HCAD fights owners of moderate housing for every single assessment penny. So why is it routinely handing out tax breaks worth several millions to big corporations?
A local radio host who splits his time between spouting right-wing dogma and offering investment advice has been hit with a cease-and-desist order from the Securities and Exchange Commission. George R. Jaresky, Jr. hosts a show on KTEK-AM 1100 (Official motto: "Yes, We Exist") and is semi-syndicate ... More >>
Any way you slice it, the "Johnny Manziel for Heisman" story (covered ad nauseum in this space over the last few days) is one of the most unlikely sports stories certainly of this calendar year and perhaps in the history of college football. Lightly recruited, undersized redshirt freshman quarterba ... More >>
Laura Pendergest-Holt, 39, the former chief investment officer for the Ponzi-scheming Stanford Financial Group, got her prison sentence today: up to three years in a federal pen. She got her sentence, prosecutors say, for "obstructing a U.S. Securities and Exchange Commission (SEC) investigation in ... More >>
Journey Cynthia Woods Mitchell Pavilion August 24, 2012 Rewind: Saturday Night: Styx & REO Speedwagon at The Woodlands Journey's enduring popularity might seem a little improbable at first, but it's not that hard to figure out. Core members Neil Schon, the former Santana guitarist, and bassist R ... More >>
The chief investment officer of Allen Stanford's disgraced Ponzi-scheme firm has pleaded guilty to obstructing investigations of it, the U.S. Attorney's Office says. Laura Pendergest-Holt, 38, said she had hoped to stall an SEC investigation into Stanford International Bank (SIB), the Antiguan offs ... More >>
When Steve Lipsky blamed fracking for turning his water well into a flamethrower, he set off an epic battle between the EPA and Texas.
Yep, we're still stuck with this bozoIn case you missed the news last week, Bud Selig's contract to be the commissioner of Major League Baseball has been extended another two years -- this coming after Selig had announced several years ago that he was retiring at the end of his current contra ... More >>
Welcome to the family, Aggies.Earthshaking news that you might have missed if you're not a sports fan: Texas A&M is leaving the Big 12 to go to the Southeastern Conference. If you're not a sports fan, perhaps your earth has remained unshaken, but it's a monster step for the Aggies. To help ... More >>
Wells Fargo hit by protests.Wells Fargo just can't win: All the bank wants to do is make good on its underwriting of a private prison company with a history of inmate deaths, sexual abuse and record-tampering, and now a group called Texas United for Families wants the bank to pull out. Speci ... More >>
The MoneyMan settles with the SEC.Breaking news: There is something called "BizRadio" in Houston, as far as we can tell on 1110 AM, and its big personality is Daniel "The MoneyMan" Frishberg. More breaking news: Frishberg has just settled a complaint from the SEC and will be reimbursing inve ... More >>
Meet the (almost) new boss, not the same as the old bossThe Houston Business Journal has ferreted out a nice nugget from the reams of paper surrounding the sale of Houston's Dynegy Inc.: Goldman Sachs tracked down and talked to a homeless guy who put in a bid to buy it. SEC filings show that ... More >>
Part meltdown memoir, part essential finger pointing, Inside Job will make you seethe.
Could Valero empty the coffers of Texas schools?
When we heard news that Securities and Exchange Commission (SEC) employees were watching porn while our country's economy was crashing, it didn't surprise us ... at all. Yeah we know, the SEC was formed to police Wall Street, and while the culprits were getting away like bank robbers, 33 SEC emp ... More >>
Judge who helped BP went on junket party on their tab.
You know things have gotten off on the wring foot challenging Rick Perry when the state's leading political writer compares your operation to Kay Bailey Hutchison's.Here's how things have gone in the Texas governor's race since the primaries: Rick Perry has been in Patton mode, ostentatiously "ac ... More >>
We've bailed out the banks. When do we go after the crooks behind our financial collapse?
Earlier this year, Halliburton agreed to pay nearly $560 million in fines to the federal government to end an investigation into its former subsidiary, KBR, and its involvement in bribing Nigerian officials to get construction contracts. It was reportedly the largest fine ever paid by a U.S. comp ... More >>
Castles and corruption lead to criminal charges.
Photo by yomanimusBloomberg is reporting that the Houston-based Stanford Group Co. is under investigation by the Feds. In the aftermath of the Bernie Madoff scandal, both the Securities and Exchange Commission and the Financial Industry Regulatory Authority want to know how Stanford can keep payin ... More >>
Heads you lose, tails you lose
Primates -- destined for laboratory research -- are being brought into a compound in Houston so carefully and quietly that no one knows they're here
Here's your chance to get rich quick -- or lose your shirt, in which case, GlobalTec disavows all responsibility for, well, anything
Desperate clients hand over thousands of dollars for a chance at a job
Celester Hall went to Afghanistan to help the troops and make his fortune. He came back deaf, in diapers and looking for benefits.
A Pearland guy causes a Beltway firestorm
Alex Gibney tells the story of Enron's rise and fall -- and you won't need an economics degree to understand it
One of Ken Lay's many legacies: the families whose lives were disrupted by the fall
While communities across the country block LNG terminals, Quintana just shrugs
Location will be a trying problem for Fastow's legal team
The Chronicle's film critic doubles as a pinko commie naysayer
Rank-and-file employees suspected something was wrong at Enron. Now they want someone to pay.
Enron used political ties to rid itself of regulators. But in the end, its supposed free-market trailblazing only burned investors.
Moody hooks a $75 million verdict against a fish farm and a law firm
With billboards of windmills promising gentle, nonpolluting energy, Green Mountain offers Texans a new power avenue. Will they take it? Should they?
After a career serving kingmakers, can Jim Edmonds really be his own leader?
So long to slackers and laid-back lifestyles. Now that cash-rich techies have taken over, can Austin survive the great digital divide?
Boiler Room steams with the stark greed of go-for-brokers
Who needs a product when you can sell stock? The mind-boggling success of PinkMonkey.com.
Buyers are the real prize in vacation-share pitches
How once-fearsome corporate raider T. Boone Pickens was beaten at his own game -- by a one-time protege
And they're ready to make money the old-fashioned way: By outsmarting the big guys.
Headline:The Case Against Hurwitz In one of the last big S&L cases from the '80s, two federal agencies are pursuing Charles Hurwitz over the failure of united Savings. And for once, Hurwitz may have no place to hide.
Wendy Gramm's all-American success story is a centerpiece of her husband's fledgling presidential bid. But there's more to the story than what's being packaged and sold by the Phil Gramm campaign.
John Bockris was known around Texas A&M as a chemist interested in "weird science." Joe Champion gave him all he could handle.