The Max Planck Research Award is one of Germany's most highly endowed academic awards. It is financed by the Federal Ministry of Education and Research (BMBF) and annually conferred on one researcher ...

Here’s a straightforward book about banks, their place in society and how they should be financed, written by two respected academic economists. Although their professional reputation has been built ...

"It's no secret that the banking system has some powerful critics", says Brendan Greeley in Businessweek. Anat Admati of Stanford and Martin Hellwig of the Max Planck Institute, the authors of this ...

The House Financial Services Committee momentarily wondered whether to put Jamie Dimon, the financial demigod whose responsibility includes running J.P. Morgan Chase & Co., under oath when he appeared ...

An 18-year-old Plainfield man is facing kidnapping charges after a car accident that drew the attention of police, authorities said this evening. Manuel Aalejandro Mejia, of East 7th Street, was being ...

PLAINFIELD — Several people were injured Monday morning in a multi-vehicle accident, including three pedestrian who were struck when a dump truck driver lost control and a jumped a curb, authorities ...

It's been almost five years since the depths of the financial crisis, and we're still feeling its aftereffects today. Unemployment in the U.S. remains far too high, and economic growth is still ...

Once upon a time the banking system was thriving, not a worry in sight. However, the 2007 financial crisis exposed the banks' inner workings and the risk taking that came at significant cost to the ...

Four and a half years after the passage of TARP, one thing is abundantly clear: The American public really, really hates bank bailouts. And yet, nearly three years after the passage of the Dodd-Frank ...