Dec 14 Monday's Headlines: Citi to Repay TARP; Obama Meets With Bankers --Citigroup announced Monday morning it struck a deal with the Treasury Department to repay $20 billion of bailout money. (Photo by Justin Sullivan/Getty Images.) After weeks of trying to persuade regulators that it was sound enough to stand… Continue reading
Dec 14 Watch Bailout Banks Continue March Toward Recovery Judy Woodruff gets another reaction to the White House banker summit from Steve Bartlett of the Financial Services Roundtable, which lobbies for most of the banks represented in Monday's meeting with President Obama. Continue watching
Dec 14 Watch Late Economist Samuelson Bridged Math, Money Paul Solman reflects on the life and work of economist Paul Samuelson, who died Sunday at the age of 94. He was the first American to win the Nobel Prize in economics. Continue watching
Dec 14 Watch Small Businesses Buckling Under Recession's Credit Freeze Tom Bearden examines how small businesses' inability to get credit is playing out in Colorado. Continue watching
Dec 14 Watch Obama: Banks Must Lend More to Help Economy President Obama asked the leaders of top U.S. banks on Monday to assume a larger role in helping the economy to recover. Kwame Holman reports and then Judy Woodruff speaks with presidential senior adviser Valerie Jarrett for more details. Continue watching
Dec 13 Remembering Economist Paul Samuelson By Murrey Jacobson Update: You can read economics correspondent Paul Solman's reflections on Samuelson's life and work here on Making Sen$e. The world lost one of the giants in modern economics Sunday when Nobel laureate Paul Samuelson died at his home… Continue reading
Dec 11 Patchwork Nation: Health Care System Buckles as Tourism Slows in Ore. By Anna Shoup In Lincoln City, Ore., where the local economy remains heavily dependent on tourism, many jobs lack health insurance. And when jobs become scarce, even more find themselves struggling to find care. Continue reading
Dec 11 Ray Suarez Tests His Hand at Glassblowing in Lincoln City, Ore. By Ray Suarez When the PBS NewsHour crew was in Lincoln City, Ore., as part of the Patchwork Nation project, senior correspondent Ray Suarez tested his hand at glassblowing. Watch and read more about his experience: I had a very good… Continue reading
Dec 11 Financial Regulatory Overhaul Passes House In a vote of 223-202, the House passed sweeping changes Friday afternoon to the way the financial system is regulated, with the creation of a new consumer watchdog agency, new authority for the Fed to police financial firms, and a… Continue reading
Dec 11 Feinberg Issues New Salary Caps for TARP Firms New compensation rules issued Friday will cap 2009 pay at $500,000 cash for about 450 employees at four companies that have received government bailout funds. The new guidelines affect the 26th- through 100th-highest-paid employees at the affected firms, which include… Continue reading