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  • 2 acccused in SC based scheme

    2 acccused in SC based scheme

    A former McNair attorney and a North Carolina financial adviser were accused of taking $3.5 million from 35 investors, the Securities and Exchange Commission announced Thursday. The SEC accuses the 2 men of of luring investors to their firm, South Carolina-based Global Holdings LLC, with promises of returns as high as 4,900 percent in just two months. .

  • GM TO SHED PONTIAC

    GM cutting 21,000 American jobs, sheds PontiacView Video

    The struggling automaker also says it will offer 225 shares of common stock for every $1,000 in notes held by bondholders as part of debt-for-equity swap.

  • 50 ways to get a real person when you call customer service

    50 ways to get a real person when you call customer service

    The Problem Solver Team has 50 tips to get you past the recording and get to a real person.

  • How to do a background check on your financial advisor.

    How to do a background check on your financial advisor.

    Do you know where your money is??? If it's in the hands of a financial advisor or if you're considering doing so, there are some important things you need to do first. News 2 investigates.

  • How to do a background check on your financial advisor

    How to do a background check on your financial advisor

    Do you know where your money is??? If it's in the hands of a financial advisor or if you're considering doing so, there are some important things you need to do first. News 2's Tara Lynn investigates.

  • MADOFF VICTIMS

    Victims worry Madoff will take secrets to prisonView Video

    Disgraced financier Bernard Madoff is to plead guilty and face some of his victims in a New York federal court today.

  • Audit ordered for Force Protection

    Audit ordered for Force Protection

    The Securities and Exchange Commission is requiring a new audit of the 2006 financial statements of South Carolina armored vehicle maker Force Protection.

  • Obama picks SEC chief

    Obama picks SEC chief

    A Democratic official says Obama has chosen Mary Schapiro, who is currently CEO of the Financial Industry Regulatory Authority.

  • SEC staff failed to probe Madoff: Cox

    SEC staff failed to probe Madoff: Cox

    Staff at the Securities and Exchange Commission failed many times over a decade to fully investigate credible allegations of wrongdoing by money manager Bernard Madoff, the head of the SEC says, calling it a serious agency breakdown.

  • Birmingham mayor arrested

    Birmingham mayor arrested

    FBI: Birmingham Mayor arrested on federal charges

  • Dallas Mavericks owner Mark Cuban charged with insider trading

    Dallas Mavericks owner Mark Cuban charged with insider trading

    Federal regulators have charged Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses.

  • Governor wants investigation of Carolina First Bank

    Governor wants investigation of Carolina First Bank

    Gov. Mark Sanford has asked the U.S. Treasury Secretary to investigate Greenville-based Carolina First bank to see whether it's "gaming the system" to get federal bailout money.

  • Stocks trading higher today

    Stocks trading higher today

    Stocks are moderately higher in early trading as investors await testimony from top federal economic officials before Congress about efforts to hammer out a $700 billion financial rescue plan.

  • NBC BAILOUTS NIGHT MEETING

    Lawmakers hold late night meeting on economyView Video

    Bush administration officials met with lawmakers on Capitol Hill Thursday night to discuss a plan to stabilize financial markets.

  • Wachovia to cut 600 more jobs

    Wachovia says it plans to cut 600 more jobs than it previously expected as it works to reduce expenses in the face of staggering losses tied to mortgage debt.

  • Mayor Charged With Insider Trading

    Beaufort Mayor Bill Rauch has been charged with insider trading

  • Beaufort mayor charged with insider trading

    The mayor of a South Carolina town has been charged with insider trading for buying stock in a California biotech company after authorities say he learned confidential information about the firm.

  • Parish Exclusive: Expects To Die In Prison

    Just before receiving a 24-year prison sentence late today, disgraced economist Al Parish sat down with News 2's Warren Peper for his first television interview since his conviction.

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