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
Mar 16 Should the Stimulus Be Spent on R&D Instead? Question: What is the approximate rate of return on investment in the National Institutes of Health, National Science Foundation, and other agencies that sponsor research in this country? At one time, I read that it was something like 1:17 (investment:return). Continue reading
Mar 16 How Much Responsibility Do Boards of Directors Bear? Question: It seems the press is ignoring the elephant in the banking bath tub: Members of each board of directors had responsibility to their shareholders, yet I never hear that being discussed. And I’ve only had a whiff of who… Continue reading
Mar 16 New Grads Increasingly Turning to Jobs in Service, Volunteer Sectors By Admin, PBS News Hour With the nation's unemployment rising to a 25-year high this month and the financial sector in turmoil, job prospects look bleak for many college seniors set to graduate this spring. Continue reading
Mar 13 Watch Global Financial Leaders Meet in London Global Financial Leaders, including World Bank President Robert Zoellick and U.S. Treasury Secretary Timothy Geithner, are gathering in London for a G-20 summit and are expected to discuss global financial regulation and taxation issues. Faisal Islam of Independent Television News… Continue watching
Mar 13 Watch Other News: OPEC Supply Cut Expected In other news, OPEC is expected to decide to cut oil production at its upcoming European meeting Sunday and closing arguments began in the trial on the Minnesota Senate vote recount. Continue watching
Mar 13 Watch Markets Rise, but Confidence in Economy Still Lags Wall Street marked its best run since November this week as President Obama worked to boost confidence in recovery moves. The Wall Street Journal's David Wessel offers insight. Continue watching
Mar 13 If China Is Worried About U.S. Debt, How Worried Should We Be? Question: China’s Premier Wen Jiabao said today he was “worried” about China’s $1 trillion investment in U.S. securities. So, should the United States be worried about his worry? Paul Solman: In response to any economic problem these days, I’m… Continue reading