Question/Comment: Has there been a shift from petrodollars to petroeuros in world energy trading? I read that such a shift would result in less demand for the dollar, resulting in a drop in the dollar’s value. Paul Solman: “Petrodollars” was … Continue reading
Question/Comment: I inherited some money, retired, and moved to Portland, Ore. Now that I have money in the bank, and the Fed has been lowering interest rates, I’ve been wondering exactly how our banking system actually works. When the Fed … Continue reading
Pittsburgh, once described as the nation’s “dirtiest city,” is working hard to reverse that image with new energy efficient initiatives. Paul Solman looks at how the Steel City has become reinvigorated by implementing new “green” energy technologies. Continue reading
Question/Comment: Typically the Paul Solman features on the NewsHour are always among the show’s most trenchant and perceptive. That is why I have been hoping that you could do a feature explaining the present financial situation of the Medicare Program. … Continue reading
- Doesn’t Bear Sterns hiding of their problems while continuing to sell mortgage-backed securities as if all was well constitute fraud?
Question/Comment: Bear Sterns did not go under overnight. Unless they are incompetent, the executives must have known what was happening for at least a year, maybe longer. So how come they took hundreds of millions in salary and bonuses (maybe … Continue reading
The head of the U.N. Food and Agriculture Organization urged help Wednesday for countries affected by a global food crisis caused by sharp increases in the prices of rice and wheat. Experts discuss the causes and consequences of high food prices. Continue reading
- In this current financial mess, why do we not hear anything being said about the repeal of Glass-Steagall?
This installment’s “guest vetter” is Robert Glauber of Harvard University. He led the Brady Commission in studying the 1987 stock market crash, was undersecretary of the Treasury for the first President Bush and, until recently, served as chairman of the … Continue reading