Nation Jul 24 Why regulators should go to work on Wall Street The revolving door is a popular scapegoat for regulatory inefficiency, but new research from the National Bureau of Economic Research suggests it shouldn't be blamed. Furthermore, locking the doors between the private and public sectors could actually make regulatory agencies… By Simone Pathe
Nov 14 Watch Why a Lesson in Money Plus Math Equals Financial Stability Former FDIC chairwoman Sheila Bair has a message: don't buy an inflatable moose head.
Economy Apr 22 Watch Obama Asks Wall Street for Reform Support as Senate Battle Looms President Obama admonished Wall Street for fighting financial reforms as the Senate prepares to consider new regulations for the country's financial system. Judy Woodruff reports on reactions in the financial community.
Economy 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.
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 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 13 Watch FDIC’s Bair: Bank Bailouts Were ‘Not a Good Idea’ In an interview with Paul Solman, FDIC chairwoman Sheila Bair discusses lessons learned from the financial crisis, and looks back on the federal bailout of institutions deemed "too-big-to-fail," saying, "In retrospect, I think it was not a good idea."… Continue watching
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
Sep 11 If the FDIC Asks for More Credit from Treasury, What Happens to Inflation? Question: With the FDIC’s funds diminishing, what are the chances it will tap its credit line to the Treasury? And what does that mean for inflation? Paul Solman: The more the… Continue reading