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The Washington Post Thursday, April 5, 2012
YOUR CUSTOMIZED HEADLINES
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Business
Regulators: JPMorgan illegally let Lehman Bros. count customers' funds as its own

JPMorgan Chase illegally allowed Lehman Brothers, the investment bank whose 2008 bankruptcy brought the financial system to the brink of collapse, to count customers' money as its own, according to federal regulators.

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(David S. Hilzenrath)

Spain back in the crosshairs of euro-zone crisis

Spanish Prime Minister Mariano Rajoy warned Wednesday that his country was facing "extreme difficulty" as its cost of borrowing money on global markets jumped and doubts increased about whether the government can stick to the strict austerity program designed to bring its debt under control.

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(Howard Schneider)

The 401(k): Americans 'just not prepared' to manage their own retirement funds

When lawmakers added a subsection to the tax code called the 401(k) more than three decades ago, they could not have imagined that this string of three numbers and a letter would become a fixture in the financial lexicon.

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(Jia Lynn Yang)

Report finds racial discrepancies in upkeep of foreclosed properties

Banks and lenders have maintained and marketed foreclosed properties far better in white neighborhoods than in minority neighborhoods, according to a report released Wednesday by the National Fair Housing Alliance.

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(Brady Dennis)

Hill insider trading bill signed

President Obama signed into law a bill strengthening the ban on insider trading by members of Congress and other government officials who might profit on private knowledge they gain from their work.

"We were sent here to serve the American people and look out for their interests, not to look out for our own interests," Obama said at a signing ceremony in Washington, joined by Republican and Democratic members of Congress. "There is a deficit of trust between this city and the rest of the country."

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(Bloomberg News)

More Business

Economy
Spain back in the crosshairs of euro-zone crisis

Spanish Prime Minister Mariano Rajoy warned Wednesday that his country was facing "extreme difficulty" as its cost of borrowing money on global markets jumped and doubts increased about whether the government can stick to the strict austerity program designed to bring its debt under control.

Read full article >>

(Howard Schneider)

Mitt Romney, talking to the press, keeps the press at a distance

Leave it to Mitt Romney to restrict press access at a newspaper convention.

Just before his speech Wednesday to the American Society of News Editors, word emerged that the Republican presidential front-runner would not allow photographers to get closer than 150 feet while he spoke.

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(Dana Milbank)

Reconciliation

— Is Ryan Gosling history's greatest monster? Either way, he's now a pretty wonky Internet meme.

— Dartmouth will name its medical school after the much-esteemed physician, Dr. Suess.

— "It's the color of mucus. It's the color of infection. It's the color of old piano keys."

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(Sarah Kliff)

Paul Ryan Gosling

A very popular Internet meme gets very wonky:

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(Sarah Kliff)

Why Saudi Arabia is losing its power to calm the oil markets

In the old days, whenever oil prices got bumpy, the United States could ask Saudi Arabia to pump out more crude and calm the markets. But that's increasingly no longer the case. Saudi production is struggling to keep up with rising demand in places like China. What's more, as Jim Krane reports today, Saudi Arabia is growing so fast that it's consuming its own oil at a shocking rate:

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(Brad Plumer)

More Economy

National
GSA conference went 'over the top'

The biennial conference hosted by the General Service Administration's western outposts has always been a team-building affair. Employees exchange ideas, share best practices and, for four days, have some fun.

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(Lisa Rein, Timothy R. Smith)

More National


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