Dec 14 Obama Prods Bankers to Do More to Revive U.S. Economy By Dave Gustafson In a White House meeting with the executives of the nation's largest banks, President Obama called on financial institutions to step up efforts to revive the U.S. economy after they received "extraordinary" financial assistance. Continue reading
Dec 14 The Year Ahead: The Next Crisis Paul Solman: As the end of a tumultuous economic year approaches, we’ve asked a number of economists to weigh in on the year ahead. We’ll be featuring their responses here all week. The responses to today’s question –… Continue reading
Dec 14 Remembering Economist Paul Samuelson Paul Solman: A few years ago, my father, the artist Joseph Solman, and I had a meal with Paul and Risha Samuelson at the house of mutual friends. My dad was in his ridiculously hardy ’90s at the time; Paul,… Continue reading
Dec 14 Citigroup to Repay $20B in TARP Funds By Maureen Hoch Citigroup announced Monday that it will repay $20 billion in taxpayer money, becoming the last of the major Wall Street banks to exit the government-funded bailout program. Continue reading
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