Ronald D. Orol

The Archive

Number of distressed banks rises

Driven in part by expanding problems with commercial real estate loans, the number of distressed banks in the U.S. rose to 702 in the fourth quarter, the highest level in...

Geithner, Paulson defend $182 billion AIG bailout

Facing sharp criticism on Capitol Hill, Treasury Secretary Tim Geithner and his predecessor, Henry Paulson, on Wednesday defended their decision to complete a $182 billion bailout of American International Group...