bailout

Feinberg Hopes More Companies Adopt Executive Pay Rules

The Federal Reserve curbed pay packages for executives of companies that received bailout money in an effort to discourage risky business practices. Jeffrey Brown speaks with executive pay czar Kenneth Feinberg.

Continue watching

Obama: Small Businesses to Be Offered TARP Help

By Carolyn O'Hara

President Barack Obama unveiled plans Wednesday to shift government bailout efforts from Wall Street's banks to Main Street's small businesses by increasing lending and access to credit.

Loan Losses Drive Down Bank of America Earnings

Bank of America reported Friday that it lost more than $2.2 billion in the third quarter, largely due to loan defaults and credit card delinquencies.

Wall Street Set for Record Payouts a Year After Crash

Despite heightened scrutiny from both the public and regulators in the wake of the AIG bonus scandal, compensation on Wall Street is set for a record year in 2009. Jeffrey Brown reports.

Continue watching

The Personalities and Priorities of Obama’s Economic Team

By Carolyn O'Hara

Ryan Lizza, Washington correspondent for The New Yorker magazine, has penned a new account of how the main players on the White House economic team negotiate their different backgrounds and priorities in crafting high-stakes economic policies.

In Case You Missed It: Ahead of the G-20, How Are World Economies Faring?

Editor’s note: In anticipation of the G-20 summit that begins today in Pittsburgh, Paul’s segment last night took a look at how the world’s economies are faring a year into the financial crisis. Along the way, he gets some global…

G-20 Leaders Urge Financial Reforms, but Dramatic Results Seen as Unlikely

By Carolyn O'Hara

As the leaders of the G-20 meet in Pittsburgh to discuss how to overhaul the global financial system, countries are calling for a wide spectrum of reforms. But a dramatic overhaul of how the global economy is run may be…

Snapshot: Economies of the G-20

By Online DA

The financial crisis barreled through industrialized and developing nations, bruising once vital economies, and thrusting unhealthy ones further into decline. With G-20 leaders in Pittsburgh this week, here is a look at where their economies stand.

One Year On, Hurdles Remain for Reforming Wall Street

One year after the fall of Lehman Brothers' brought the global economy to the brink of collapse, questions remain as to whether the government has been tough enough on Wall Street. Experts explain why.

Continue watching

A Year After Bailout, Uncertain Future for AIG

A year after the U.S. government came to the rescue of insurance giant American International Group (AIG), the company has a new CEO and its share price is up. Yet the company's future remains uncertain.