Jul 27 Watch Feinberg: Indirect Oil Claims Will Be Tougher to Resolve Kenneth Feinberg, who was chosen to administer the $20 billion fund established by BP to settle near-term oil disaster claims, faces both skepticism from Gulf Coast residents and a daunting task in deciding which direct and indirect claims to approve. Continue watching
Jul 27 Watch WikiLeaks Documents Go Public: Where Should Journalists Draw the Line? Some have questioned whether WikiLeaks and major news organizations publishing the secret documents compromised the safety of American lives. Judy Woodruff gets perspective from two journalists on what is considered when publishing sensitive information. Continue watching
Jul 27 Watch BP Finalizes Leadership Shakeup, Replacing Hayward With Dudley BP confirmed that Bob Dudley will take over as CEO of the embattled oil giant in October and announced a $17 billion loss in earnings, saying it paid out at least $32 billion for compensation and cleanup of the Gulf… Continue watching
Jul 27 Watch Risk Analyst: Oil Liability Tough to Tally, But BP Will Likely Survive Soon-to-be CEO of BP, Bob Dudley, is set to take over for Tony Hayward on Oct. 1. Gwen Ifill speaks with Holly Pattenden of Business Monitor International in London about the leadership switch, the company's liability in the oil disaster… Continue watching
Jul 26 Is a Stockbroker Better Than a Dart-throwing Monkey? Question: I have heard that the actual return on investment (after fees) using a stock broker is usually less than investing in an index fund and about the same as amateur investors or even a monkey throwing a dart. Is… Continue reading
Jul 26 President Obama Urges Senate Action on Campaign Finance Disclosure President Obama spoke in the White House Rose Garden Monday to urge the U.S. Senate to join the House of Representatives in passing the DISCLOSE Act -- aimed at making political advertising more transparent after the Supreme Court's… Continue reading
Jul 26 BP Could Begin Final Oil Well Kill Procedure Next Week By Lea Winerman BP could begin taking the final steps to try to kill its blown-out oil well in the Gulf of Mexico as soon as next week, Coast Guard Adm. Thad Allen said Monday. Allen gave the most specific timeline yet for… Continue reading
Jul 26 Monday: Thousands of Documents Leaked on Afghan War; BP Eyes Leadership Shift More than 90,000 classified U.S. documents detailing the war in Afghanistan have been published online by the whistle-blower group WikiLeaks, offering a newly detailed window of insight into the U.S. military's struggle to confront the Taliban and the… Continue reading
Jul 26 The Morning Line: Leaked Afghanistan Field Reports to Shape Political War Debate At Home By Terence Burlij The release of 92,000 classified reports by the website WikiLeaks paints a familiar and bleak picture of just how difficult and convoluted achieving success in Afghanistan will be for the American military. These reports will shine a bright light… Continue reading
Jul 25 Despite Skeptics, Feinberg Enthusiastic to Put $20B Oil Disaster Fund to Work BAYOU LA BATRE, Ala. | At 7 a.m. Saturday, Kenneth Feinberg stood in front of a standing-room only crowd at the municipal building in Bayou La Batre, Ala., and told people "I am your lawyer." He didn't get… Continue reading