Economy Jun 05 Watch Fraud Charges Filed Against Countrywide Mortgage Chief The Securities and Exchange Commission has filed civil fraud charges against Angelo Mozilo, head of the Countrywide Financial mortgage firm, for misleading investors about the company's lending practices. Analysts assess the case's impact.
Economy Feb 19 Watch Public, Bankers, Analysts Debate Merits of Obama’s Foreclosure Plan Reaction in the banking world and among the public to President Barack Obama's plan to ease home foreclosures has proven mixed. Analysts debate the plan's merits and examine what the measure may mean for homeowners and lenders.
Politics Nov 07 Watch Economy Tops Agenda at Obama’s First Post-Election Press Conference During his first press conference since his Nov. 4 election victory, President-elect Barack Obama addressed updates on his plans to steer the U.S. economy, assemble his cabinet and his views on Iran's nuclear buildup, among other issues.
Economy Nov 07 Can Anything Good Come From the Crisis? Paul Solman: In anticipation of the weekend, when I don’t get many questions from you folks to answer, I sometimes pose rhetorical questions. And because they come from me, I’m in a unique position to answer them. As is the…
Nov 07 And Now For Something Not Completely Different Paul Solman: For those who just can’t get enough of my explanations, and like them in video form, you can go to the the home of the weekly PBS show called ‘The Newsmakers,’… Continue reading
Oct 29 Is it correct to assume that the credit crisis is mostly psychological? Question/Comment: Is it correct to assume that the credit crisis is mostly psychological? Banks hold bad paper which needs to be exposed and somehow that debt needs to be paid or securitized again, so that banks regain confidence in other… Continue reading
Oct 28 Watch White House Considers Extending Bailout to Auto Industry Deepening financial crisis among the nation's biggest auto makers prompted talks to allow corporations to apply for aid under the $700 billion bailout plan. Reporters and analysts weigh the controversy around the access to money for Detroit's Chrysler, G.M. and… Continue watching
Oct 07 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. Continue reading
Oct 06 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. Continue reading