Treasury Department

(Source:AP)

If Debt Default Deadline Hits, Then What?

As the Republican-led government shutdown continues, the approaching debt limit and a possible debt default continues to grow larger on the horizon.

CBS Miami–10/09/2013

Scott Rothstein

Accounts Linked To Ponzi Scheme Cost TD Bank Millions

TD Bank will pay $52.5 million and settle U.S. allegations it failed to report suspicious activity in accounts linked to a $1.2 billion Ponzi scheme and lied about the accounts to investors.

09/23/2013

Beyonce and husband Jay-Z spent their fifth wedding anniversary in Cuba. (Courtesy: La Guarida restaurant staff, Havana, Cuba)

Beyonce Cuba Trip Drawing Congressional Scorn

Superstar Beyonce’ and Jay-Z made headlines last week when they made a surprise trip to Cuba. The trip has drawn the attention of both Congressman Mario Diaz-Balart and Congresswoman Ileana Ros-Lehtinen.

CBS Miami–04/08/2013

(Source:AP)

Platinum Coin Option For Debt Ceiling Picking Up Steam

As Congressional Republicans and President Barack Obama begin to clash over the raising of national debt ceiling, a plan relying on one or two coins save the nation has started to gain momentum.

CBS Miami–01/09/2013

stacks of money

Washington Prepares For Next Fiscal Fight

The smoke has barely cleared from the prolonged fight over the fiscal cliff on Capitol Hill, but already Congressional leaders and the White House are drawing lines in the sand over the debt ceiling.

CBS4–01/03/2013

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

09/11/2012

Barack Obama and Bill Clinton (Photo by Alex Wong/Getty Images)

Opinion: We Are Better Off Than We Were Four Years Ago

Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!

09/06/2012

Miami Marlins Logo

Marlins Set To Meet With Cespedes

The Miami Marlins offseason spending spree may have one last hurrah left in it after Cuban defector Yoenis Cespedes was granted a visitor’s visa to meet with the Marlins Wednesday.

CBS4–02/07/2012

National Debt

Report: GOP Plans Debt Limit Vote To Fail

As South Florida continues to battle record unemployment, especially in Miami-Dade County, Congressional Republicans continue flirting with having the U.S. default on its debt.

CBS4–05/24/2011

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