine week after week about the current state of the nation's financial crisis.

ATLANTA -- The NCUA has chartered a new community development credit union.

"I have no intention of being a member of the potted plant caucus.''

WASHINGTON -- If House Financial Services Committee Chairman Barney Frank (D-Mass.) is his chamber's answer to Santa Claus, then credit unions can expect a lot of coal and just a few goodies this year.

NEW YORK -- The suicides of two foreign tycoons, the loss of at least $50 billion in assets and a regulator catching heat for failing to follow through on several red flags waved over a 10-year span.