New York (CNNMoney) – Surprise. David Siegel, the resort CEO who is building the biggest private home in the country, really, really doesn't like President Obama.
And while Siegel hasn't sent any money to Republican presidential candidate Mitt Romney, he has gone a step farther to support him.FULL STORY
New York (CNNMoney) - After months of criticism for saying he would release only two years of tax returns, Mitt Romney on Friday put out a report from his accountants about taxes he has paid over 20 years.
But the one-page document left key questions unanswered.FULL STORY
New York (CNNMoney) - President Obama on Tuesday defended his administration's 2009 bailout of the auto industry in a speech to the United Auto Workers union, saying it prevented another Great Depression from hitting the Midwest.
Obama said that, despite claims of Republican critics, the bailout was the only way to prevent the closure of General Motors and Chrysler Group and the collapse of the nation's supplier base.FULL STORY
New York (CNNMoney) - Freddie Mac is in the spotlight of the Republican presidential contest, as Mitt Romney attacks Newt Gingrich for his 2006 work for the mortgage finance firm.
But what the firm did, and the role it and larger rival Fannie Mae played in the housing crisis of the last decade, remain a source of confusion for many Americans.FULL STORY