Nov 25 Economic Justice for Struggling Homeowners – And The Rest Of Us? By Elizabeth Shell Is it just to bail out homeowners? Mortgage modifications help homeowners stay put. But is that fair to those of us who bought when the market was high, and yet continue to meet our contractual obligations? Paul Solman… Continue reading
Nov 25 Economic Justice for Struggling Homeowners – And The Rest Of Us? By Elizabeth Shell Editor's Note: Is it JUST to bail out homeowners? Mortgage modifications help homeowners stay put. But is that fair to those of us who bought when the market was high, and yet continue to meet our contractual obligations? Paul Solman… Continue reading
Nov 24 What Does Justice in the Foreclosure Crisis Look Like? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Wednesday's query: An amended answer today to a question answered imperfectly (or worse) last month. Continue reading
Nov 24 What Does Justice in the Foreclosure Crisis Look Like? By Elizabeth Shell An amended answer today to a question answered imperfectly (or worse) last month. The email, from Bruce Temple, was in response to one of our stories on the foreclosure crisis and read as follows: In tonight's episode you asked… Continue reading
Nov 23 Watch Banks, Regulators Battle Over Scope of New Financial Reform Law Judy Woodruff looks at how banks and regulators are grappling over how to enact the new financial reform law. Deborah Solomon of The Wall Street Journal has more details on how the new regulations are taking shape. Continue watching
Nov 22 Small Business Owners and the Bush Tax Cut Debate: No Easy Answers By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Howard Herbst Question: Republicans say they want to keep the Bush… Continue reading
Nov 22 Small Business Owners and the Bush Tax Cut Debate: No Easy Answers By Elizabeth Shell Name: Howard Herbst Question: Republicans say they want to keep the Bush tax cuts for the wealthy to protect small businesses. Can't the tax code be quickly and easily redesigned to allow small business income reported on an individual (personal)… Continue reading
Nov 19 The Confidence of Ben Bernanke in Germany By Elizabeth Shell "The Fed chairman's message, though scholarly in tone, was unusually blunt," wrote the Wall Street Journal, "laying blame for inflationary pressures in emerging markets and for tensions over currencies on countries like China." The Financial Times underscored another… Continue reading
Nov 19 The Confidence of Ben Bernanke in Germany For a speech by a Federal Reserve Chairman, Ben Bernanke's remarks on "global rebalancing" certainly weren't designed to fly under the radar. "The Fed chairman's message, though scholarly in tone, was unusually blunt," wrote the Wall Street Journal,… Continue reading
Nov 19 Joe Nocera’s Economic ‘Hall of Shame’ By Paul Solman "We titled the book 'All the Devils are Here'," said Joe Nocera's co-author, Bethany McLean, "because in the wake of the crisis there has been this search for a simplistic answer. Ah! Fannie and Freddie, they must be the… Continue reading