Jul 29 What About Banks That Didn’t Take TARP Money? By Business Desk Question: Thank you for your illuminating illustration of the fiasco involving our banks on PBS. How many banks in this country did not take TARP money and why… Continue reading
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
Jun 30 Why Do Drive-Up ATM Machines Have Braille Dots? Robert Frank: As promised yesterday, today’s economic naturalist question is one of my two all-time favorites from among the many thousands submitted over the years by former students. “Why,” Bill Tjoa wanted to know, “do the keypad… Continue reading
Jun 25 Watch Bernanke Faces New Questions Over Role of the Fed Federal Reserve Chairman Ben Bernanke faced fresh questions from a House committee Thursday over the central bank's role facilitating Bank of America's purchase of Merrill Lynch. Experts discuss the acquisition, as well as the expanding power of the Federal Reserve,… Continue watching
Jun 19 Watch Shields and Brooks Mull U.S. Response to Iran Columnists Mark Shields and David Brooks discuss the Obama administration's response to political turmoil in Iran and new plans to overhaul the financial regulation system. Continue watching
Jun 18 Watch Geithner Defends Plan for Regulatory Overhaul In an interview with Jim Lehrer, Treasury Secretary Timothy Geithner details the administration's case for a sweeping overhaul of the financial regulation system and discusses the government's role in shaping an economic recovery. Continue watching
Jun 17 Will the Administration’s Regulatory Overhaul Work? Question: How serious is the administration about true reform of the financial system? Are its plans likely to work? Or is regulation a can of worms, a Pandora’s box, and every other cliche that might be subsumed under the… Continue reading
May 26 Is There Any Talk of Reinstating Glass-Steagall? By Business Desk Question: Is there any talk of reinstating the Glass-Steagall Act? Paul Solman: For those who can’t remember as far back as 1933, Glass-Steagall was an act of Congress passed only three months after President Roosevelt took office and… Continue reading
May 20 What Congress’ Credit Card Regulations Could Mean for Cardholders, Companies By Admin, PBS News Hour After clearing Congress, the Credit Cardholders' Bill of Rights is headed to President Barack Obama's desk to be signed into law by the end of the month. Continue reading
May 14 Watch Analysts Mull Treasury’s Calls for Derivatives Regulation The Obama administration has called for Congress to tighten regulation on risky trade derivatives, the kind of complicated financial instrument that brought down insurer AIG. Analysts examine what the move means for financial markets. Continue watching