Topic - Countrywide Financial Corp.

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Attorney General Eric H. Holder Jr. announces a $16.65 billion settlement with Bank of America over the sale of toxic mortgage-backed securities. (Associated Press)

Bank of America looks ahead after levied $16 billion fine

By Phillip Swarts - The Washington Times

ASSOCIATED PRESS
SPILL SALVO: Attorney General Eric H. Holder Jr. announces a lawsuit against BP PLC on Wednesday. The Justice Department accuses the company of failing to take proper safety precautions.

EDITORIAL: Justice Department’s political action

By THE WASHINGTON TIMES - The Washington Times

SEC: Ex-CEO OK’d special loans for powerful

By Marcy Gordon - Associated Press

Politics Scene

By wire dispatches and staff reports - The Washington Times

World markets take hit

Wall Street extends retreat

Global banks ride to rescue

Fannie Mae asks to buy more mortgages

Falling home prices blamed for defaults

Falling home prices blamed for defaults