Economy Jun 04 Watch Financial Crisis Does Little to Dim Graduates’ Wall Street Aspirations As part of his continuing coverage making sense of the economy, Paul Solman talks to Harvard economist Ben Friedman about the college graduates who continue to flock to Wall Street, three years into the financial crisis.
Economy Apr 27 Watch Senators Vilify Goldman Sachs, But Executives Deny Wrongdoing Executives of Wall Street giant Goldman Sachs defended their conduct before and during the financial crisis, as senators on both sides of the aisle accused the investment firm of wreaking havoc on the economy. Jeffrey Brown reports.
Economy Apr 26 Watch Goldman Sachs E-Mails May Fuel Senate Hearing Newly released e-mails from Goldman Sachs executives reveal new information about what the company may have known as the housing market fell. Ray Suarez talks to a New York Times reporter about the e-mails and Tuesday's Senate hearings.
Economy Apr 16 Watch Goldman Sachs Could Face Sanctions, Fines After SEC Fraud Charge The SEC charged powerful investment bank Goldman Sachs with defrauding investors in the runup to the subprime mortgage crisis. Jim Lehrer talks to a Washington Post reporter about the charges.
Jul 13 Simon Johnson on Whether Wall Street Has Changed By Business Desk Paul Solman: MIT’s Simon Johnson, former chief economist at the IMF, is a frequent contributor to the NewsHour and this page. He’s also coauthor of a blog… Continue reading
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. Continue watching
Oct 20 Watch Fed Chairman Signals Support for New Stimulus Package Wall Street saw a boost Monday as Fed Chairman Ben Bernanke told Congress that a second stimulus bill might help the economy. Experts examine the prospects for a new stimulus plan. Continue watching
Oct 08 Watch Mounting Economic Anxieties Ripple Across the Globe Central banks around the world cut interest rates Wednesday in a joint effort to ease credit and spur growth, but a weak market response signaled the move failed to abet fears. Continue watching
Oct 08 How much of investment banks’ portfolios are tied up in the stock market? Question/Comment: What are the connections between investment banks/houses and the stock market? How much of these investment banks’ portfolios are tied up in the stock market, and how much is in other places (like loans to businesses)? Paul Solman: Investment… Continue reading