Sep 24 Buffett Sinks $5 Billion Into Goldman Sachs By Admin, PBS News Hour As debate swirled on Capitol Hill over a proposed financial rescue plan, renowned investor Warren Buffett decided late Tuesday to buy a $5 billion stake in embattled Wall Street Titan Goldman Sachs. Continue reading
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. Continue watching
Sep 23 Bernanke and Paulson Urge Congress to Act; Lawmakers Call for More Time By Admin, PBS News Hour Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson urged Congress to pass a $700 billion financial bailout Tuesday, saying the national economy could suffer more if too much time passes. Continue reading
Sep 22 Watch Candidates Voice Concerns for Taxpayers Amid Bailouts As the government seeks to shore up the stability of U.S. financial markets, Sens. John McCain and Barack Obama expressed concern over the consequences of the massive bailouts for average taxpayers. Political reporters recap the latest news from the campaign… Continue watching
Sep 22 Watch Congress Struggles With Scope of Financial Rescue Plan The government's $700 billion financial bailout proposal now faces lawmaker approval. Senate finance committee members describe which parts of the plan are stirring debate. Continue watching
Sep 22 Congress Mulls $700B Financial Rescue Plan; Morgan, Goldman Shift Operations By PBS News Hour Lawmakers faced an intense round of negotiations Monday over a proposed $700 billion financial rescue plan as Congressional Democrats called for a cautious approach to stabilizing troubled financial markets and shoring up Wall Street's balance sheet. Continue reading
Sep 19 Watch Wall Street Upheaveal Puts McCain, Obama to the Test Wall Street's woes put the economy at the top of the campaign agendas of John McCain and Barack Obama this week as the two sought to shape their views on government regulation and other issues. Analysts Mark Shields and David… Continue watching
Sep 19 Watch Candidates Differ on Terms of Financial Sector Rescue Presidential contenders Barack Obama and John McCain offered differing views Friday on proposals for a sweeping government bailout of the weakened financial sector. Judy Woodruff reports on their latest reactions to the Wall Street crisis. Continue watching
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. Continue watching
Sep 19 Watch Government Eyes Sweeping Wall Street Rescue Plan After Ray Suarez recaps Friday's updates on government efforts to rescue the a financial system teetering on bad mortgage bets, Margaret Warner speaks with a financial columinst and a business reporter about the government's intervention and the impact of the… Continue watching