Feb 20 Watch Investigators Probe Fraud Allegations Against Financier Billionaire financier Allen Stanford is accused of swindling investors out of billions. Wall Street Journal reporter Glenn Simpson gives an update. Continue watching
Dec 11 What is the “Real Economy”? Question/Comment: I’m confused by the term “real economy.” Lots of people are using it, but no one has explained it that I can find. It’s something different than what Wikipedia defines as not the “virtual economy.” What’s going on?… Continue reading
Oct 06 Are there any banks or investment houses not involved in risky practices? Question/Comment: Are there any banks or investment houses not involved in risky practices? I would like to deal with a financial institution that has integrity. Where can I find it? Paul Solman: No, banks and investment banks are in an… Continue reading
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
Aug 01 As a graduating high-school student, I am concerned about the future. What can I expect to see in the next few years? Question/Comment: As a graduating high school student, I am concerned about what the future has in store. With the economy changing the way it is, what can I expect to see in the next few years? What would be the… Continue reading
May 29 How does the U.S. “export” its inflation to other countries? Question/Comment: How does the U.S. “export” its inflation to other countries? And a second question: Frequently pundits say the U.S. can and does print money to achieve some economic or financial goal. However, my economics professor says the government does… Continue reading
Dec 14 How is the Fed to be blamed if financial institutions are reckless and greedy during periods of low interest rates? Question/Comment: Many commentators have blamed the Fed for the mortgage mess. How is the Fed to be blamed if financial institutions are reckless and greedy during periods of low interest rates? Paul Solman: You’re cheating, Lloyd. This is two e-mails… Continue reading