Despite heightened scrutiny from both the public and regulators in the wake of the AIG bonus scandal, compensation on Wall Street is set for a record year in 2009. Jeffrey Brown reports.
The Dow Jones industrial average closed Wednesday above 10,000 for the first time since Oct. 3, 2008. Ray Suarez speaks with a Washington Post reporter about the significance.
One year after the fall of Lehman Brothers' brought the global economy to the brink of collapse, questions remain as to whether the government has been tough enough on Wall Street. Experts explain why.
By Business Desk
Editor’s note: Paul also recently sat down with Harvey Miller, lawyer for Lehman Brothers during its descent into bankruptcy, for an insider’s look at what it was like meeting with government regulators as Lehman faced collapsed.
By Business Desk
Editor’s note: Paul recently sat down with Robert Glauber, former Treasury undersecretary under George H.W. Bush and the leader of the taskforce under Reagan charged with reporting on the 1987 stock market crash, to discuss what Glauber would have…
Editor’s note: Last night on the NewsHour, Paul filed a compelling report on the fall of Lehman Brothers one year after the firm’s descent into bankruptcy. He traces Lehman’s fall from storied Wall Street investment bank to catalyst for the…
Editor’s note: All this week on the Business Desk, we’ll be featuring contributions from economists, financial journalists, and other experts on the origins and impact of the financial crisis. We asked several experts to weigh in on the single…
On the one year anniversary of the collapse of Lehman Brothers, Jeffrey Brown talks to economists and experts about what has been learned and the future of financial reform.
Lehman Brothers survived the Civil War, the Great Depression, two World Wars, and the attacks of 9/11, yet under the leadership of Richard Fuld the investment bank went from storied Wall Street firm to catalyst of last year's economic crisis.
On the one-year anniversary of the collapse of Lehman Brothers, President Obama visited Wall Street to urge financial firms to remember the lessons of the economic crisis and to press for regulatory reforms.
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