Oct 15 A response to viewer questions and comments on my segment about Los Alamos, N.M. I received many responses on my segment on Los Alamos, N.M. the other night. I wanted to respond to some of them. No names are used because the emailers wrote to the NewsHour, not this page. There were several… Continue reading
Oct 13 U.S., European Stocks Soar in Response to Government Rescue Plans By Admin, PBS News Hour Stocks across the world closed with large gains Monday after European and U.S. officials poured billions of dollars into struggling banks as part of emergency plans to restore confidence in global financial markets. Continue reading
Oct 07 For those of us who are not accountants, can you help explain how bad mortgages work? Question/Comment: For the non-accountants among us: Hypothesize that a bank has $1000 in bad mortgages (cdos, etc) that have dropped to $100 in value. How does this adversely affect the bank if it simply holds onto them and no longer… Continue reading
Sep 29 Watch Florida’s Economy Impacts Voters’ Election Day Decisions With the housing market in turmoil and the markets reeling from the credit crisis, voters in the battleground state of Florida are scrutinizing what each of the candidates may be able to do to tackle the situation. Judy Woodruff reports… Continue watching
Sep 26 Is the principle of “buyer beware” the dominant principle in the American system? Question/Comment: Are you willing to argue that the subprime mortgage practices that started this problem can be deemed to be fraudulent in any way? Should anyone be convicted of anything for the devastation wreaked upon so many home buyers by… Continue reading
Sep 25 Watch Congressional Leaders in Standoff Amid Financial Crisis Congressional leaders worked on a rescue plan for Wall Street as Sens. McCain and Obama came to Washington to participate in bailout talks. Two political reporters and a business reporter discuss the political impasse and how a rescue plan might… Continue watching
Sep 25 Lawmakers Work to Hammer Out Deal on Financial Bailout By Admin, PBS News Hour Lawmakers reported making progress Thursday on reaching an agreement on a sweeping financial bailout plan, which has stirred days of debate over how to better safeguard taxpayers as Wall Street continues its tailspin. Continue reading
Sep 24 Watch Obama Rebuffs McCain’s Call to Delay Debate Amid Crisis Sen. John McCain called for Friday's debate to be delayed amid the financial crisis, a move quickly rebuffed by Sen. Barack Obama. Analysts Ruth Marcus and Byron York assess the developments. Continue watching
Sep 12 Mugabe, Opposition Leader Said to Reach Power-sharing Deal By PBS News Hour South African President Thabo Mbeki announced late Thursday that weeks of negotiations had produced a power-sharing deal between Zimbabwe's President Robert Mugabe and his bitter rival, opposition leader Morgan Tsvangirai. Continue reading
Sep 08 Watch Treasury Official Explains Fed’s Move to Rescue Housing Firms After a recap of the weekend's news on the government takeover of housing giants Fannie Mae and Freddie Mac, acting Treasury Undersecretary Andrew Ryan details the move. Continue watching