Neel Kashkari, the first head of the government's $700 billion financial rescue program, will join Pacific Investment Management Co. as a managing director and head of new investment initiatives, the company said Monday. Pimco, one of the world's largest bond managers and a unit of Germany ...

A glance at the roster of top Goldman Sachs talent that has found its way to Washington's halls of power illustrates why the financial giant has become known as the New York Yankees of Wall Street. Over the years, Goldman's golden boys have made the leap from ...

Taxpayers are increasingly exposed to losses and the government is more vulnerable to fraud under Obama administration initiatives that have created a federal bank bailout program of "unprecedented scope," a government report finds. In a 250-page quarterly report to Congress, the rescue program's special inspector general ...

Banks that have received federal aid are using the money as they see fit, in some cases providing new loans to customers, retiring debt or buying mortgage-backed securities, a chief investigator told Congress on Tuesday. The answer is the first of its kind since the government launched its ...