Economy Jun 02 Geithner in China: How Is China Weathering the Economic Crisis? Question: How is China weathering the economic crisis? And does China want to remain the United States’ largest creditor? Paul Solman: With Treasury Secretary Tim Geithner in Beijing for the past few days, the financial world has been watching and…
Economy May 26 Is There Any Talk of Reinstating Glass-Steagall? Question: Is there any talk of reinstating the Glass-Steagall Act? Paul Solman: For those who can’t remember as far back as 1933, Glass-Steagall was an act of Congress passed only three months after President Roosevelt took office and…
Economy May 14 What’s the Story With Regulating Derivatives? Question: What’s going on with the just-announced regulatory reform of derivatives? Paul Solman: Plenty. And you could say it’s about time. One of the leading scandals of recent years (and that’s no easy feat, considering how crooked a track…
Economy May 12 What’s the Real Madoff Math? Tonight, FRONTLINE tackles the Bernard Madoff affair, attempting to decipher the puzzle of the financier’s multi-billion dollar Ponzi scheme. The program delves into the cast of characters involved in the case, including the…
Economy May 11 What’s the Argument FOR Tax Havens? Question: I understand that President Obama is going after the use of offshore tax havens by U.S. corporations. My gut feeling is that he’s right to do this, but I’ve never really heard both sides of the argument. Is there…
Economy May 05 Reader Response: Robert McElvaine on the Great Depression Comment: The coverage of the Great Depression by Robert McElvaine was so one sided it was unbelievable. [Editor’s note: You can watch the segment below.] Yes, the Great Depression was horrible, millions of people were out of work and…
Nation Apr 28 In Case You Missed It: St. Louis, the Stimulus, and the New Deal On last night’s NewsHour, Paul investigated how stimulus funds are being spent in St. Louis and compared today’s projects with those funded by the New Deal during the Depression. Don’t miss a special slide show showcasing iconic New…
Economy Apr 24 How Does the Downturn Affect Urban Renewal? Editor’s Note: As Barack Obama’s presidency reaches the 100-day mark, the NewsHour is examining how the president’s policies and the economic crisis are affecting one city – St. Louis, where Obama will mark the milestone April 29. Paul’s segment on…
Economy Apr 08 As the Amount of Money in Circulation Increases Rapidly, How Does the Fed Prevent Hyperinflation? Question: If the Fed and Treasury have increased the amount of money in circulation by $1.6 trillion in an effort to stave off deflation in the near term, how does the Fed take this money back out of circulation to…
Economy Mar 25 Can the Dow Fall Into Negative Numbers? Question: My high school daughter asked me a question I can’t answer. Can the Dow fall to zero or into negative numbers? Paul Solman: Ah, at last. A question I can definitively answer: ABSOLUTELY…