Dec 16 Watch Keynes vs. Hayek: Late Economists’ Hip-Hop Legacy As part of his continuing series Making Sense of financial news, Paul Solman has a unique look at the legacy of economist John Maynard Keynes, who first introduced the concept of government intervention in the economy, and his countertenor Friedrich… Continue watching
Dec 15 Watch How Big is Too Big to Fail? Paul Solman talks to economist George Schultz about the merging of large, national banks and how that could impact the idea that some companies are too big to fail. Continue watching
Dec 15 Watch In Illinois, ‘Gitmo North’ Tapped to House Detainees The Obama administration plans to send some Guantanamo Bay detainees to an underused prison in rural Illinois. Republican lawmakers denounced the plan, while local residents anticipate an economic boom. Continue watching
Dec 15 Watch Democrats Inch Closer to Sweeping Health Care Overhaul President Obama urged Senate Democrats to push forward with health care reform and pass legislation before the year ends. The majority party remains divided over the proposals, disagreeing on key elements such as expanding Medicare and providing a public option. Continue watching
Dec 14 Citigroup to Repay $20B in TARP Funds By Maureen Hoch Citigroup announced Monday that it will repay $20 billion in taxpayer money, becoming the last of the major Wall Street banks to exit the government-funded bailout program. Continue reading
Dec 14 Watch Bailout Banks Continue March Toward Recovery Judy Woodruff gets another reaction to the White House banker summit from Steve Bartlett of the Financial Services Roundtable, which lobbies for most of the banks represented in Monday's meeting with President Obama. Continue watching
Dec 14 Watch Other News: Iran to Prosecute American Hikers In other news, Iran will prosecute three Americans who crossed the border from northern Iraq, and Taliban attacks killed at least 16 police throughout Afghanistan. Continue watching
Dec 14 Watch Climate Change Agreement Stifled as Leaders Disagree Efforts to craft a climate change deal in Copenhagen are moving slowly as world leaders clash on key issues. Ray Suarez reports from the Danish capital. Continue watching
Dec 14 Watch Obama: Banks Must Lend More to Help Economy President Obama asked the leaders of top U.S. banks on Monday to assume a larger role in helping the economy to recover. Kwame Holman reports and then Judy Woodruff speaks with presidential senior adviser Valerie Jarrett for more details. Continue watching