Opinions

BOSTON — Rep. Paul Kanjorski, the House Financial Services Committee’s second-highest ranking Democrat, was standing next to Boston Harbor, flanked by old ships and modern yachts, at a gala thrown by six large companies and trade groups.

In the largest deal of its kind, the former owners of the failed Superior Bank FSB announced Monday that they had reached an agreement to pay $460 million to federal regulators as a result of the thrift's collapse, but admitted no liability for its fall.

Each of the banks with the largest exposure to Donald Trump has taken some piece of his assets, leaving just enough left over so that Trump still has a stake in using his public stature to generate wealth.