Nov 28 Watch N.Y. Judge Rejects SEC’s $285M Deal With CitiGroup as ‘Unfair, Unreasonable’ A federal judge on Monday rejected a settlement between the Securities and Exchange Commission and Citigroup over mortgage deals dating back to the housing bust and the financial crisis. Ray Suarez discusses the latest developments with Edward Wyatt of The… Continue watching
Nov 24 Watch In Aftermath of Financial Crisis, Who’s Being Held Responsible? As anger over the financial crisis lingers, questions remain as to who has been held accountable for their role in creating the conditions that led to the meltdown ... and who has not. Ray Suarez reports. Continue watching
Oct 27 Watch Will Europe’s Debt Deal Calm Fears of Prolonged Recessions? European leaders reached a deal over their debt crisis at an emergency summit Thursday in Brussels. Jeffrey Brown discusses how the new agreement is expected to help solve the eurozone's problems with Joao Vale de Almeida of the Delegation of… Continue watching
Oct 26 Watch European Leaders Seek Solutions to Debt Crisis at EU Summit European Union leaders gathered Wednesday in Brussels in hopes of reaching a deal to bolster Eurozone relief funds and contain Greece's debt crisis. Laura Kuenssberg of Independent Television News reports from Brussels. Continue watching
Oct 24 Watch Would Obama’s Refinancing Plan Boost Ailing Housing Market? With millions of Americans "underwater" on their mortgages and millions of homes facing foreclosure, President Obama unveiled a revamped home-loan refinancing program Monday during a stop in Nevada, which has the country's highest foreclosure rate. Judy Woodruff and guests examine… Continue watching
Oct 21 Watch Michael Lewis’ ‘Boomerang’: ‘Money Thrown Out in Hope, Coming Back in Anger’ What caused the economic troubles in Iceland, Greece, Ireland, Germany and elsewhere? Author Michael Lewis has some controversial theories involving sweeping character assessments of each nation. Lewis -- known for "Money Ball" and "The Blind Side" -- discusses his new… Continue watching
Oct 19 Watch Do Large Banks’ Troubles Show They’re Too Big to Manage? Goldman Sachs announced a $428 million quarterly loss Tuesday, just its second loss since going public in 1999. Jeffrey Brown discusses the state, the future and regulation of large American banks with banking industry consultant Bert Ely and Simon Johnson,… Continue watching
Oct 04 Watch In a Weak Economy, Why Is CEO Pay on the Rise? Median executive compensation has more than quadrupled over the last four decades, even through the latest financial crisis. Margaret Warner explores how CEOs can still command such salaries and benefits in light of the recession with Michael Faulkender of the… Continue watching
Aug 18 Getting High for Less: Easier Access to Better, Cheaper Heroin Cripples Small Towns By Paul Solman Black tar heroin. Photo via the City of Wichita police department. Note: We've been exploring economic inequality in America this week, and thought it an opportune moment to share something we had hoped to post the last time… Continue reading
Aug 17 Watch Americans Facing More Inequality, More Debt and Now More Trouble? Did America's record-high level of economic inequality in 2007 help cause the financial crisis of 2008? With Americans' borrowing back on the rise and signs that economic inequality is growing, could there be another financial crisis in the near future?… Continue watching