- Can the recent market fallout be traced back to Reagan’s deregulation of these types of institutions?
Question/Comment: Can the recent market fallout be traced back to Reagan’s deregulation of these types of institutions? Is it also a reflection of a Republican/Bush White house that has purposely discouraged regulators from doing their jobs? Paul Solman:“Deregulation” as a … Continue reading
Question/Comment: Everyone seems to be concerned about the financial institutions failing. I have three questions: If institutions such as Fanny Mae, Freddie Mac, AIG fail and others fail or taken over by the government, how am I affected? What if … Continue reading
President Bush and Treasury Secretary Henry Paulson pushed Congress Friday to cooperate with a plan to rescue the country’s markets by authorizing the government to purchase failing mortgages at highly discounted rates. Continue reading
Personal finance concerns have jumped across the country as trouble among U.S. financial firms has roiled Wall Street. Columnist Jane Bryant Quinn and economist Diane Swonk discuss the impact of the crisis on everyday Americans. Continue reading
The financial crisis gripping Wall Street this week has led to an unprecedented level of government intervention. Policy experts examine the government’s role in the crisis. Continue reading
President Bush addressed recent shifts in the financial sector, central banks flooded currency markets with cash in an attempt to spur banks to begin lending again and the presidential candidates offered fresh reactions to the crisis. Kwame Holman and Judy Woodruff recap the economic news of the day.
The world’s central banks injected $180 billion into markets early Thursday to revive a global financial system that had nearly ground to a halt amid a crisis on Wall Street and to ensure the banks can access enough cash for lending. Continue reading
Question/Comment: How deeply has the home foreclosure problem affected retirees? Paul Solman: Wasilla? THE Wasilla? (Indeed, there IS a Marian Elliott in Wasilla, according to Zaba Search, so I suppose so.) Welcome. Small town; short question. So I’m tempted to … Continue reading
Troubles on Wall Street and concerns over the U.S. economy took center stage on the campaign trail again Wednesday. Judy Woodruff reports on the latest remarks from Sens. John McCain and Barack Obama on financial sector shifts. Continue reading
The government’s bailout of AIG failed to boost stock markets Wednesday, with the Dow dropping more than 400 points. Economic analysts examine the government’s decision to aid the insurer and the state of financial woes. Continue reading