Mar 17 Watch Author Gage Discusses ‘The Day Wall Street Exploded’ Author Beverly Gage discusses her book, "The Day Wall Street Exploded," which examines the fallout from a 1920 bomb attack that killed dozens of people and wounded scores more during lunch hour on Wall Street. Continue watching
Mar 17 Watch When the Government Writes Checks, Where Does the Money Come From? With billions of dollars paid out or promised for financial industry bailouts and the stimulus bill -- and more requests on the way -- Paul Solman looks at where the government is getting the money to pay for the rescue… Continue watching
Mar 17 Watch Other News: New Home Construction Surges in Jan.; Caterpillar Plans Layoffs Construction of new homes and apartments surged more than 22 percent in January, and the Caterpillar company plans to lay off more than 2,400 employees across five factories. Continue watching
Mar 17 Watch Calls Intensify on Capitol Hill to Recover AIG Bonuses Lawmaker anger continued Tuesday over AIG's bonus payments, with some calling for recovery of the funds. Business writers weigh varying views on the bonus debate. Continue watching
Mar 17 Government Furor Continues Over AIG Bonuses By PBS News Hour As the furor continues over millions of dollars in employee bonuses at the failed insurance giant AIG, lawmakers and administration officials in Washington are weighing their options to either block the payments or penalize the company. Continue reading
Mar 17 New Home Construction Jumps as Wholesale Prices Edge Up By PBS News Hour The Commerce Department reported Tuesday that construction of new homes and apartments jumped 22.2 percent in February compared with January, pushing total activity to a seasonally adjusted annual rate of 583,000 units. Continue reading
Mar 17 How Do We Get Banks Lending Again? Question: Given our collective financial plight and our need for credit to survive, how do we get banks to be banks again (read: lend)? Can it be legislated – and if not, how can we surmount our impasse? Paul Solman:… Continue reading
Mar 16 Watch Other News: Wall Street Dips, Pakistan Reinstates Judge In other news, Wall Street fell short of extending an upswing for a fifth day and Pakistan moved to reinstate a top judge to curb a growing political protest. Continue watching
Mar 16 Watch Obama, Congress Blast AIG Plans for Employee Bonuses AIG plans to pay millions in worker bonuses, a move that has angered lawmakers who have given the insurer bailout billions. Lawmakers weigh the options in dealing with AIG. Continue watching
Mar 16 Obama Cites ‘Outrage’ Over AIG Bonuses By PBS News Hour President Barack Obama said Monday that he intends to stop American International Group from paying out millions in executive bonuses, as concern intensified over the insurance giant's handling of federal rescue money. Continue reading