Apr 14 Watch After Infusion of Aid, Some Banks Return Bailout Funds As the government invests billions to shore up the financial sector, some banks are returning rescue funds earlier than expected. A banking chief and a reporter explain the latest. Continue watching
Apr 13 Where Is the Bailout Money Hiding? Question: You did a great job explaining where the money for the bailouts comes from. Can you now tell us where, exactly, it is going? If there are so many trillions of dollars sloshing about, how come the… Continue reading
Apr 11 In Case You Missed It: Clawbacks and CEO Pay On Friday’s NewsHour, Paul Solman reported on the continued anger over extravagant CEO pay at companies receiving billions in bailout dollars and the options being explored to regain some of the money. ]> And… Continue reading
Mar 31 New GM CEO Predicts ‘Deeper’ Restructuring By PBS News Hour The new chief of General Motors Corp. said Tuesday that the struggling automaker will likely shutter more U.S. plants and cut jobs as it embarks on a "deeper" company restructuring. Continue reading
Mar 30 GM CEO Ousted as Obama Details Auto Plan By Admin, PBS News Hour After months of dire sales predictions and billions loaned in government aid, President Barack Obama laid out a series of tough terms for ailing U.S. automakers, including the ouster of General Motors CEO Rick Wagoner. Continue reading
Mar 25 Why Use 100 Days to Evaluate a New President? By Admin, PBS News Hour From rescuing the U.S. from a deepening recession to re-examining U.S. strategy in Iraq and Afghanistan, President Barack Obama has set a busy agenda -- earning praise from some and questions from others on its ambitious scope. Continue reading
Mar 20 Watch AIG Bonus Outrage, Deficit Complicate Obama Agenda With Washington still railing against more than $160 million of bonuses at insurance giant AIG, Mark Shields and Byron York consider the impact of the furor and the new estimates of the growing federal deficit on President Obama's agenda. Continue watching
Mar 20 Should the U.S. Adopt the German Auto Plan? Question: I am curious how you believe we should balance helping big companies with also helping their customers. The number one basic business principle is: Businesses don’t do well without customers. Solution: Provide customers. Here’s a case in… Continue reading
Mar 19 Interest Rates on Credit Cards Are Going Up. Won’t That Further Hurt Average Joes? Question: About four weeks ago, my Chase credit card informed me that the interest rate on my current balance was changing from 5.99 fixed to 10.99 variable so that Chase could “maintain profitability” on my account. I knew that I… Continue reading
Mar 19 Watch Anger at AIG Continues as House Passes Tax on Bonuses The House voted Thursday to impose a 90 percent tax on some bonuses at AIG and other bailout-funded companies. Editorial writers describe reaction to the controversy across the country. Continue watching