Investment bank J.P. Morgan got hit with two sets of penalties that total over a billion dollars in fines and refunds. Judy Woodruff talks to Dawn Kopecki of Bloomberg News for details on the charges, the ongoing investigations and the larger consequences for the company. Continue reading
Fourteen months after revealing its sophisticated 787 jet, Boeing’s "Dreamliner" faces a comprehensive review by the Federal Aviation Administration. Incidents such as electrical generators failing mid-flight and its lithium batteries self-igniting have led the FAA to review the safety of the planes. Margaret Warner reports. Continue reading
A bipartisan commission charged with investigating the causes of the financial crisis released its findings Thursday, but the members’ conclusions fell along party lines. Judy Woodruff speaks with the chairman, Phil Angelides, and Douglas Holtz-Eakin, who was part of the dissenting Republican minority. Continue reading
A sweeping reform of the nation’s financial regulatory system passed a key vote before the Senate late Thursday, fast-tracking a final vote on the overhauls. Judy Woodruff reports on the process to reconcile the House and Senate versions of the legislation. Continue reading
President Obama called for an overhaul of how the government handles oil drilling approval, as estimates of the gulf oil leak’s magnitude continue to climb. Jeffrey Brown talks to U.S. Coast Guard Commandant Admiral Thad Allen about the ongoing crisis in the Gulf of Mexico. Continue reading
Editor’s note: Paul also recently sat down with Harvey Miller, lawyer for Lehman Brothers during its descent into bankruptcy, for an insider’s look at what it was like meeting with government regulators as Lehman faced collapsed.
Question: On the Newshour a few weeks ago, there was a piece about the bonuses being paid to AIG’s Financial Products Division. In that coverage, one guest mentioned regulators were blocked from overseeing derivatives. I assume that was done by … Continue reading
The Securities and Exchange Commission issued an unusual rebuke of its own regulators Tuesday night over its failure to investigate Wall Street money manager Bernard Madoff, now accused of widespread fraud that bilked investors of billions. Continue reading