Feb 22 Watch Credit Card Customers Now Subject to New Protections, Rules New credit card regulations went into effect on Monday, intended to protect consumers from unfair billing practices. Jeffrey Brown discusses the impact of the changes with Adam Levin of Credit.com and finance columnist Gail MarksJarvis. Continue watching
Feb 02 Watch Are Big Banks Good for the Economy? The Obama administration is trying to rein in big banks, but Robert Kelly, chief executive officer of Bank of New York, says that's a big mistake. Continue watching
Jan 21 Watch Are Bank Restrictions Enough to Prevent Another Recession? Judy Woodruff speaks with Rep. Scott Garrett, R-N.J., about the proposed restrictions on the nation's financial institutions and how this will affect consumers and the economy. Continue watching
Dec 22 Watch For Community Banks, Survival Can Often Trump Lending President Obama met with community bank leaders at the White House on Tuesday and pressed them to boost lending. Yet in a year in which some 140 community banks have been forced to close, the focus among small lenders is… Continue watching
Nov 24 Report: 23% of Mortgaged Homes ‘Underwater’ The number of U.S. homes worth less than the mortgages owed on them reached 10.7 million, or 23 percent of all mortgaged homes, in the third quarter, according to a new report. Continue reading
May 21 Watch For One Reporter, a Personal Journey Through the Mortgage Meltdown In the latest report of his Making Sen$e series, Paul Solman talks to New York Times economics reporter Ed Andrews, who chronicles his personal tale of the mortgage crisis in "Busted: Life Inside the Great Mortgage Meltdown."… Continue watching
May 13 Why Doesn’t the Government Set Up a New Bank to Get the Economy Moving Again? Question: I’ve been watching the difficulties the government has had propping up the banks — the lack of control, the salaries, the fact that they’re trying to fix entities with a lot of toxicity on their balance sheets. The following… Continue reading
May 06 Are Examiners Preventing Banks from Lending? Question: I am a commercial mortgage broker in California. I have had nearly every bank recently advise that their examiners are preventing them from lending. How can we get out of this mess if the examiners, in effect, prevent the… Continue reading
Apr 30 Reader Responses: The Paradox of Thrift You can watch one of Paul’s recent Making $ense pieces, The Paradox of Thrift, below. Here are a few reader reactions and Paul’s responses. Question: I have a question related to your recent segment, Paradox of Thrift: Aren’t the… Continue reading
Apr 23 Watch Obama Calls for Reform of Credit Card Practices President Barack Obama put his support Thursday behind a credit card law that will regulate the sudden rate increases and late fees that cause financial trouble for millions of consumers. A financial reporter mulls the state of U.S. credit and… Continue watching