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Oct 07

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Federal Reserve Employs Tools to Ease Credit Fears

Global markets continued to fluctuate Tuesday, as the Federal Reserve announced plans to buy up short term debt in a bid to ease strain on the credit sector. Reporters and analysts examine the Fed's moves.

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Oct 07

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Fed Aims to Unfreeze Credit Markets With Plan to Buy Short-Term Debt

By PBS News Hour

The Federal Reserve announced a plan Tuesday to buy short-term debt directly from businesses, in an effort to stimulate paralyzed credit markets and get cash to companies that need it.

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Oct 07

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Risky Credit Default Swaps Linked to Financial Troubles

Insurer AIG is among the financial titans to hit troubled times in the recent Wall Street crisis. Paul Solman takes an in-depth look at the woes at AIG and explains how credit default swaps played a role its financial turbulence.

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Oct 07

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Weak Collective Action Threatens Global Credit Crisis

The U.S. financial meltdown has become a globalized crisis, spreading to Europe and emerging markets. The managing director of the International Monetary Fund explains the importance of restoring confidence among banks and consumers, coordinating efforts among countries and the IMF's…

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Oct 06

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Bailout Fails to Stem Credit Fears in Financial Markets

Despite the approval of a sweeping $700 billion bailout bill on Capitol Hill, the downward march of the financial sector continued Monday as major world and U.S. markets plummeted.

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Oct 06

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Stocks Drop Over Continuing Credit Fears

By PBS News Hour

U.S. stocks fell more than 6 percent Monday morning and the Dow Jones industrial average fell below 10,000 for the first time since October 2004.

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Oct 03

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Sweeping $700 Billion Financial Rescue Wins Final Approval

The U.S. economy faced fresh troubles Friday as President Bush signed a $700 billion bailout bill. Analysts weigh the economic picture and Paul Solman recaps week's events.

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Oct 02

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House Leaders Count Votes, Target GOP Holdouts in Attempt to Pass Rescue Package

By Admin, PBS News Hour

The Treasury Department's plan to buy bad mortgage-related securities returns to the House Friday, as lawmakers lobby their own party members and hope tax cuts and financial rule changes will convince holdout Republicans to vote yes.

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Oct 02

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Shields and Brooks Preview High-stakes VP Debate

Vice presidential candidates Senator Biden and Governor Palin meet in St. Louis Thursday for a highly-anticipated campaign debate. Political analysts Mark Shields and David Brooks preview the meeting and the stakes for the candidates.

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Oct 02

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Questions Remain on Bailout Plan as House Prepares to Vote Anew

The Senate on Wednesday approved a financial rescue package that could cost up to $700 billion -- the largest government intervention in U.S. history. Analysts discuss whether the plan will be enough to fix the ailing economy.

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Full Episode
Sunday, Nov 16
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