Jun 02 Watch Political Stakes High in GM Bankruptcy Plan The political stakes are high for the Obama administration in guiding General Motors into bankruptcy -- and allowing the government to take a majority stake in the company. Analysts examine the political and economic implications of the decisions. Continue watching
Jun 02 Watch GM Making New Plans Under Reorganization One day after General Motors filed for bankruptcy, the company is poised to sell its Hummer brand and make other changes as it attempts to reorganize itself. Jeffrey Brown reports. Continue watching
Jun 01 Watch After Bankruptcy Filing, Focus Turns to the ‘New GM’ GM's bankruptcy will result in the federal government owning 60 percent of the newly restructured company. GM CFO Ray Young discusses the company's future. Continue watching
May 27 Watch GM Bankruptcy Would Mark Milestone in Industrial America After the rejection of General Motors' offer to trade bond debt for company stock, analysts consider what a GM bankruptcy says about the company and the auto industry generally. Continue watching
Apr 21 Watch Freight Train Network Suffers Lack of Modernization Chicago has been a freight rail hub for the past 150 years, but an outdated layout often makes it a bottleneck for the country's shipping network. Special correspondent Rick Karr reports in the latest installment of the Blueprint America series… Continue watching
Apr 07 Why Does the United States Have to Borrow Money From Other Countries? Question: If the federal government (and/or Treasury) can just create money, why does it have to borrow it from other countries? Paul Solman: Great question. Because it’s so cheap to do so right now, the thinking goes, why… Continue reading
Jan 26 What Would Happen if the Fed Decided to Raise Interest Rates? Question/Comment: A stupid question, perhaps, but here goes. Okay, lowering the overnight rate to 0.25 percent doesn’t seem to have worked very well. What would happen if the Fed decided to RAISE the rate… Continue reading
Dec 16 Watch Obama Taps Chicago Schools Chief for Education Post President-elect Barack Obama named Chicago schools chief Arne Duncan as his pick for education secretary Tuesday. Analysts examine the challenges facing U.S. schools and how Duncan's efforts to turn around troubled Chicago schools will translate to the Cabinet post. Continue watching
Nov 24 Watch Citigroup Averts Collapse With Government Rescue Plan In an effort to stabilize the teetering American financial giant, the U.S. government stepped up to help Citigroup by injecting $20 billion in capital and agreeing to shoulder most potential losses for the bank's high-risk assets. A New York Times… Continue watching
Oct 27 The government hopes the $700 billion bailout will get banks to lend again. Why not require them to do so? Question/Comment: So the government hopes the $700 billion bailout will get banks to lend again. Why not require them to do so? According to the Wall Street Journal some of the banks are using the money for possible acquisitions, for… Continue reading