Steve Henn

Latest Stories (639)

A microcosm of the subprime meltdown

Jul 25, 2007
One working-class neighborhood in Cleveland saw 400 foreclosures last year. But critics say the home lending crisis is only now making headlines because it's shaking up Wall Street. Steve Henn reports.

Unions bend to private equity realities

Jul 24, 2007
Firms specializing in buyouts indirectly employ more than five million Americans. And unions are increasingly looking to shore up gains by making concessions to the new economic powers. Steve Henn reports.

When unclaimed becomes unclaimable

Jul 13, 2007
If you have unclaimed stock or property waiting for you somewhere, watch out -- some states can seize or sell it off without you even knowing it. Steve Henn brings us this story of an investor who found out the hard way.

Blackstone exploits another loophole

Jul 13, 2007
Last month when the Blackstone Group went public there were protests over how it engineered a deal allowing it to pay less than half the tax rate paid by most other public companies. Well, it's now reportedly done itself one better. Steve Henn explains.

Washington at odds over VA funding

Jul 5, 2007
Hundreds of thousands of disabled Veterans are waiting months, sometimes years, to receive disability benefits from the Veterans Administration. Congress is trying to add to the VA's budget, but not everyone is happy with the price tag. Steve Henn reports.

Lobbyist in the White House

Jun 27, 2007
It's hard to spin the revolving door faster than Ed Gillespie, who starts today as counselor to President Bush. A controversial choice, he's helped build one of Washington's largest lobbying firms while jumping into and out of government jobs. Steve Henn reports.

Supreme Court sides with business again

Jun 21, 2007
An 8-1 Supreme Court ruling will make it more difficult for investors to bring class action lawsuits that allege they've been ripped off by companies committing securities fraud. Steve Henn reports.

Private equity goes to K Street

Jun 21, 2007
Major private equity firms are awash in profits, but all that cash flowing around has brought some unwelcome attention from Congress. And that's sent the industry scrambling for cover, where else? K Street. Steve Henn reports.

House members keep funds in the family

Jun 18, 2007
A report out today details how scores of House of Representatives members have used campaign funds to enrich their relatives. Steve Henn has the details.

Private-equity could see a tax hike

Jun 15, 2007
Some lawmakers are moving to make sure one of the world's biggest private-equity firms can't take advantage of tax laws by becoming a publicly-traded company. Steve Henn reports.