Sep 23 Watch Massive Financial Rescue Faces Skepticism in Congress Fed chief Ben Bernanke and Treasury head Henry Paulson answered questions from skeptical members of Congress Tuesday as they pushed their $700 billion bailout plan. Analysts discuss the details of the proposal. Continue watching
Sep 22 Watch Goldman, Morgan Shift Operations as Wall Street Reels Goldman Sachs and Morgan Stanley's conversion into bank holding companies signaled the end of the investment bank model synonymous with Wall Street. Andrew Ross Sorkin of The New York Times details the changes on Wall Street and the impact of… Continue watching
Sep 08 Watch Treasury Official Explains Fed’s Move to Rescue Housing Firms After a recap of the weekend's news on the government takeover of housing giants Fannie Mae and Freddie Mac, acting Treasury Undersecretary Andrew Ryan details the move. Continue watching
Apr 03 Watch Bernanke Says Bear Stearns Rescue Was ‘Necessary’ Federal Reserve Chairman Ben Bernanke defended the agency's rescue of Bear Stearns in a Senate hearing Thursday, saying the move was necessary to prevent further impact on the general economy. Financial experts weigh the Fed's response to recent economic turmoil. Continue watching
Mar 27 Watch Candidates Keep Tight Focus on the Economy All three presidential hopefuls weighed in on current U.S. economic turmoil this week, outlining their solutions for issues ranging from soaring foreclosure rates to government oversight of investment banks. Continue watching
Mar 26 Watch Paulson Urges Oversight in Wake of Bear Stearns Bailout Treasury Secretary Henry Paulson said Wednesday that investment banks may require the same government oversight that commercial banks face if they will borrow federal money. Economic analysts weigh the pros and cons of increased federal regulation. Continue watching
Mar 24 Watch JP Morgan Raises Bear Stearns Buyout Bid Amid stockholder discontent, JP Morgan Chase raised its bid to buy investment bank Bear Stearns Monday from $2 a share to $10 a share. A New York Times financial reporter helps explain the buyout. Continue watching