Economy Mar 20 Watch Author Traces Demise of Bear Stearns in ‘House of Cards’ Author William Cohen discusses his book "House of Cards," which tells the story of how investment banking giant Bear Stearns collapsed in 2008.
Economy Sep 29 Watch Rescue Bill Failure Shocks Wall Street The House defeated a $700 billion rescue package Monday, causing serious turmoil on Wall Street. A panel of reporters discuss the implications of the rescue rejection.
Economy Sep 23 Watch Lawmakers Pose Tough Questions on Bailout Proposal Federal Reserve chief Ben Bernanke and Treasury Secretary Henry Paulson faced tough questions from skeptical members of Congress Tuesday over a $700 billion financial bailout plan. Kwame Holman reports on the hearings and other developments in the financial crisis.
Economy Sep 19 Watch Wall Street Turmoil Marks Wholesale Shift in Banking Sector After a week on Wall Street that saw stalwart financial firms fall and unprecedented levels of government intervention, NewsHour economics correspondent Paul Solman and market historian Richard Sylla offer perspective on the events.
Sep 18 Watch Consumers Fret as Wall Street’s Turmoil Continues to Unfold Personal finance concerns have jumped across the country as trouble among U.S. financial firms has roiled Wall Street. Columnist Jane Bryant Quinn and economist Diane Swonk discuss the impact of the crisis on everyday Americans. Continue watching
Jul 17 Watch Fannie Mae CEO Defends Mortgage Giant’s Stability Fannie Mae CEO Daniel Mudd reacts to questions about the stability of the mortgage-lending giant after the government took steps earlier this week to back Fannie Mae and Freddie Mac in order to maintain stability and confidence in U.S. financial… Continue watching
Jul 08 Watch Fed Ready to Strengthen Regulations Tied to Lending Practices Federal Reserve Chief Ben Bernanke outlined new rules Monday that are intended to protect homebuyers from risky lending practices blamed for a nationwide housing crisis. Wall Street Journal editor David Wessel examines the move. Continue watching
May 13 Watch Financial World Shifts Gears Amid Economic Tumult As the U.S. grapples with an economic slowdown and a housing slump, financial leaders are rethinking their strategies. Financier and author George Soros reflects on the changing business trends and details his new book, which examines the "credit crash" of… Continue watching
Jun 06 Watch Dow Continues Dive After Fed Chief Expresses Inflation Concerns Federal Reserve Chairman Ben Bernanke this week expressed concerns over core inflation and noted a slowing economy, cooling housing market, and lower consumer spending, leading investors to expect another interest rate hike. Continue watching