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Steve Henn

Latest from Steve Henn

  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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