economic crisis

  • BernankeScreenShot
    February 23, 2014  

    Federal Reserve Board transcripts from 2008 released on Friday give a behind-the-scenes look at how the nation’s central bankers reacted to the global financial meltdown. Hari Sreenivasan speaks with the Wall Street Journal’s Jon Hilsenrath about what new insight these documents give us about how the Fed handled the crisis. Continue reading

  • June 6, 2013  

    Should we have let foundering financial firms fail in 2008? Economics correspondent Paul Solman sits down with economist Paul Krugman to discuss the provocative bestseller "The Great Deformation" by David Stockman and the government’s role in mediating economic meltdowns. Continue reading

  • October 12, 2012  

    Winner of the 2012 Nobel Peace Prize, the European Union was created for its member nations to deal with political, diplomatic and economic problems together. Ray Suarez talks to E.U. Ambassador to the U.S. Joao Vale de Almeida, who says as Europe’s economic woes increase, European Union ties will likely deepen, not break. Continue reading

  • August 2, 2012  

    The Troubled Asset Relief Program was created in 2008 to prevent financial collapse by allowing the U.S. government to buy up troubled assets. But it ended up being used to bailout big banks. Paul Solman talks to Neil Barofsky, author of the new book “Bailout,” about his role as the former TARP Special Inspector General. Continue reading

  • July 18, 2011  

    President Obama tapped former Ohio Attorney General Richard Cordray to head the new Consumer Financial Protection Bureau. Judy Woodruff leads a debate over the agency’s role, responsibilities and funding with the Roosevelt Institute’s Jeff Madrick and David Hirschmann of the U.S. Chamber of Commerce. Continue reading

  • July 13, 2011  

    On Wednesday in Rome, Italian Finance Minister Giulio Tremonti announced plans to strengthen a $57 billion austerity package and speed it through Parliament in hopes of calming market fears in Europe and on Wall Street. Ray Suarez reports on the nation’s worrisome economic crisis. Continue reading

  • July 13, 2011  

    In hopes of calming the world’s jitters over its financial health, Italian Finance Minister Giulio Tremonti announced plans to strengthen a $57 billion austerity package on Wednesday. Ray Suarez discusses the country’s economic crisis with Il Sole 24 Ore’s Mario Calvo-Platero and Harvard University’s Kenneth Rogoff. Continue reading

  • June 16, 2011  

    Anxiety over the Greek debt crisis spooked markets in Europe and Asia again Thursday as investors worry about problems there spreading. Meanwhile, Greece’s prime minister held an emergency Socialist Party meeting but delayed a Cabinet reshuffle until Friday. Daisy McAndrew of Independent Television News reports form London. Continue reading

  • June 16, 2011  

    Demonstrators took to the streets in Greece and their government braced for a shake-up as that country grapples with a debt crisis with global repercussions. Also, Vice President Biden held meetings to work on a debt-ceiling deal. Judy Woodruff discusses the economic threats posed by Greece and U.S. debt with two experts. Continue reading

  • June 7, 2011  

    A new Washington Post/ABC News poll finds that 57 percent of those surveyed say an economic turnaround has not yet begun in the U.S. Gwen Ifill discusses what’s next for the economy — and the political implications — with USA Today’s Susan Page, Wells Fargo economist Mark Vitner and Tom Binnings of Summit Economics. Continue reading

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