Charles Lane
Charles is senior reporter focusing on special projects. He has won numerous awards including an IRE award, three SPJ Public Service Awards, a National Murrow, and he was a finalist for the Livingston Award for Young Journalists.
In 2020 he reported the podcast Everytown which uncovered the plot to evict a group of immigrants from the Hamptons. He also started WSHU’s C19 podcast. Previous projects include investigations into FEMA and continuing coverage of financial regulation.
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The 1970s law targets redlining in the banking industry. Regulators want to update the CRA so it reflects the way mobile banking has reshaped the industry. That's proving to be a difficult task.
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The Department of Justice and 45 states allege that generic- drug makers colluded to divvy up customers and set prices. Prosecutors are now looking at potential involvement by drug distributors.
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Men between the ages of 18 and 34 have been a key demographic for marketers for years. That's starting to change, say some marketing experts, who say the economic fortunes of these men have declined.
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To work all the expected flood claims, insurance companies will rely on hundreds of small processing companies. Some worry that inexperienced claims adjusters will do more harm than good.
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The man who caused a firestorm of criticism after he bought a small pharmaceutical company and jacked up the price of a life-saving drug was found guilty Friday of securities fraud. Martin Shkreli was convicted on three of the eight fraud charges he faced and could be sentenced to a prison term of as much as 20 years.
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Opponents of Venezuelan President Nicolas Maduro are accusing Goldman Sachs of propping up the Maduro government with its recent purchase of Venezuelan bonds. Goldman bought the bonds at a steep discount and stands to make a lot of money if the country stabilizes. But it's not clear the money Venezuela received will ease food and medicine shortages.
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Many years have passed since Fannie Mae and Freddie Mac got into financial trouble and had to be placed in conservatorship. The mortgage giants are stable now, but nine years later there is still the question of how to get these companies out of conservatorship and on their own again.
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It's taking more time to get nominees for financial watchdog jobs in Washington, D.C., through the confirmation process, according to a study by the Bipartisan Policy Center.
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New York's case against Maurice "Hank" Greenberg is to get underway Tuesday. The former CEO of insurance giant AIG stretches back to 2005 when he was charged with committing accounting fraud.
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Following Britain's vote last month to leave the European Union, investors have been moving cash into "safe havens," such as U.S. Treasury bonds. That surging demand for reliable investments has sent interest rates down to record lows. But local governments may not be able to take advantage of cheap money for infrastructure repairs.