Dec 08 Could You Help Me Understand Credit Default Swap in Terms of Purchasing a Car? Question/Comment: The lease is up on my Lexus and I inquired about buying it. Lexus financial said that I’d have to pay the residual value from the lease. That amount is $10,000 over market value. It was later explained to… Continue reading
Dec 05 U.S. Calls for Zimbabwe's Mugabe to Resign as Power-sharing Deal Falters By PBS News Hour U.S. Secretary of State Condoleezza Rice increased pressure on Zimbabwe's President Robert Mugabe to leave office after his government stalled on a power-sharing deal with the opposition party. Continue reading
Dec 04 Auto Execs Renew Case for Government Aid By PBS News Hour Leaders of Detroit's Big Three automakers returned to Capitol Hill Thursday to renew their case for an expanded $34 billion rescue package, but heard fresh skepticism from lawmakers on their plea. Continue reading
Dec 03 Watch Famed Civils Rights Folk Singer Odetta Dies Prominent civil rights folk singer Odetta died at 77 from heart disease at New York's Lenox Hill Hospital Tuesday. The NewsHour remembers the Grammy-nominated artist and her influence on fellow musicians. Continue watching
Dec 03 As Thousands Protest Indian Government, Rice Tells Pakistan to Aid Attacks Probe By Admin, PBS News Hour U.S. Secretary of State Condoleezza Rice said Wednesday that Pakistan has a "special responsibility" to cooperate with the probe into last week's attacks in Mumbai as protesters took to the streets to voice dissatisfaction with India's government. Continue reading
Dec 02 Big Three Automakers Submit Plans to Congress By PBS News Hour The three biggest U.S. automakers -- Ford Motor Co., General Motors Corp., and Chrysler LLC -- submitted plans to Congress on Tuesday, in hopes of getting a line of credit from the government to keep their companies in business. Continue reading
Dec 01 Should We Raise the Price of Gas and Use the Extra to Fund the Big Three Bailout? Question/Comment: There was an article in the New York Times suggesting we peg gas prices at $3.50 and use the income to fund the Big Three bailout and future alternative energy research. This would also keep the pressure on to… Continue reading
Dec 01 Grieving India Hunts for Clues in Mumbai Inquiry By PBS News Hour As the investigation continues into last week's attacks in Mumbai that killed nearly 200 people and threatened to unravel delicate ties between India and neighboring Pakistan, India's home security minister resigned Sunday. Continue reading
Nov 26 Watch Robert Gates' Likely Re-Appointment at the Pentagon Stirs Debate President-elect Barack Obama will likely ask Defense Secretary Robert Gates to remain as Pentagon Chief when his administration takes over. A retired brigadier general and a former Bush administration official debate the pros and cons of keeping Gates at the… Continue watching
Nov 26 Thai Army Chief Urges PM to Quit as Protesters Paralyze Airport By Admin, PBS News Hour Thailand's army chief called for the country's prime minister to resign Wednesday in the face of protests that have paralyzed the government and stranded thousands of passengers at Bangkok's main airport. Continue reading