The 2008 downfall of financial giant Lehman Brothers prompted global efforts to avoid another international financial crisis. Two financial reporters, John Cassidy and Andrew Ross Sorkin, talk about what we've learned in the two years since Lehman's collapse and what's…
Two years after Lehman Brothers collapsed, central bankers from 27 countries agreed to new rules that include substantially raising the amount of capital that banks must hold in reserve in hopes of preventing another global financial crisis.
Treasury Department Secretary Timothy Geithner defended the effectiveness of the $700 billion financial rescue program known as TARP, as it prepares to wind down this fall. Judy Woodruff reports on Tuesday's hearings on the financial rescue package.
Former Lehman Brothers executives and financial regulators faced tough questions in a House hearing over the firm's bankruptcy at the start of the financial meltdown. Kwame Holman reports on the congressional hearings over the collapsed investment firm.
President Obama made a case for overhauling the nation's financial system today, in an attempt to win action in the Senate. Jeffrey Brown talks to financial experts for more on a reform bill's prospects.
The Senate Banking Committee is considering a new plan for regulating large banks and financial firms and the amount of risk they assume. Judy Woodruff talks to the committee's top Republican, Sen. Richard Shelby of Alabama, about why Republicans want…
Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee, has unveiled a plan to regulate banks and large firms and limit the amount of risk they can assume after the financial crisis. In a newsmaker interview, Judy Woodruff talks…
With President Obama pushing a bipartisan deal on reforming banking regulations, Paul Solman talks with David Stockman, former Reagan budget chief and Wall Street "gunslinger," about the proposal to tax banks on their size and amount of risk.
Jeffrey Brown speaks with Andrew Ross Sorkin of The New York Times and John Cassidy of The New Yorker about the fallout from the financial crisis, the big bailouts and Wall Street's mentality.
The House on Friday voted 223 to 202 in favor of the most far-reaching overhaul of financial regulation since the Great Depression in hopes of averting a repeat of last year's banking crisis. Kwame Holman reports.
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