Feb 18 Watch Should Obama Pull the TARP from Under Banks? As part of his continuing series of reports examining bank reform and the future of Wall Street, Paul Solman sits down with bank consultant and former FDIC chair William Isaac for a critical look at the Troubled Asset Relief Program. Continue watching
Dec 22 Chicago Community Mourns Loss of Local Bank By Carolyn O'Hara On the West side of Chicago, the loss of a bank that invested widely in local neighborhoods is being mourned by residents, who question why a bank's commitment to community is not considered part of its bottom line. Continue reading
Nov 17 USDA: 1 in 7 U.S. Households Struggle for Food At some point in 2008, 14.6 percent of U.S. households had trouble finding food, a 3.5 percent increase from 2007 and the highest since the USDA has kept records. Continue reading
Nov 13 FDIC’s Bair on ‘Too Big to Fail,’ Lessons Learned By Carolyn O'Hara Tonight on the NewsHour, FDIC Director Sheila Bair weighs in on the state of the U.S. banking system. In a Web-exclusive excerpt, Bair speaks bluntly about the need to break up banks that are deemed "too big to fail."… Continue reading
Nov 10 Competing Senate, House Financial Reform Bills Differ Over Fed’s Role Senate Banking Committee Chairman Chris Dodd, D-Conn., unveiled legislation Tuesday that would dramatically reform how U.S. banks are regulated. The bill differs from legislation moving through the House of Representatives on several key issues. Continue reading
Oct 21 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. Continue reading
Sep 25 Paul Interviews Brazilian President Lula da Silva Editor’s note: On last night’s NewsHour, Paul spoke with Brazilian President Luiz Inacio Lula da Silva on the sidelines of the G-20 meeting in Pittsburgh. Lula weighed in not only on the legitimacy of meetings like the G-20 and where… Continue reading
Sep 24 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… Continue reading
Sep 18 Watch 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
Sep 15 In Case You Missed It: Losing Lehman Brothers Editor’s note: Last night on the NewsHour, Paul filed a compelling report on the fall of Lehman Brothers one year after the firm’s descent into bankruptcy. He traces Lehman’s fall from storied Wall Street investment bank to catalyst for the… Continue reading