Sep 16 A Year After Bailout, Uncertain Future for AIG A year after the U.S. government came to the rescue of insurance giant American International Group (AIG), the company has a new CEO and its share price is up. Yet the company's future remains uncertain. Continue reading
Jun 05 Watch Fraud Charges Filed Against Countrywide Mortgage Chief The Securities and Exchange Commission has filed civil fraud charges against Angelo Mozilo, head of the Countrywide Financial mortgage firm, for misleading investors about the company's lending practices. Analysts assess the case's impact. Continue watching
Aug 20 Watch Wall Street's Role in the U.S. Mortgage Crisis Examined As part of an ongoing series of conversations on recent U.S. economic woes, Paul Muolo co-author of "Chain of Blame: How Wall Street Caused The Mortgage and Credit Crisis" discusses his investiation into Wall Street's connection to the current housing… Continue watching
Aug 14 Watch American 'Lust' for Homeownership Tied to Credit Crisis The drive to own more homes and renovate old ones in the U.S. fueled the number of bank loans that underlie the country's meltdown. In the first in a series of interviews on the economic downturn, Daniel McGinn, author of… 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
Jul 03 Watch Economy Burdened by Job Losses, Slipping Sales, Oil Costs The Labor Department announced the sixth consecutive month of job cuts Thursday as employers cut 62,000 workers, further fueling U.S. economic concerns. Analysts examine the news. Continue watching
May 08 Watch Legislative Bid to Buoy Slumping U.S. Housing Sector Meets Debate Amid a continuing U.S. economic downturn, Capitol Hill lawmakers have been debating how to effectively provide relief for the housing crisis. Two members of Congress discuss their positions on the housing bill and how to best revive a slumping housing… Continue watching
Mar 27 Watch John McCain Addresses the Housing Crisis Following is the text of Sen. John McCain's speech on the U.S. economy and housing crisis delivered on March 25 in Santa Ana, Calif. Continue watching
Feb 12 Watch Billionaire Buffett Offers to Help Insure Municipal Bonds Billionaire investor Warren Buffett announced Tuesday that he would help shore up three insurance bond firms by offering additional insurance on up to $800 billion in municipal bonds. The Wall Street Journal's David Wessel explains how bond insurers impact Wall… Continue watching
Feb 08 Bush Set to Sign $168B Economic Stimulus Bill By PBS News Hour President Bush said Friday he would sign the $168 billion economic stimulus bill that was passed Thursday by both houses of Congress in a bipartisan effort intended to ward off a possible recession. Continue reading