Jun 12 Watch Finance Fallacy: Stocks in the Long Run Financial advice is often loaded with misconceptions and misinformation. In the latest edition of Finance Fallacy, Paul Solman and Boston University professor Zvi Bodie debunk the belief that investing in stocks is the safest, smartest route to financial security over… Continue watching
Jun 12 Could the Government Limit the Number of Layoffs a Profitable Company Could Make? By Business Desk Question: Obama and Geithner said they would act aggressively to fix the economy. So, why hasn’t the administration limited the number of employees that profitable companies may lay off? That could help significantly by keeping the unemployment rate down, partially… Continue reading
Jun 11 Watch 'Frontline' Investigates Bank of America Deal An excerpt on Frontline's upcoming report on Bank of America and the government's new role in the banking system, told from the perspective of CEO Ken Lewis and the financial reporters who covered the story. Continue watching
Jun 11 Watch Lawmakers Examine Bank Purchase of Merrill Lynch Officials from the Treasury Department and Federal Reserve pressed Bank of America into purchasing Merrill Lynch last year, the bank's chief executive Ken Lewis told a House committee. Spencer Michels reports on the hearing. Continue watching
Jun 11 Retail Sales Up for First Time in Three Months By PBS News Hour Fewer Americans filed claims for unemployment benefits last week and retail sales grew in May for the first time in three months, raising expectations that the recession could be abating. Continue reading
Jun 11 What Happens to California State Bonds if the State Goes Bankrupt? By Business Desk Question: I live in California and own California State Bonds. What happens to state bonds if the state goes bankrupt? Paul Solman: They stop paying, both interest and principal. That’s what a default IS. Last September 15, Lehman Brothers… Continue reading
Jun 10 Watch Administration Proposes New Steps to Regulate Executive Pay The Obama administration outlined a plan for new executive compensation regulations Wednesday, putting the politically charged issue of executive pay back in the spotlight. Analysts examine how more oversight will affect the industry. Continue watching
Jun 10 Watch After Chrysler Deal, Fiat to Face Tough U.S. Car Market Chrysler finalized the sale of its assets to Italian automaker Fiat Wednesday after the Supreme Court cleared the way for the deal. Analysts examine the future for the newly merged company. Continue watching
Jun 10 Administration Proposes New Regulations of Executive Pay By Admin, PBS News Hour The Obama administration on Wednesday proposed new regulations for executive compensation at financial firms. Continue reading
Jun 10 If China Pulls Away From the Dollar, What Happens to the U.S. Economy? Question: There’s been speculation that China will lessen its ties to the U.S. dollar and U.S. debt. Some countries would also like oil to be priced in something other than dollars. If these events were to happen, what might be… Continue reading